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Brick Triplex with Detached Garage

503 Georgia Avenue Unit 11 Bristol, TN 37620

503 Georgia Avenue Unit 11, Bristol, TN, 37620
$350,000
For Sale
$350,000

Two-story brick triplex with three rental units, individual utility responsibility, and a detached three-car garage.

Property Size13,939 SF
Price / SF$25.11
Days on Market69

Property Features for 503 Georgia Avenue Unit 11

General Information

Standard status
Active
Size
13,939 SF
Property subtype
Multi Family / Multi Family

Building Details

Year Built
1947
Listing agency Hurd Realty, LLC
Listed by Brian Parlier · License #359767
Source Compass
Added: May 16 Updated: Jul 10 at 1:49PM Checked: Jul 22 at 7:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hurd Realty, LLC


Investment Insights

Based on property information with market context.

This two-story brick triplex offers three separate residences with individual leases. Unit 1 features 3 bedrooms and 1.5 bathrooms, rented at $1,100 and currently leased through September 2027 (noted as possibly increasing to $1,300 in September). Unit 2 has 2 bedrooms and 1.5 bathrooms, rented at $800 on a month-to-month basis. Unit 3 includes 3 bedrooms and 1 bathroom, rented at $1,200 and leased through April 2027. Each unit is described as coming with kitchen appliances and window AC units.

The property is located in the Fairmount Historic District and is described as being minutes from Fairmount Elementary School, Vance Middle School, Tennessee High School, King College, Bristol Medical Center, Hardrock Casino, downtown Bristol, and other shops and restaurants.

For investors or owner-occupants, the current gross annual income is stated as $37,200. Individual units are responsible for their own utilities, and the overhead items provided include annual property insurance of approximately $2,269 and 2025 property taxes of $3,560.25. Additional 2025 handyman charges of $6,951 and mowing of $70 every 2–3 weeks are also listed. A Supra box is located on the back door of Unit 1, and showings require 24 hours of lead time. Buyer/buyers agent to verify all information and schedule showings through Showing Time or by calling the listing agent.

Key Highlights

  • Two‑story brick triplex with 3 rental units and a detached three‑car garage
  • Unit #1: $1,100 rent; possibly increasing to $1,300 in September; 3 bed, 1.5 bath; leased through September 2027
  • Unit #2: $800/month on a month‑to‑month lease; 2 bed, 1.5 bath

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

HVAC Service Parking Lot & Garage Hair Salon (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Skin Care Clinic Nail Salon Storage Facility Auto Parts Store Catering Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Two-story brick triplex with three rental units, individual utility responsibility, and a detached three-car garage.
Where is this triplex located?
The property is located at 503 Georgia Avenue Unit 11 Bristol, TN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑story brick triplex with 3 rental units and a detached three‑car garage; Unit #1: $1,100 rent; possibly increasing to $1,300 in September; 3 bed, 1.5 bath; leased through September 2027; Unit #2: $800/month on a month‑to‑month lease; 2 bed, 1.5 bath
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