Updated Three-Unit
New
For Sale
$299,900
601 Holston Ave, Bristol, TN 37620
Three occupied apartments operate under month-to-month agreements, with shared laundry and off-street gravel parking.
Property Size5,227 SF
Price / SF$57.38
Days on Market2
Property Features for 601 Holston Ave
General Information
Standard status
Active
Size
5,227 SF
Property subtype
Multi-Family
Zoning
B-3
Additional Details
Gross Income
$28,800
Multifamily Units
3
Amenities
shared laundry room
Building Details
Year Built
1920
Listing Agency:
Hometown Realty Of Greeneville
Listed By:
The Freck Group, Shad Freck, Stephanie M
(423) 429-5214
Source:
Livinginjohnsoncity
Added: Oct 19
Last Checked: Oct 19 at 2:44PM
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 Hometown Realty Of Greeneville
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Investment Insights
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Built in 1920, this Bristol triplex contains three separate apartments. The two upper units were renovated to the framing, including electrical updates, and the lower apartment received improvements in 2023. Plumbing work and replacement of the sewer connection to the street are also among the property updates. A shared laundry room and gravel parking area serve the building. The apartments are occupied under month-to-month rental agreements, and the property is zoned B-3.
The property sits near Volunteer Parkway and within walking distance of Downtown Bristol. Bristol Casino is approximately 2 miles away, and Bristol Regional Medical Center is a short drive from the property.
The property sits near Volunteer Parkway and within walking distance of Downtown Bristol. Bristol Casino is approximately 2 miles away, and Bristol Regional Medical Center is a short drive from the property.
Key Highlights
- Three separate residential units
- Upper apartments renovated to the framing, with electrical wiring updates
- Lower unit updated in 2023
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,086
Businesses Nearby
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Business Placement
Demographics for 37620, TN
38,245
Population
18,119
Households
2.1
Avg Household Size
45
Median Age
26%
College-Educated
90%
High-School Grad
128.2 sq mi
ZIP Area
298
Density / Sq Mi
$54,908
Median Household Income
$36,017
Median Earnings
$809
Median Rent
$175,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three occupied apartments operate under month-to-month agreements, with shared laundry and off-street gravel parking.
Where is this triplex located?
The property is located at 601 Holston Ave Bristol, TN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Three separate residential units; Upper apartments renovated to the framing, with electrical wiring updates; Lower unit updated in 2023
