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721 Meadow View Road

Bristol, TN 37620
  • $450,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: 9946444
UPDATED: 53 min ago
$450,000
  • 3
    BEDS
  • 1.06
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,304
    SQFT
  • $195
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1995
County:

School Information

Elementary School:
Middle School:
High School:

Description

Great location with tremendous potential. This 4-unit apartment building is located directly across the street from Ballad Heart Center and Holston Medical Group and within walking distance of the Hospital. The property currently consists of 4 1 bedroom apartments with a good long-term rental history. Each unit is separately metered for electricity, and each has laundry hookups. This property is being sold with 2 parcels totaling just over 1 acre, with the vacant parcel having B3 zoning. All tenants are currently month to month, and this property has excellent potential to be converted to short-term rentals for travel nurses, travelers, and casino guests with its proximity to the hospital, interstate, and Hard Rock Bristol Casino. 2 additional adjoining parcels consisting of a single-family rental home (719 Meadowview Rd) zoned B3 and a large garage/shop building could also be purchased for a developer looking for a larger project. Currently, 3 of the 4 rental units have tenants. Potential buyers can easily view the vacant unit as the layout for each unit is identical. Serious buyers can schedule an appointment to see the occupied units with advanced notice. This is a rare opportunity for a multi-family unit with the potential to expand in an excellent location. Check it out today. Buyer/Buyer's agent to verify all information. Parcels 019K B 001.25 & 019K B 001.20 are included with this sale. Additional parcels: 019K B 001.30 & 019K B 001.15 are owned by the same seller and could be purchased for a total of approximately 2.6 acres. Please do not disturb tenants.

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© 2023 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2023-01-29T07:00:09.283.
www.conservusrealestategroup.com/homes/135365064
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721 Meadow View Road Bristol, TN 37620

  • Price: $450,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 53 min ago
  • MLS #: 9946444
3
Beds
3
Baths
0
½ Baths
1.06
Acres
2,304
SQFT
$195
$/SQFT
1995
Built
Neighborhood:
Not In Subdivision
County:
Sullivan
Elementary School:
Central Heights
Middle School:
Sullivan Central Middle
High School:
West Ridge
Property Description
Great location with tremendous potential. This 4-unit apartment building is located directly across the street from Ballad Heart Center and Holston Medical Group and within walking distance of the Hospital. The property currently consists of 4 1 bedroom apartments with a good long-term rental history. Each unit is separately metered for electricity, and each has laundry hookups. This property is being sold with 2 parcels totaling just over 1 acre, with the vacant parcel having B3 zoning. All tenants are currently month to month, and this property has excellent potential to be converted to short-term rentals for travel nurses, travelers, and casino guests with its proximity to the hospital, interstate, and Hard Rock Bristol Casino. 2 additional adjoining parcels consisting of a single-family rental home (719 Meadowview Rd) zoned B3 and a large garage/shop building could also be purchased for a developer looking for a larger project. Currently, 3 of the 4 rental units have tenants. Potential buyers can easily view the vacant unit as the layout for each unit is identical. Serious buyers can schedule an appointment to see the occupied units with advanced notice. This is a rare opportunity for a multi-family unit with the potential to expand in an excellent location. Check it out today. Buyer/Buyer's agent to verify all information. Parcels 019K B 001.25 & 019K B 001.20 are included with this sale. Additional parcels: 019K B 001.30 & 019K B 001.15 are owned by the same seller and could be purchased for a total of approximately 2.6 acres. Please do not disturb tenants.
Exterior Features

Exterior Finish Vinyl Siding Lot Dimensions 243X181 Parking Features Asphalt Porch Patio Deck Deck Roof Asphalt Style 1 Story Topography Lot Description LevelRolling SlopeSee Remarks Walls Drywall

Interior Features

Ac Heat Pump Appliances Electric RangeRefrigerator Building1 Number Rooms 3 Building2 Number Rooms 3 Building3 Number Rooms 3 Flooring CarpetLuxury Vinyl Heating Heat Pump Laundry Features Electric Dryer HookupWasher Hookup

Property Features

Auction No Building1 Monthly Rent 475 Building1 Number Units 1 Building2 Monthly Rent 475 Building2 Number Units 1 Building3 Monthly Rent 475 Building3 Number Units 1 Building4 Monthly Rent 400 Building4 Number Rooms 3 Building4 Number Units 1 City Taxes 0.00 County Taxes 1113.59 Easements See Remarks Financing CashConventional Foreclosure No Property Condition Above Average Property Sub Type Quadruplex Sewer Septic Tank Short Sale No Water Public Zoning B3

Listing information © 2023 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Josh Taylor of Remax Results Bristol: (423) 793-1130.



© 2023 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2023-01-29T07:00:09.283.
 
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Conservus Real Estate Group
402 East Main Street
Kingsport TN, 37660