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713 Ash Street, Bristol, TN 37620 - $225,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Duplex MLS Number: 9995999
Living Area: 0 Lot Acreage: 0 Year Built: 1910
Elementary School: Fairmont Middle School: Vance High School: Tennessee
Property Description
ATTENTION INVESTORS: Turnkey, cash-flowing duplex at 713 Ash St, Bristol, TN offering immediate high-yield revenue! Over 3,100 total sq ft of massive investment and equity potential. Outstanding location--only blocks away from the YMCA, walkable to vibrant downtown Bristol for city activities and nightlife, and just a few blocks to Fairmont Elementary. Cleaned, updated, neutralized, and ready for an investor to maximize on day one. Unit 1 (Main Level): 2,100 sq ft configuration featuring 3 bedrooms, 2 full bathrooms, central air/heat, original hardwood floors, historic architectural grit, and a spacious covered front porch leading into a large entry foyer. The kitchen is loaded with high-end appliances, featuring a premium GE Profile 5-burner gas cooktop and a KitchenAid double wall oven combo (one convection oven, one standard). Freshly cleaned, neutralized, and vacant--perfect for an immediate tenant or owner-occupant. Property is priced dynamically knowing that one back bedroom could use fresh paint and carpets are vacuumed clean. Unit 2 (Upstairs Apartment): Separate 1,000 sq ft configuration featuring 1 bedroom, 1 bathroom, dedicated private entrance, and laundry hookups. Currently occupied by an excellent tenant paying $900/month (tenant provides window AC, heated via baseboard/wall units). Total historical/market gross rent potential sits easily between $2,200 - $2,400+ per month. The exterior features durable architectural shingles and a rock-solid footprint. With 20% down, the active upstairs rental income nearly covers the base mortgage payment by itself! Huge cash flow engine. Selling strictly as-is, where-is. Buyer to verify exact square footage.
Listing Status
Active
  • More Listing Info
    AC:Heat Pump3true
    Appliances:Cooktoptrue
    Appliances:Dishwashertrue
    Appliances:Double Oventrue
    Basement:Interior Entrytrue
    Contract Info:ForeclosureNo
    Easements:None12true
    Exterior Finish:Aluminum Sidingtrue
    Flooring:Carpettrue
    Flooring:Hardwoodtrue
    General Property Description:Acres0.26
    General Property Description:Elementary School3Fairmont
    General Property Description:High School3Tennessee
    General Property Description:HOA YNNo
    General Property Description:Lot Dimensions78x145
    General Property Description:Middle School2Vance
    General Property Description:Stories22
    General Property Description:Total Units2
    General Property Description:Zoning2RE
    Heating:Baseboardtrue
    Heating:Heat Pump2true
    Location Tax Legal Info:Block26
    Location Tax Legal Info:City Taxes995.56
    Location Tax Legal Info:County Taxes870.32
    Location Tax Legal Info:Deed Book #3695
    Location Tax Legal Info:Deed Page #1039
    Location Tax Legal Info:Lot #3
    Parking Features:Drivewaytrue
    PorchPatioDeck:Decktrue
    Property Condition:Averagetrue
    Remarks Misc:Directions3Volunteer parkway to Anderson st. Left on Ash
    Remarks Misc:Public Remarks7ATTENTION INVESTORS: Turnkey, cash-flowing duplex at 713 Ash St, Bristol, TN offering immediate high-yield revenue! Over 3,100 total sq ft of massive investment and equity potential. Outstanding location--only blocks away from the YMCA, walkable to vibrant downtown Bristol for city activities and nightlife, and just a few blocks to Fairmont Elementary. Cleaned, updated, neutralized, and ready for an investor to maximize on day one. Unit 1 (Main Level): 2,100 sq ft configuration featuring 3 bedrooms, 2 full bathrooms, central air/heat, original hardwood floors, historic architectural grit, and a spacious covered front porch leading into a large entry foyer. The kitchen is loaded with high-end appliances, featuring a premium GE Profile 5-burner gas cooktop and a KitchenAid double wall oven combo (one convection oven, one standard). Freshly cleaned, neutralized, and vacant--perfect for an immediate tenant or owner-occupant. Property is priced dynamically knowing that one back bedroom could use fresh paint and carpets are vacuumed clean. Unit 2 (Upstairs Apartment): Separate 1,000 sq ft configuration featuring 1 bedroom, 1 bathroom, dedicated private entrance, and laundry hookups. Currently occupied by an excellent tenant paying $900/month (tenant provides window AC, heated via baseboard/wall units). Total historical/market gross rent potential sits easily between $2,200 - $2,400+ per month. The exterior features durable architectural shingles and a rock-solid footprint. With 20% down, the active upstairs rental income nearly covers the base mortgage payment by itself! Huge cash flow engine. Selling strictly as-is, where-is. Buyer to verify exact square footage.
    Roof:Shingletrue
    Sewer:Public Sewertrue
    Structure Type:Duplex3true
    Structure Type:Housetrue
    Structure Type:Multi Familytrue
    Style:Other53true
    TopographyLot Description:Level2true
    Unit 1:# Bathrooms52.0
    Unit 1:# Bedrooms33
    Unit 1:SqFt62100
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms41
    Unit 2:SqFt51000
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Davenport Brothers Real Estate
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