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503 Georgia Avenue
Bristol TN 37620
MLS #9996166 · Listing Courtesy of Hurd Realty, LLC
$350,000
Active
0.32
Acres
3
Garage
1947
Built
Property Description
-IMMEDIATE INCOME PRODUCING!
-CONVENIENT LOCATION!
-OWNER OCCUPY OR INVESTOR OPPORTUNITY!
This beautiful two-story brick Triplex is located in Fairmount Historic District and is just 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.
Current Gross annual income $37,200.00.
-- UNIT #1 --
- Rent at: $1100 (possibly increasing to $1300 in September) / leased through September 2027
- 3-Bedroom
- 1.5 Bathroom
-- UNIT 2--
- Rent at: $800 / month to month
- 2 Bedroom
- 1.5 Bathroom
--UNIT 3--
- Rent at: $1,200 / leased through April 2027
- 3-Bedroom
- 1 Bathroom
Other notable features included but not limited to:
- Roof was installed 2011 w/ 30-year architectural shingles.
- Brick detached three car garage.
- All units come w/all kitchen appliances, and window AC units.
OVERHEAD/ EXPENSES:
- Individual units are responsible for all of their own utilities.
- Annual property insurance is approx. $2,269.
- Property taxes for 2025 were $3,560.25
- 2025 Handyman charges: $6,951
- Mowing is $70 every 2-3 weeks.
Supra box located on the back door of unit 1.
Allow for 24 hr. lead time for showings.
Aerial photo boundary lines are approximates only. Sq footage and other listing details pulled from 3rd party All information herein deemed reliable but not guaranteed. Buyer/ Buyers agent to verify all information and schedule showings thru Showing Time or call listing agent. Agents must ensure all buyers are pre-approved prior to scheduling showing.
Property Facts
Property TypeMulti Family
Sub TypeMulti Family
MLS Number9996166
Fireplaces0
Lot Dimensions158.4 X 204M IRR
City Taxes$1,899.61
County Taxes$1,660.64
Elementary SchoolFairmount
Middle SchoolVance
High SchoolTennessee
Features & Amenities
Interior
Baseboard Heating
Ceiling Fan(s)
Crawl Space Foundation
Eat-in Kitchen
Electric Dryer Hookup
Kitchen/Dining Combo
Plaster Walls
Range
Refrigerator
Single Pane Windows
Two-Level
Washer Hookup
Window Unit(s)
Exterior
Block Foundation
Brick Exterior
Cleared Lot
Covered Porch/Patio
Front Porch
Garage(s)
Gravel
Historic
Rear Patio
Shingle Roof
Storage
Townhouse
Other
Average Condition
Public Sewer
Public Water
Directions
From King University
1350 King College Rd, Bristol, TN 37620
Turn left onto King College Rd
Continue onto E State St
Turn left onto Georgia Ave
-
Additional Information
Contract InfoForeclosureNoEasementsSee RemarksYesFlooringSee RemarksYesGeneral Property Description# of Units3HOANoSenior CommunityNoStories2Total Units22ZoningR 3 / ReIncome and ExpensesGross Annual Income3,720,000Vacancy Rate %0Location Tax Legal InfoBlock71Deed Book #3,577Deed Page #377Lot #11Structure TypeMulti FamilyYesTriplexYesStyleSee RemarksYesUnit 1# Bathrooms1# Bedrooms3# Half Baths1Monthly Rent1,100Unit 2# Bathrooms1# Bedrooms2# Half Baths1Monthly Rent800Unit 3# Bathrooms1# Bedrooms3Monthly Rent1,200Unit 4# Bathrooms0# Bedrooms0# Rooms0# Units0Half Baths0Monthly Rent0
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