1984 Allison Road, Unit 1

Piney Flats, TN 37686

$199,900
Last Sold Price
5
Beds
2,444 Sq. Ft.
$82 / Sq. Ft.
2,444
Sq. Ft.
$82
per Sq. Ft.

Closed 2/14/25

Closed 2/14/25

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Description

Are you looking to add to your investment portfolio or start one? Check out this three-unit multifamily property in the heart of the Tr-Cities. This property features a detached one-bedroom/one-bathroom cottage that could continue to produce income or is perfect as an owner suite to live on the property while the other two units pay for it. Unit #1 is located directly beside the cottage and features two bedrooms and one full bath. Unit #2 is on the lower level and features two bedrooms and one full...Are you looking to add to your investment portfolio or start one? Check out this three-unit multifamily property in the heart of the Tr-Cities. This property features a detached one-bedroom/one-bathroom cottage that could continue to produce income or is perfect as an owner suite to live on the property while the other two units pay for it. Unit #1 is located directly beside the cottage and features two bedrooms and one full bath. Unit #2 is on the lower level and features two bedrooms and one full bath. There is an additional space at the back of the building that could be finished into a small efficiency unit or expand unit two into a larger space and produce more rent. This property has had several updates over the years including flooring, siding, kitchen updates, and other general updates in the units. This property is centrally located and convenient to all of the Tri-Cities and minutes to Boone Lake! This one is priced to sell and ready for a new owner so check it out today! Property is being sold as-is and inspections are welcome. Information provided is believed to be accurate but provided as a courtesy only. Agents please view private rmks Buyer/Buyer's Agent to verify and to conduct all due diligence for their intended use.
  1. Listed by Justin Branson • REMAX Results Bristol

Property Details for 1984 Allison Road, Unit 1

Architectural Style
Other
Zoning
Comm A-1
Subdivision
Allison Ridge
LISTING UPDATED: 02/14/2025 10:49 AM

Property Details for 1984 Allison Road, Unit 1

StatusClosed
MLS #9970871
Days on Market123
Taxes$500 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Multi Family
Year Built1964
Lot Size0.55 AC / 23,958 SF
CountySullivan County

Building Information for 1984 Allison Road, Unit 1

Stories1Residences-Year Built1964Building Size-Lot Size0.55 AC / 23,958 SF

Property Information for 1984 Allison Road, Unit 1

Summary
Location and General Information
  • City: Piney Flats
  • County: Sullivan
  • Directions: Coming from Bristol on HWY 11E, turn right onto Allison Rd. Stay on Allison Rd and just before Haw Ridge Rd the property will be on the right.
  • Latitude: 36.45
  • Longitude: -82.38
  • Postal Code: 37686
  • State Or Province: TN
  • General Property Description : Zoning: Comm A-1
Taxes and HOA Information
  • Association: No
  • Parcel Number: 123 008.00
  • Association Fee: 0.0
  • Location Tax Legal Info : Deed Book: 3442
  • Location Tax Legal Info : Deed Page: 1735
  • Location Tax Legal Info : City Taxes: $.00
  • Location Tax Legal Info : County Taxes: $499.53
School Information
  • High School: Sullivan East
  • Middle Or Junior School: Sullivan East
  • Elementary School: Mary Hughes
Parking
  • Attached Garage: No
Property
Lot Information
  • Lot Size Dimensions: 220.71X147.49 IRR
  • Lot Size Square Feet: 23,958.00
  • Lot Size Acres: 0.55
  • Lot Features: Rolling Slope, Level
  • Lot Size Area: .55
  • Lot Size Units: Acres
  • Building Area Total: 2,444.00
  • General Property Description : Acres: .55
Property and Assessments
  • Property Condition: Average
  • Property Type: Multi Family
  • Year Built: 1964
  • Property Sub Type: Multi Family
  • Property Type Label: Multi Family
  • New Construction: No
Utilities
  • Sewer: Septic Tank
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: Heat Pump, Window Unit(s)
  • Interior Features: Laminate Counters
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Bathrooms Total Decimal: .00
  • Flooring: Vinyl, Tile, Hardwood, Laminate
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
  • Levels: One
  • Stories: 1
  • General Property Description : Stories: 1
  • Appliances: Range, Refrigerator
Exterior Features
  • Construction Materials: Block, Vinyl Siding
  • Parking Features: Asphalt, Gravel
  • Patio And Porch Features: Covered, Front Porch
  • Roof: Metal
  • Heating : Heat Pump: Baseboard, Heat Pump
  • Senior Community: No
Multi Family
Multi-Family Information
  • General Property Description : # of Units: 3.00
  • General Property Description : Total Units: 3.00
Income & Expenses Information
  • Income and Expenses : Gross Annual Income: 22200
Unit 1
  • Unit 1 : # Bathrooms: 1.0
  • Unit 1 : # Bedrooms: 2
  • Unit 1 : SqFt: 960
  • Unit 1 : Monthly Rent: 650
Unit 2
  • Unit 2 : # Bedrooms: 2
  • Unit 2 : # Bathrooms: 1.00
  • Unit 2 : SqFt: 960
  • Unit 2 : Monthly Rent: 600
Unit 3
  • Unit 3 : # Bedrooms: 1
  • Unit 3 : # Bathrooms: 1.0
  • Unit 3 : SqFt: 524
  • Unit 3 : Monthly Rent: 600

Property History for 1984 Allison Road, Unit 1

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1984 Allison Road, Unit 1

This home is within Sullivan County School District.
Rating
School
Type
Grades
Distance
Mary Hughes School
Public - PK to 5
Sullivan East Middle School
Public - 6 to 8
Sullivan East High School
Public - 9 to 12
Innovation Academy of Northeast Tennesses
Public - 6 to 8
Rating
School
Distance
Mary Hughes School
PublicPK to 5

Sullivan East Middle School
Public6 to 8

Sullivan East High School
Public9 to 12

Innovation Academy of Northeast Tennesses
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REMAX Results Bristol, Justin Branson (423.366.7745)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 MTRMLS, Inc. All Rights Reserved. Last updated: 02/14/2025 10:49 AM