2637 Highway 11W

Bristol, TN 37620

$3,425,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This is a 20 unit townhome project consisting of 2 bed, 1.5 bath units. There have been MANY updates, the units are 100% occupied., and there is still plenty of room for increase in the rents as units are turned. There is also a 2 bed, 2 bath single family home with a large detached garage, and an income producing billboard on the property as well. Totaling nearly 7 acres, there is potential here for more multifamily development as there is a lack of quality rental units in the area. The property...This is a 20 unit townhome project consisting of 2 bed, 1.5 bath units. There have been MANY updates, the units are 100% occupied., and there is still plenty of room for increase in the rents as units are turned. There is also a 2 bed, 2 bath single family home with a large detached garage, and an income producing billboard on the property as well. Totaling nearly 7 acres, there is potential here for more multifamily development as there is a lack of quality rental units in the area. The property is located just minutes from Downtown Bristol, the Pinnacle Shopping Center, Bristol Motor Speedway, Bristol Medical Center, Bristol Casino, and I-81. Please visit https://svnwood.com/inventory/? propertyId=1335186-sale and click on the Documents tab for more info.
  1. Listed by Kevin G. Tipton • SVN I Wood Properties
  2. Listed by Cohl Morgan • SVN I Wood Properties

Amenities

  • Air Conditioning
  • Detached Garage
  • Garage
  • Parking Included

Location

Listing Courtesy of SVN I Wood Properties, Kevin G. Tipton; SVN I Wood Properties, Cohl Morgan (865.603.9887)
Add your commute
LISTING UPDATED: 06/10/2024 12:55 PM

Property Details for 2637 Highway 11W

StatusActive
MLS #1257480
Days on Market93
Taxes$700 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1989
Lot Size0.00 AC / 0 SF
CountySullivan County

Location

Listing Courtesy of SVN I Wood Properties, Kevin G. Tipton; SVN I Wood Properties, Cohl Morgan (865.603.9887)
Add your commute

Building Information for 2637 Highway 11W

Stories-Residences21Year Built1989Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$18,750 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,692

Property Taxes

$58

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2637 Highway 11W

Summary
Location and General Information
  • City: Bristol
  • County Or Parish: Sullivan County
  • Directions: East on I-81 to North on 11W to property on RT.
  • Latitude: 36.581001
  • Longitude: -82.313914
  • MLS Area Major: Sullivan County
  • MLS Area Minor: Sullivan County
  • Postal Code: 37620
  • State Or Province: TN
  • Location Tax Legal Info Area: Sullivan County
  • Remarks Misc Directions: East on I-81 to North on 11W to property on RT.
Parking
  • Attached Garage: No
  • Parking Features: On Premise Parking
  • General Property Description Driveway: Paved
  • Garage Parking On Premise Parking: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 018 101.00
  • Owner Expenses Taxes: True
  • Location Tax Legal Info Total Tax: 699.9
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Year Built: 1989
  • Living Area Source: Tax Records
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: 6.9 Acres
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Lot Dimensions: 6.9 Acres
Property and Assessments
  • Possession: At Closing
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • General Property Description UtilitiesMo Avg: 0.0
  • Fuel Other Fuel: True
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl, Frame
  • Siding Vinyl: True
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: Refrigerator
  • Flooring: Laminate, Carpet
  • Heating: Yes
  • Cooling Central Cooling: True
  • Floors Carpet: True
  • Floors Laminate: True
  • Heat Central: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Other Rooms Other: True
  • Roof Metal: True
Multi Family
Multi-Family Information
  • Number Of Units Total: 21
  • Type of Units 2 Bedroom Unit: True
  • Type of Units Townhouse: True
Rental
Rent Information
  • General Property Description Lease Information: 1 YR - Mo to Mo
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Central,Other
  • Tenant Expenses Tenant Pays All Utilities: True

Property History for 2637 Highway 11W

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2637 Highway 11W

Taxable ValueLand$46,800Additions$427,400Total$474,200
Home Facts
Total Finished SqFt9,216 SqFtAbove Grade Finished SqFt9,216 SqFtStories2Lot Size87,120 SqFtStyleMulti-Family Res (5+ Units)Year Built1994ZoningB-1CountySULLIVANAPN082018 10100 001

Schools near 2637 Highway 11W

This home is within Sullivan County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Central Heights Elementary School
PublicPK to 5

Blountville Middle School
Public5 to 8

Sullivan Central High School
Public9 to 12

Blountville Elementary School
PublicPK to 4

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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2637 Highway 11W is a multi-family home for sale in Bristol, TN 37620. This property was listed for sale on March 29, 2024 by SVN I Wood Properties, it's currently listed at $3,425,000. This listing's school district is Sullivan County School District. Nearby schools include Central Heights Elementary School, Blountville Middle School and Sullivan Central High School. 2637 Highway 11W is a 0-bed, 0-bath, multi-family home built in 1989.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SVN I Wood Properties, Kevin G. Tipton; SVN I Wood Properties, Cohl Morgan (865.603.9887)

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 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 06/10/2024 12:55 PM