503 Georgia Avenue, Unit 11

Bristol, TN 37620

$499,000
Price
8
Beds
3
Baths
2
1/2 Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

This two-story brick triplex known as Georgia Terrace is located at 503 Georgia Avenue, Bristol, Tennessee. This property features three apartments with two three bedrooms and one two-bedroom unit. Each apartment has its own utility room with washer and dryer hookups. Downstairs is an L shaped living room, dining room and kitchen. The bedrooms are upstairs. Units have plenty of storage space. Located just minutes from the Fairmount school, downtown district and the new Hard Rock Hotel. In addition,...This two-story brick triplex known as Georgia Terrace is located at 503 Georgia Avenue, Bristol, Tennessee. This property features three apartments with two three bedrooms and one two-bedroom unit. Each apartment has its own utility room with washer and dryer hookups. Downstairs is an L shaped living room, dining room and kitchen. The bedrooms are upstairs. Units have plenty of storage space. Located just minutes from the Fairmount school, downtown district and the new Hard Rock Hotel. In addition, The Pinnacle Shopping stores and restaurants are just six miles away. Purchasing this property is not only a wise investment it is also a wonderful home for tenants. You will receive two forms of appreciation, of course increase in value but also appreciation from the satisfied tenants that call these apartments HOME. Talking with the current owner he states that he rented apartment one in 1998 and then purchased the building in 2004. He is proud of the fact that he raised his daughter in apartment one and later rented apartment two to both his son and daughter. Since the building is 4,300 square feet, each apartment is over 1,200 square feet. Large and spacious rooms make for comfortable family living. Behind the building is a brick detached three car oversized garage. The building sits on .51 acres. Since the Fairmount Historic District of Bristol is very desirable on July 30, 2010 this building and neighborhood was listed in the National Registers of Historic Places by the National Park Service of the United States Department of Interior. Don't miss out on this rare investment. Schedule a showing today!
  1. Listed by Haley Terrell • Watkins Home Team
  2. Listed by Patrick Watkins • Watkins Home Team

Property Details for 503 Georgia Avenue, Unit 11

Architectural Style
Colonial, Townhouse, Traditional, Other
Zoning
R 3
Subdivision
Bristol Land
LISTING UPDATED: 11/22/2024 01:20 PM

Property Details for 503 Georgia Avenue, Unit 11

StatusActive
MLS #9968898
Days on Market126
Taxes$2,913 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Multi Family
Year Built1947
Lot Size0.32 AC / 13,939 SF
CountySullivan County

Building Information for 503 Georgia Avenue, Unit 11

Stories2Residences-Year Built1947Building Size-Lot Size0.32 AC / 13,939 SF

Property Information for 503 Georgia Avenue, Unit 11

Summary
Location and General Information
  • City: Bristol
  • County: Sullivan
  • Directions: GPS FRIENDLY Go straight down historic State Street. Continue going straight until you reach Pennsylvania Ave. Turn right on Pennsylvania Ave, then turn left on Taylor Street.
  • Latitude: 36.59
  • Longitude: -82.17
  • Postal Code: 37620
  • State Or Province: TN
  • General Property Description : Zoning: R 3
Taxes and HOA Information
  • Association: No
  • Parcel Number: 021b C 003.00
  • Association Fee: 0.0
  • Location Tax Legal Info : Deed Book: 3577
  • Location Tax Legal Info : Deed Page: 377
  • Location Tax Legal Info : City Taxes: $1,317.31
  • Location Tax Legal Info : County Taxes: $1,595.79
  • Location Tax Legal Info : Block: 71
School Information
  • High School: Tennessee
  • Middle Or Junior School: Vance
  • Elementary School: Fairmont
Parking
  • Garage Spaces: 3.00
  • Attached Garage: No
Property
Lot Information
  • Lot Size Dimensions: 158.4 X 204M IRR
  • Lot Size Square Feet: 13,939.20
  • Lot Size Acres: 0.32
  • Lot Features: See Remarks, Sloped, Level
  • Lot Size Area: .32
  • Lot Size Units: Acres
  • Building Area Total: .00
  • General Property Description : Acres: .32
Property and Assessments
  • Property Condition: Average
  • Property Type: Multi Family
  • Year Built: 1947
  • Property Sub Type: Multi Family
  • Property Type Label: Multi Family
  • New Construction: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: Window Unit(s)
  • Foundation Details: Other
  • Interior Features: Open Floorplan, Walk-In Closet(s), See Remarks
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Bathrooms Total Decimal: .00
  • Basement: Crawl Space
  • Flooring: Vinyl, Tile, Carpet, Hardwood
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
  • Levels: Two
  • General Property Description : Stories: 2
Exterior Features
  • Exterior Features: See Remarks
  • Construction Materials: Brick, Plaster
  • Parking Features: Gravel, Shared Driveway, See Remarks
  • Patio And Porch Features: Covered, Front Porch
  • Roof: Composition, Shingle
  • Heating : Heat Pump: Radiant
  • Walls : Drywall: Yes
  • Roof : Shingle: Yes
  • Exterior Finish : Brick: Yes
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 : Vacancy Rate: 0
Unit 1
  • Unit 1 : # Half Baths: 1.0
  • Unit 1 : # Half Baths: 1.0
  • Unit 1 : # Bathrooms: 1.0
  • Unit 1 : # Bedrooms: 3
Unit 2
  • Unit 2 : # Bedrooms: 2
  • Unit 2 : # Bathrooms: 1.00
Unit 3
  • Unit 3 : # Bedrooms: 3
  • Unit 3 : # Bathrooms: 1.0

Property History for 503 Georgia Avenue, Unit 11

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 503 Georgia Avenue, Unit 11

This home is within Bristol School District.
Rating
School
Type
Grades
Distance
Fairmount Elementary School
Public - PK to 5
Bristol Tennessee Middle School
Public - 6 to 8
Tennessee High School
Public - 9 to 12
Tennessee Online Public School
Public - 6 to 12
Rating
School
Distance
Fairmount Elementary School
PublicPK to 5

Bristol Tennessee Middle School
Public6 to 8

Tennessee High School
Public9 to 12

Tennessee Online Public School
Public6 to 12

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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More information about 503 Georgia Avenue, Unit 11, Bristol, TN 37620

503 Georgia Avenue, Unit 11 is a multi-family home for sale in Bristol, TN 37620. This property was listed for sale on July 22, 2024 by Watkins Home Team, it's currently listed at $499,000. This listing's school district is Bristol School District. Nearby schools include Fairmount Elementary School, Bristol Tennessee Middle School and Tennessee High School. 503 Georgia Avenue, Unit 11 is a 8-bed, 4-bath, multi-family home built in 1947.

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 Watkins Home Team, Haley Terrell (423.742.1975); Watkins Home Team, Patrick Watkins (423.434.0606)

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: 11/22/2024 01:20 PM