5129 Bluff City HWY Bluff City, TN 37618
8,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $106
MLS Listing ID 9999467
Style Colonial
HOA Y/N No
Year Built 1980
Lot Size 0.570 Acres
Acres 0.57
Lot Dimensions 177.04 x 142.79
Property Sub-Type Multi Family
Source Tennessee/Virginia Regional MLS
Property Description
Excellent investment opportunity for an investor looking for strong rental potential and room to expand. This well-maintained brick apartment building offers 5 total units, consisting of one 3-bedroom, 2-bath unit and four 2-bedroom, 1-bath units. All apartments include washer/dryer hookups, and tenants pay their own utilities, helping keep operating expenses manageable.
Tenants are currently on leases, with month-to-month tenancy beginning after October, providing an investor with flexibility for future management, leasing, or renovation plans.
Included is an additional .89-acre lot featuring an office trailer, storage building, and garage. This additional property offers numerous possibilities for an investor or entrepreneur, including potential opportunities for additional rental income, storage, office use, business operations, or future development, subject to applicable zoning and approvals.
Conveniently located between Bristol and Johnson City, this property provides easy access to major roads, employment centers, shopping, dining, medical facilities, and other Tri-Cities amenities.
Property Highlights:
5 total apartments
1 - 3 bedroom / 2 bath
4 - 2 bedroom / 1 bath
Well-maintained brick construction
Washer/dryer hookups in all units
Tenants pay their own utilities
Month-to-month after October
Additional .89-acre lot included
Office trailer
Storage building
Garage
Potential for additional income/use
Convenient Bristol-Johnson City location
Excellent opportunity for investors
A versatile property offering current rental income with additional land and improvements that could provide significant upside for the right investor.
Location
State TN
County Sullivan
Area 0.57
Zoning commercial
Direction From Johnson City through Piney flats, turn onto Bluff city highway before the flea market, property is on the right.
Interior
Interior Features Laminate Counters
Heating Electric, Heat Pump, Electric
Cooling Heat Pump
Flooring Carpet, Laminate
Window Features Double Pane Windows
Appliance Electric Range, Refrigerator
Heat Source Electric, Heat Pump
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Parking Features Driveway, Asphalt
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected, Natural Gas Available
Roof Type Asphalt,Shingle
Topography Level
Building
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 2
Structure Type Brick,Vinyl Siding
New Construction No
Schools
Elementary Schools Mary Hughes
Middle Schools East Middle
High Schools Sullivan East
Others
Senior Community No
Tax ID 111 03110 000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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