Multifamiliare A Bluff City

Investment Opportunity - Well-Maintained Brick Apartment Building + .89-Acre Additional Lot
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.