5129 Bluff City Highway
Property Description
Investment Opportunity - Well-Maintained Brick Apartment Building. 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. 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 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. MLS 10000122 is also available for purchase.
Broker Details
RE/MAX ALL STARS (423) 723-8610
MLS ID: 10198 State License Number: 332070
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $599,000 |
| No. of Units: | 5 |
| Year Built: | 1980 |
| Lot Size: | 8,000.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $119,800 |
| Property Website | Click Here |
| Number of Bedrooms: | 11 |
| Number of Bathrooms: | 6 |
ID: 3yd-TVARMLS-9999467
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