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26891639
26891638

577 ENGLISH ST BRISTOL TN 37620, BRISTOL, TN 37620 For Sale

MH
TN TN 335263, VA 0225245084
The Addington Agency
Listed by The Addington Agency
$1,825,000
311 days on market
Updated 17 days ago

577 English St Condos

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 10,260
Units 5
Cap Rate 6.68%
NOI $122,000
Occupancy 100%
Pro-Forma Cap Rate 6.68%
Pro-Forma NOI $122,000
Price per SqFt $178
Class A
Year Built 2025
Buildings 1
Stories 3
Zoning R/B3
Parking Spaces 2 per unit
Investment Type Stabilized
Ground Lease No

Luxury units in the heart of Bristol TN/VA

Marketing description

**Prime Investment Opportunity** Luxury 5-Unit Upgraded Newer Construction in the Heart of Bristol, TN. Presenting a new, contemporary 5-unit development designed for modern living and maximum income potential. Each spacious unit offers 3 bedrooms, 2.5 bathrooms, and a 1-car garage, combining style, functionality, and comfort. With versatile rental possibilities-ideal for both short-term and long-term tenants, this property offers a unique opportunity to diversify income streams. Situated in the vibrant heart of Bristol, TN, residents enjoy quick access to Downtown Bristol TN/VA, the Hard Rock Casino, and the Bristol Motor Speedway, all high-demand destinations that draw consistent visitor traffic year-round. Whether you're seeking an addition to your investment portfolio or a turnkey income-producing asset, this luxury development offers exceptional location, brand-new construction, and strong rental potential in one of the region's fastest-growing markets. (Buyers & Buyers Agents to Confirm All Information)

Investment highlights

All 5 Units currently rented - Upgraded 2024/2025 Construction!

Listing Contacts

MH
TN TN 335263, VA 0225245084
The Addington Agency
Listed by The Addington Agency

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$122,000.00
$10,166.67/mo

Valuation Metrics

0
DSCR
6.68%
Cap Rate
6.68%
ROI

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Additional Information

Name
Melissa Hall
License
TN 335263
Brokerage
The Addington Agency
Brokerage Phone
423-845-5800
Title
Real Estate Agent
Brokerage Address
121 Bluff City Highway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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