Sold Status
$425,000 Sold Price
Multi Type
12 Beds
6 Baths
5,198 Sqft
Listed By of
Sold By Emilo Real Estate, LLC
Sold By Emilo Real Estate, LLC
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Addison County
Excellent location within walking distance to downtown shopping,restaurants,elementary and high schools. This apartment building is a REAL income producer with potential for continued revenue growth. Present Gross is $43,500. With data provided by the seller this property has a CAP rate of 7.3 at the listed price and can easily be increased by 1 or more each year. With the demand for housing in downtown Bristol and low rents at this building, rents clearly have potential for upward movement. †
Property Location
42 Munsill Ave Bristol
Property Details
Sold Price $425,000 | Sold Date Apr 2nd, 2007 | |
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MLS# 3036164 | Bedrooms 12 | Garage Size 9 Car |
List Price 425,000 | Total Bathrooms 6 | Year Built 1942 |
Type Multi-Family | Lot Size 0.4100 Acres | Taxes $5,837 |
Units 6 | Stories 2 | Road Frontage 80 |
Annual Income $0 | Style | Water Frontage |
Annual Expenses $16,028 | Finished 5,198 Sqft | Construction No, New Construction |
Zoning | Above Grade 5,198 Sqft | Seasonal |
Total Rooms 25 | Below Grade 0 Sqft | List Date Jan 26th, 2007 |