Bristol VA Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- 1,688
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1906
- Baths:
- MLS#:
- 9972238
View additional info
Courtesy: REMAX Results Bristol
423-793-1130
ADDITIONAL INFORMATION
Investment Opportunity - Multi-Family Property! This property features two residences, both offering rental income potential and conveniently located within a mile of historic downtown Bristol, VA. Just a 10-minute drive to the Pinnacle shopping center and the new Hard Rock Casino, and within 20 minutes of the Bristol Motor Speedway. A short drive takes you to Abingdon, VA, home of the historic Barter Theater and the renowned Creeper Trail. Each property has their own address and utility hook up. The second property address is 134 Raven Alley, Bristol, VA. Property Details: Residence 1: A 5-bedroom, 1.5-bath home, currently rented for $750.00 per month. The tenant has been in place for 7 years and is in good standing. This home needs updates and some minor repairs. Residence 2: A 1-bedroom, 1-bath garage apartment, currently leased for $450.00 per month. The tenant has been in place for 5 years and is in good standing. This unit also requires upgrades and some repairs. Both properties are being sold as-is, and buyers are advised to conduct their own due diligence. All information is deemed reliable but is not guaranteed. It is the responsibility of the buyer and/or their agent to verify all information. All details are taken from public sources and no warranty is implied. This property offers a great opportunity for those looking to invest in a sought-after area with steady rental income potential.
$775,000
3201 Island Road Bristol, VA 24201
- Type:
- Other
- Sq.Ft.:
- 5,916
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.62 Acres
- Year built:
- 1966
- Baths:
- MLS#:
- 9971951
View additional info
Courtesy: Bridge Pointe Real Estate Jonesborough
423-482-9616
ADDITIONAL INFORMATION
Investment Property offering a great opportunity in Bristol! A close drive to the Hard Rock Casino, downtown Bristol VA/TN, just off from I-81, exit 3 and a close ride to the new Mendota hiking/bike trail. What a location! Newer roofs on all three buildings 2021, remodeled with newer flooring, complete kitchen and bath remodels in 5 of the 6 units,1 new AC. Each building has 2- 2 BR townhomes with a grass lawn and parking for two. Water and Power are metered separately. Additional information can be provided upon request. All information must be verified by buyer or buyer agent
All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Bristol Real Estate
The median home value in Bristol, VA is $208,950. This is higher than the county median home value of $155,000. The national median home value is $338,100. The average price of homes sold in Bristol, VA is $208,950. Approximately 52.87% of Bristol homes are owned, compared to 31.66% rented, while 15.47% are vacant. Bristol real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bristol real estate agent to arrange a tour today!
Bristol, Virginia has a population of 16,996. Bristol is less family-centric than the surrounding county with 19.54% of the households containing married families with children. The county average for households married with children is 19.54%.
The median household income in Bristol, Virginia is $43,879. The median household income for the surrounding county is $43,879 compared to the national median of $69,021. The median age of people living in Bristol is 43.4 years.
Bristol Weather
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 24.2 degrees. The average rainfall is approximately 44.1 inches per year, with 12.3 inches of snow per year.