Multifamily (Multi Family)

617 Fairview St, Bristol, VA 24201

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.

Geographical

County: Bristol City

Subdivision:

Zoning: r

School System

Van Pelt Elementary

Virginia Middle

Virginia High

Other Rooms: Apartment  Flooring: Carpet, Vinyl, Tile Basement & Foundation: Block  Other Features: Eat-in Kitchen 

Porch, Patio, Decking Detail:  Rear Porch, Front Porch Roof: Metal, Shingle Exterior Finish: Block, Vinyl Siding Garage: 2 

Photos