Sales Price: $499,000
5 Bedrooms, 3 Full Baths – A-Frame, See Remarks, PUD, Other
- Year Built: 1951
- City Tax: $1,150
- Lot Size: 0.56 acre(s)
- Finished Area: 2,867 ft²
(2,117 ft² on main level + 750 ft² on 2nd level)
- Unfinished: 2,867 ft²
- Total Area: 5,734 ft²
- Heating: Central, Heat Pump
- Cooling: Attic Fan, See Remarks, Heat Pump, Ceiling Fan(s), Central Air
- Water / Sewage: Public
- Topography: Rolling Slope
THIS IS 3 RESIDENCES. Prime Multi-Unit Investment Opportunity -Located Across from Hard Rock Casino & Hotel Bristol!Located at 2412, 2414, & 2416 Bradley St., Bristol, VA, this versatile income-producing property features three distinct residences with additional expansion potential, all within walking distance of the Hard Rock Casino & Hotel. Whether you're looking for long-term rentals, short-term Airbnb potential, or a mix of both, this property is an incredible investment in Bristol's rapidly growing market.Property Features: Bradley #1 - A leased, remodeled 3-bedroom, 1-bath home featuring a living room, dining room, galley kitchen, sunroom, and deck. Currently leased: Gross $17352/yr Bradley #2 - A remodeled 1-bedroom, 1-bath home with a living room, dining room, and an additional flex room that could serve as a second bedroom. Currently Leased: $14,400/yr Bradley #3 - A remodeled with brand-new buildout studio apartment featuring 1 bedroom, 1 bath, a living room, a kitchen, and expansive deck for relaxing on those sweet Bristol evenings. Currently Leased $10,800/yr Expansion Potential - There is additional partially updated/finished space with room to build another studio apartment or use for storage. Much of the work has been completed. This completion would add another $10,800 to your annual income—-3 Parcels. Buyer may choose to re-survey the lots if wanted to sell smaller parcels. Could also add additional builds. —-At List price: 8% ROI without finishing additional rental! 9.6% ROI when additional studio finished and leased (includes expense to finish 4th rental).Investment Highlights: Flexible Income Potential - Currently leasing. Have tenants in place/or processing applications. Revenue estimates are based on long-term rental rates, but short-term rentals could significantly boost returns. Unbeatable Location - Bradley Street is directly across from the main entrance to Hard Rock Casino & Hotel Bristol, ensuring
Lot Dimensions: 149 x164x149x164
Community: Washington County, , Foran Subdivision, Zoned R
Schools: Stonewall Jackson Elementary Elementary, Virginia Intermediate Middle, Virginia High
Interior Features:
Other Rooms: Apartment, Studio, See Remarks, Workshop, Sunroom-Heated Flooring: Tile, Luxury Vinyl Basement & Foundation: Block, Unfinished, Dirt Floor, ConcreteOther Features: Open Floorplan, See Remarks, Remodeled, Other
Exterior Features:
Porch, Patio, Decking Detail: Back, Side Porch, Porch, Front Porch, Deck Roof: Metal, Shingle Exterior Finish: Vinyl Siding Other Exterior: Balcony, See Remarks, Other