Courtesy: REMAX Results Bristol
423-793-1130
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.
Courtesy: Bridge Pointe Real Estate Jonesborough
423-482-9616
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
Bristol is located in Virginia. 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.
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.
