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24121416 Bradley Street

Bristol VA 24201
MLS #9977301 · Listing Courtesy of Hurd Realty, LLC
$425,000
Active
0.56
Acres
1951
Built
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Property Description
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. Rental potential: Gross $17,904/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. Rental potential: Gross $18,000 • Bradley #3 - A leased 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. Annual gross $10,800 • 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 and add additional builds. 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 high visibility and rental demand. Tourism & Attractions - Close to top Bristol destinations, including: • Hard Rock Casino & Hotel • Bristol Motor Speedway • Birthplace of Country Music Museum • Rhythm & Roots Reunion Music Festival • World-class trout fishing, hiking, biking trails, and lakes • Only 90 minutes from Pigeon Forge/Gatlinburg/Dollywood & 2 hours from Knoxville, TN Buyer and Buyer agent to verify all info.
Property Facts
Property TypeMulti Family
Sub TypeOther
MLS Number9977301
Lot Dimensions150x164x150x164
City Taxes$1,150
County Taxes$0
Elementary SchoolStonewall Jackson Elementary
Middle SchoolVirginia Intermediate
High SchoolVirginia
Features & Amenities
Interior
Block Basement
Carpet Flooring
Central Air
Central Heating
Concrete Basement
Dishwasher
Drywall Walls
Heat Pump
Insulated Windows
Laminate Counters
Luxury Vinyl Flooring
One-Level
Paneling Walls
Tile Flooring
Unfinished Basement
Window Unit(s)
Exterior
A Frame
Asphalt
Block Foundation
Deck
Driveway
Landscaping
Metal Roof
Porch
PUD
Rolling Slope Lot
Shingle Roof
Vinyl Siding Exterior
Other
Above Average Condition
Electricity Connected
Public Sewer
Public Water
Sewer Connected
Taxes Real Estate
Water Connected
Directions
Gate City Highway, Bristol VA to Bradley Street. One block on to Bradley, premises sit on the right.
  • Additional Information
    Auction Info
    Date2025-03-14
    Price Determined Bycomps and rent
    Community Features
    OtherYes
    Contract Info
    ForeclosureNo
    Easements
    NoneYes
    General Property Description
    # Buildings3
    # of Units3
    HOANo
    Total Units3
    ZoningR
    Heating
    OtherYes
    Income and Expenses
    Annual Operating Expenses2,110
    Gross Annual Income51,600
    Net Annual Income49,490
    Structure Type
    HouseYes
    Multi FamilyYes
    Unit 1
    # Bathrooms1
    # Bedrooms3
    # Units1
    Monthly Rent2,000
    SqFt1,117
    Unit 2
    # Bathrooms1
    # Bedrooms1
    # Units1
    Monthly Rent1,200
    SqFt1,000
    Unit 3
    # Bathrooms1
    # Bedrooms1
    # Rooms4
    # Units1
    Monthly Rent900
    SqFt700
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