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1740 Bonham Road, Bristol, VA 24201 - $3,000,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Multi Family MLS Number: 9989213
Living Area: 0 Lot Acreage: 2 Year Built: 1966
Elementary School: Van Pelt Middle School: Virginia High School: Virginia
Property Description
Investor opportunity in the heart of Bristol, Virginia! Located at 1740 Bonham Road, this multi-family property features four buildings with a total of 20 rental units, offering strong income potential in a well-established area. The property is currently operating as a rental, making it an attractive option for investors looking to expand their portfolio or step into a stabilized multi-unit asset. Several units have been updated, providing a mix of existing improvements alongside opportunity for continued value-add through future renovations and rent optimization. Conveniently situated near shopping, dining, schools, and major roadways, this location supports consistent rental demand. With multiple buildings on one site, the layout allows for manageable operations and long-term investment potential. Whether you're a seasoned investor or looking for your next multi-family acquisition, this property offers scale, location, and upside. Buyer to verify unit count, square footage, updates, rental income, expenses, and all information deemed important.
Listing Status
Active
  • More Listing Info
    AC:Heat Pump3true
    Appliances:Rangetrue
    Appliances:Refrigeratortrue
    Contract Info:ForeclosureNo
    Easements:See Remarks18true
    Exterior Finish:Brick4true
    Exterior Finish:Vinyl Sidingtrue
    Flooring:Carpettrue
    Flooring:Vinyltrue
    General Property Description:# Buildings4
    General Property Description:# Fireplaces0.0
    General Property Description:Acres1.58
    General Property Description:Elementary School3Van Pelt
    General Property Description:High School3Virginia
    General Property Description:HOA YNNo
    General Property Description:Lot Dimensions1.58
    General Property Description:Middle School2Virginia
    General Property Description:Stories22
    General Property Description:Total Units20
    General Property Description:Zoning2R
    Heating:Heat Pump2true
    Info Available:ProfitLoss Statementtrue
    Info Available:Rental Rollstrue
    Levels:Twotrue
    Location Tax Legal Info:City Taxes1488.0
    Location Tax Legal Info:County Taxes0.0
    Parking Features:Asphalt2true
    Parking Features:Graveltrue
    Property Condition:Averagetrue
    Remarks Misc:Directions3From I-81, take Exit 7 toward Bristol. Turn onto Bonham Road and continue for approximately 1.5 miles. The property, 1740 Bonham Road, will be on your right. Look for the multi-building apartment complex.
    Remarks Misc:Public Remarks7Investor opportunity in the heart of Bristol, Virginia! Located at 1740 Bonham Road, this multi-family property features four buildings with a total of 20 rental units, offering strong income potential in a well-established area. The property is currently operating as a rental, making it an attractive option for investors looking to expand their portfolio or step into a stabilized multi-unit asset. Several units have been updated, providing a mix of existing improvements alongside opportunity for continued value-add through future renovations and rent optimization. Conveniently situated near shopping, dining, schools, and major roadways, this location supports consistent rental demand. With multiple buildings on one site, the layout allows for manageable operations and long-term investment potential. Whether you're a seasoned investor or looking for your next multi-family acquisition, this property offers scale, location, and upside. Buyer to verify unit count, square footage, updates, rental income, expenses, and all information deemed important.
    Roof:Shingletrue
    Sewer:Public Sewertrue
    Structure Type:Multi Familytrue
    Style:Townhouse2true
    TopographyLot Description:Level2true
    Unit 1:# Bathrooms51.0
    Unit 1:# Bedrooms32
    Unit 1:# Half Baths1.0
    Unit 1:# Units5
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms42
    Unit 2:# Half Baths21.0
    Unit 2:# Units25
    Unit 3:# Bathrooms31.0
    Unit 3:# Bedrooms52
    Unit 3:# Units35
    Unit 3:Half Baths1.0
    Unit 4:# Bathrooms21.0
    Unit 4:# Bedrooms61
    Unit 4:# Units45
    Water:Publictrue
    Window Features:Insulated Windowstrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
KW Kingsport
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