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617 Fairview Street, Bristol, VA 24201 - $124,900

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Blue Ridge Properties Listing

617 Fairview Street, Bristol, VA 24201 (MLS #9972238)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Multi Family

Sub Type: Multi Family

MLS Number: 9972238

Lot Acreage: 0.00000

Living Area: 0

Year Built:1906

Elementary School: Van Pelt

Middle School: Virginia

High School: Virginia

Public Remarks: 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.

Listing Courtesy:REMAX Results Bristol

More Listing Info:

AC:None11: true

Appliances:Refrigerator: true

Basement:Block4: true

Contract Info:Foreclosure: No

Easements:None12: true

Exterior Finish:Block5: true

Exterior Finish:Vinyl Siding: true

Flooring:Carpet: true

Flooring:Tile2: true

Flooring:Vinyl: true

Foundation:Block6: true

Garage:Garage Spaces: 2

General Property Description:Acres: 0.0

General Property Description:Elementary School3: Van Pelt

General Property Description:High School3: Virginia

General Property Description:HOA YN: No

General Property Description:Lot Dimensions: 55*144

General Property Description:Middle School2: Virginia

General Property Description:Total Units: 2

General Property Description:Zoning2: r

Heating:Baseboard: true

Heating:Natural Gas2: true

Interior Features:Eat-in Kitchen: true

Laundry Features:Electric Dryer Hookup: true

Laundry Features:Washer Hookup: true

Levels:Two: true

Location Tax Legal Info:City Taxes: 318.08

Location Tax Legal Info:County Taxes: 0.0

Other Rooms:Apartment: true

Parking Features:Detached: true

Parking Features:See Remarks22: true

PorchPatioDeck:Front Porch: true

PorchPatioDeck:Rear Porch: true

Possession:See Remarks17: true

Property Condition:Fixer: true

Remarks Misc:Directions3: From MLK Blvd, Turn onto Mary street, cross Mary Street Bridge, turn left to Fairview Street and Raven Alley.

Remarks Misc:Public Remarks2: 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.

Roof:Metal3: true

Roof:Shingle: true

Sewer:Public Sewer: true

Structure Type:House: true

Structure Type:Multi Family: true

Style:Bungalow2: true

TopographyLot Description:Other18: true

TopographyLot Description:Part Wooded: true

TopographyLot Description:See Remarks: true

Unit 1:# Bathrooms5: 1.0

Unit 1:# Bedrooms3: 5

Unit 1:# Half Baths: 1.0

Unit 1:# Units: 1

Unit 1:Monthly Rent: 750

Unit 1:SqFt6: 1188

Unit 2:# Bathrooms4: 1.0

Unit 2:# Bedrooms4: 1

Unit 2:# Units2: 1

Unit 2:Monthly Rent2: 450

Unit 2:SqFt5: 500

Utilities:Cable Available: true

Utilities:Natural Gas Available2: true

Utilities:Phone Available: true

Walls:Drywall: true

Walls:Paneling: true

Walls:Plaster: true

Water:Public: true