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2416 Bradley Street, Bristol, VA 24201 - $549,900

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Blue Ridge Properties Listing

2416 Bradley Street, Bristol, VA 24201 (MLS #9977301)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Multi Family

Sub Type: Other

MLS Number: 9977301

Lot Acreage: 0.56000

Living Area: 0

Year Built:1951

Elementary School: Stonewall Jackson Elementary

Middle School: Virginia Intermediate

High School: Virginia

Public Remarks: 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 remodeled 3-bedroom, 1-bath home featuring a living room, dining room, galley kitchen, sunroom, and deck. • Bradley #2 - A leased 1-bedroom, 1-bath home with a living room, dining room, and an additional flex room that could serve as a second bedroom. • Bradley #3 - A 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. • Expansion Potential - There is additional unfinished space with room to build another studio apartment or use for storage. Investment Highlights: • Flexible Income Potential - Bradley #1 and Bradley #3 remain unrented to allow for buyer flexibility. 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.

Listing Courtesy:Hurd Realty, LLC

More Listing Info:

AC:Central Air: true

AC:Window Unit(s): true

Amenities:Landscaping: true

Appliances:Dishwasher: true

Auction Info:Date: 2025-03-14

Auction Info:Price Determined By: comps and rent

Basement:Block4: true

Basement:Concrete3: true

Basement:Unfinished: true

Community Features:Other42: true

Contract Info:Foreclosure: No

Easements:None12: true

Expenses Include:Taxes Real Estate: true

Exterior Finish:Vinyl Siding: true

Flooring:Carpet: true

Flooring:Luxury Vinyl: true

Flooring:Tile2: true

Foundation:Block6: true

General Property Description:# Buildings: 3

General Property Description:# of Units: 3.0

General Property Description:Acres: 0.56

General Property Description:Elementary School3: Stonewall Jackson Elementary

General Property Description:High School3: Virginia

General Property Description:HOA YN: No

General Property Description:Lot Dimensions: 150x164x150x164

General Property Description:Middle School2: Virginia Intermediate

General Property Description:Total Units: 3

General Property Description:Zoning2: R

Heating:Central: true

Heating:Heat Pump2: true

Heating:Other12: true

Income and Expenses:Annual Operating Expenses: 2110

Income and Expenses:Gross Annual Income: 51600

Income and Expenses:Net Annual Income: 49490

Interior Features:Laminate Counters: true

Levels:One: true

Location Tax Legal Info:City Taxes: 2049.12

Location Tax Legal Info:County Taxes: 0.0

Parking Features:Asphalt2: true

Parking Features:Driveway: true

PorchPatioDeck:Deck: true

PorchPatioDeck:Porch: true

Property Condition:Above Average: true

Remarks Misc:Directions3: Gate City Highway, Bristol VA to Bradley Street. One block on to Bradley, premises sit on the right.

Remarks Misc:Public Remarks2: 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 remodeled 3-bedroom, 1-bath home featuring a living room, dining room, galley kitchen, sunroom, and deck. • Bradley #2 - A leased 1-bedroom, 1-bath home with a living room, dining room, and an additional flex room that could serve as a second bedroom. • Bradley #3 - A 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. • Expansion Potential - There is additional unfinished space with room to build another studio apartment or use for storage. Investment Highlights: • Flexible Income Potential - Bradley #1 and Bradley #3 remain unrented to allow for buyer flexibility. 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.

Roof:Metal3: true

Roof:Shingle: true

Sewer:Public Sewer: true

Structure Type:House: true

Structure Type:Multi Family: true

Style:A Frame2: true

Style:PUD2: true

TopographyLot Description:Rolling Slope: true

Unit 1:# Bathrooms5: 1.0

Unit 1:# Bedrooms3: 3

Unit 1:# Units: 1

Unit 1:Monthly Rent: 2000

Unit 1:SqFt6: 1117

Unit 2:# Bathrooms4: 1.0

Unit 2:# Bedrooms4: 1

Unit 2:# Units2: 1

Unit 2:Monthly Rent2: 1200

Unit 2:SqFt5: 1000

Unit 3:# Bathrooms3: 1.0

Unit 3:# Bedrooms5: 1

Unit 3:# Rooms2: 4

Unit 3:# Units3: 1

Unit 3:Monthly Rent3: 900

Unit 3:SqFt2: 700

Utilities:Electricity Connected: true

Utilities:Sewer Connected: true

Utilities:Water Connected: true

Walls:Drywall: true

Walls:Paneling: true

Water:Public: true

Window Features:Insulated Windows: true