Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Commercial Lease

Sub Type:

MLS Number: 9989211

Lot Acreage: 1.58000

Living Area: 15,000

Year Built:1966

Elementary School:

Middle School:

High School:

Public Remarks: 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 Courtesy:KW Kingsport

More Listing Info:

AC:Heat Pump3: true

Business Type:Residential2: true

Contract Info:Foreclosure: No

Development Status:Other35: true

Electric Service:See Remarks36: true

Exterior Finish:Brick4: true

Exterior Finish:Vinyl Siding: true

General Property Description:Acres: 1.58

General Property Description:Annual Lease: 257100.0

General Property Description:HOA YN: No

General Property Description:Lease: Yes

General Property Description:Lot Size2: 1.58 acres

General Property Description:Stories3: 2.0

General Property Description:Total SqFt Finished: 15000.0

General Property Description:Total SqFt Unfinished: 0.0

General Property Description:Zoning2: R

Heating:Heat Pump2: true

Info Available:ProfitLoss Statement: true

Info Available:Rental Roles: true

Location Tax Legal Info:City Taxes: 1488.0

Location Tax Legal Info:County Taxes: 0.0

Other Equipment:Range2: true

Other Equipment:Refrigerator2: true

Property Condition:Average: true

Remarks Misc:Directions3: From 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 Remarks7: 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.

Restrictions:See Remarks34: true

Road Access:City Street: true

Roof:Shingle: true

Sale Includes:See Remarks35: true

Sewer:Public Sewer: true

Water:Public: true