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

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Blue Ridge Properties Listing

1740 Bonham Road, Bristol, VA 24201 (MLS #9989213)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Multi Family

Sub Type: Multi Family

MLS Number: 9989213

Lot Acreage: 1.58000

Living Area: 0

Year Built:1966

Elementary School: Van Pelt

Middle School: Virginia

High School: Virginia

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

Appliances:Range: true

Appliances:Refrigerator: true

Contract Info:Foreclosure: No

Easements:See Remarks18: true

Exterior Finish:Brick4: true

Exterior Finish:Vinyl Siding: true

Flooring:Carpet: true

Flooring:Vinyl: true

General Property Description:# Buildings: 4

General Property Description:# Fireplaces: 0.0

General Property Description:Acres: 1.58

General Property Description:Elementary School3: Van Pelt

General Property Description:High School3: Virginia

General Property Description:HOA YN: No

General Property Description:Lot Dimensions: 1.58

General Property Description:Middle School2: Virginia

General Property Description:Stories2: 2

General Property Description:Total Units: 20

General Property Description:Zoning2: R

Heating:Heat Pump2: true

Info Available:ProfitLoss Statement: true

Info Available:Rental Rolls: true

Levels:Two: true

Location Tax Legal Info:City Taxes: 1488.0

Location Tax Legal Info:County Taxes: 0.0

Parking Features:Asphalt2: true

Parking Features:Gravel: 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.

Roof:Shingle: true

Sewer:Public Sewer: true

Structure Type:Multi Family: true

Style:Townhouse2: true

TopographyLot Description:Level2: true

Unit 1:# Bathrooms5: 1.0

Unit 1:# Bedrooms3: 2

Unit 1:# Half Baths: 1.0

Unit 1:# Units: 5

Unit 2:# Bathrooms4: 1.0

Unit 2:# Bedrooms4: 2

Unit 2:# Half Baths2: 1.0

Unit 2:# Units2: 5

Unit 3:# Bathrooms3: 1.0

Unit 3:# Bedrooms5: 2

Unit 3:# Units3: 5

Unit 3:Half Baths: 1.0

Unit 4:# Bathrooms2: 1.0

Unit 4:# Bedrooms6: 1

Unit 4:# Units4: 5

Water:Public: true

Window Features:Insulated Windows: true