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24121416 Bradley Street

Bristol VA 24201
MLS #9977777 · Listing Courtesy of Hurd Realty, LLC
$425,000
Active
5
Beds
3
Baths
2,867
Sq Ft
0.56
Acres
1951
Built
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Photo of 2412,14,16 Bradley Street, Bristol, VA 24201
Property Description
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. Currently leased: Gross $18000/yr • Bradley #2 - A remodeled 1-bedroom, 1-bath home with a living room, dining room, and an additional flex room that could serve as a second bedroom. Currently Leased: $14,400/yr • Bradley #3 - A remodeled with 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. Currently Leased $10,800/yr • Expansion Potential - There is additional partially updated/finished space with room to build another studio apartment or use for storage. Much of the work has been completed. This completion would add another $10,800 to your annual income. ---3 Parcels. Buyer may choose to re-survey the lots if wanted to sell smaller parcels. Could also add additional builds. ---It is already priced for a 10.16 % GRM at the asking price WITHOUT finishing the 4th apartment. This is based on $43200/year -- So, add $10,800 more for the forth unit and have a 12.7% GRM. The cap rate is 9.6% at the list price as it sits. ($40,652/yr, net revenue). Investment Highlights: • Flexible Income Potential - Currently fully leased. 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.
Property Facts
Property TypeResidential
Sub TypePUD
MLS Number9977777
Above Grade Sq Ft2,867
Lot Dimensions149 x164x149x164
City Taxes$1,150
County Taxes$0
Basement Sq Ft2,117
Garage Sq Ft0
Elementary SchoolStonewall Jackson Elementary
Middle SchoolVirginia Intermediate
High SchoolVirginia
Features & Amenities
A Frame
Above Average Condition
Apartment
Asphalt
Attic Fan
Back Porch/Patio
Balcony
Block Basement
Block Foundation
Cable Available
Ceiling Fan(s)
Central Air
Central Heating
Concrete Basement
Deck
Dirt Floor Basement
Dishwasher
Double Pane Windows
Driveway
Drywall Walls
Electric Range
Electricity Connected
Front Porch
Guest House
Heat Pump
Insulated Windows
Landscaping
Luxury Vinyl Flooring
Metal Roof
Natural Gas Connected
One-Level
Open Floorplan
Porch
Public Sewer
Public Water
PUD
Pull Down Stairs Attic
Range
Refrigerator
Remodeled
Residence
Rolling Slope Lot
Second Residence
Shared Driveway
Shed(s)
Shingle Roof
Side Porch
Smoke Detector(s)
Storage
Studio
Sunroom-Heated
Tile Flooring
Two-Level
Unfinished Basement
Updated/Remodeled Condition
Vinyl Siding Exterior
Water Connected
Wood Walls
Workshop
Directions
Gate City Highway, Bristol VA to Bradley Street. One block on to Bradley, premises sit on the right.
  • Additional Information
    AC
    See RemarksYes
    Community Features
    OtherYes
    Contract Info
    ForeclosureNo
    Easements
    See RemarksYes
    Exterior Features
    OtherYes
    See RemarksYes
    General Property Description
    # of Units3
    Deed Book599
    Deed Page699
    HOANo
    Home WarrantyNo
    Lot Number20, 21, 19D
    Total Rooms15
    Total Finished SqFt2,867
    Unfinished SqFt2,867
    Zoningr
    Interior Features
    OtherYes
    See RemarksYes
    Other Rooms
    See RemarksYes
    Parking Features
    See RemarksYes
    SqFt Details
    Basement Unfinished SqFt2,117
    Finished SqFt Level 12,117
    Finished SqFt Level 2750
    Unfinished SqFt Level 1750
    Structure Type
    HouseYes
    Style
    OtherYes
    See RemarksYes
    Utilities
    See RemarksYes
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