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About This Home
This 5-bedroom, 3-bathroom single family at 2412 Bradley Street in Bristol, VA is listed for $475,000 ($166 per sqft). Built in 1951, the home offers 2,867 sqft of living space on a 0.56 acres lot.
THIS IS 3 RESIDENCES. 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 leased, remodeled 3-bedroom, 1-bath home featuring a living room, dining room, galley kitchen, sunroom, and deck.
Currently leased: Gross $17352/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. ---At List price: 8% ROI without finishing additional rental! 9.6% ROI when additional studio finished and leased (includes expense to finish 4th rental).
Investment Highlights: - Flexible Income Potential - Currently leasing. Have tenants in place/or processing applications. 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.
Key Features
- Built in 1951
- 0.56 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$2,540/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2412 Bradley Street
Bristol, VA 24201
Foran
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 3-bathroom single family at 2412 Bradley Street is listed at $475,000 ($166/sqft). The estimated monthly payment is $2,058 based on 20% down at 6.5% interest.
Key features include: Built in 1951, 0.56 acre lot, 2 stories. Interior Features: Open Floorplan, Remodeled. Exterior Features: Balcony.
This property is listed by Denise Myers and can be reached at 4233832004 or Denise@HurdRealtyTn.com.
