Homes for sale - 617 Fairview ST, Bristol, VA 24201

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,688 sqft

Price per Sqft $73

MLS Listing ID 9972238

Style Bungalow

HOA Y/N No

Originating Board Tennessee/Virginia Regional MLS

Year Built 1906

Lot Dimensions 55*144

Property Description

Investment Opportunity - Multi-Family Property!

This property features two residences, both offering rental income potential and conveniently located within a mile of historic downtown Bristol, VA. Just a 10-minute drive to the Pinnacle shopping center and the new Hard Rock Casino, and within 20 minutes of the Bristol Motor Speedway. A short drive takes you to Abingdon, VA, home of the historic Barter Theater and the renowned Creeper Trail. Each property has their own address and utility hook up. The second property address is 134 Raven Alley, Bristol, VA.

Property Details:

Residence 1: A 5-bedroom, 1.5-bath home, currently rented for $750.00 per month. The tenant has been in place for 7 years and is in good standing. This home needs updates and some minor repairs.
Residence 2: A 1-bedroom, 1-bath garage apartment, currently leased for $450.00 per month. The tenant has been in place for 5 years and is in good standing. This unit also requires upgrades and some repairs.
Both properties are being sold as-is, and buyers are advised to conduct their own due diligence. All information is deemed reliable but is not guaranteed. It is the responsibility of the buyer and/or their agent to verify all information. All details are taken from public sources and no warranty is implied. This property offers a great opportunity for those looking to invest in a sought-after area with steady rental income potential.

Location

State VA

County Bristol City

Zoning r

Direction From MLK Blvd, Turn onto Mary street, cross Mary Street Bridge, turn left to Fairview Street and Raven Alley.

Rooms

Basement Block

Ensuite Laundry Electric Dryer Hookup,Washer Hookup

Interior

Interior Features Eat-in Kitchen

Laundry Location Electric Dryer Hookup,Washer Hookup

Heating Baseboard,Natural Gas

Cooling None

Flooring Vinyl,Tile,Carpet

Appliance Refrigerator

Heat Source Baseboard,Natural Gas

Laundry Electric Dryer Hookup,Washer Hookup

Exterior

Garage Detached,See Remarks

Garage Spaces 2.0

Utilities Available Cable Available,Phone Available,Natural Gas Available

Roof Type Metal,Shingle

Porch Front Porch,Rear Porch

Parking Type Detached,See Remarks

Total Parking Spaces 2

Building

Lot Description See Remarks,Other,Part Wooded

Entry Level Two

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Structure Type Block,Vinyl Siding,Plaster

New Construction No

Schools

Elementary Schools Van Pelt

Middle Schools Virginia

High Schools Virginia

Others

Senior Community No

Tax ID 29 4 4 5

Acceptable Financing Cash,Conventional,Other

Listing Terms Cash,Conventional,Other