Address
2416 Bradley Street, Bristol, VA
Price
$ 425,000
Property Attributes
  • ID#9990778
  • TypeSingle Family
  • Listing Status Active
  • CountyWashington
  • CityBristol
  • AreaBristol VA (City)
  • NeighborhoodForan
  • Zip24201
  • StyleA-Frame, PUD, Other, See Remarks
  • Year Built1951
  • Taxes$ 1150
  • Price$ 425,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2867
  • Lot Size0.56 Acres
Data Source:
Tennessee Virginia Regional MLS (NETAR)
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.

Elementary School Middle School High School
Stonewall Jackson Elementary Elementary School Virginia Intermediate Middle School Virginia High School
Price History
3/17/2026 Listed $498,000
4/9/2026 5$475,000
4/16/2026 11$425,000

General Features

Sewer Public Sewer
Heating Central,Heat Pump
Cooling Attic Fan,Ceiling Fan(s),Central Air,Heat Pump,See Remarks
Utilities Cable Available,Electricity Connected,Natural Gas Connected,Water Connected,See Remarks
Roof Metal,Shingle
Appliances Dishwasher,Electric Range,Range,Refrigerator
Zoning r
Patio/Porch Features Back,Deck,Front Porch,Porch,Side Porch
Architectural Style A-Frame,PUD,Other,See Remarks
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 1951
Topography Rolling Slope
Property Subtype PUD
County Washington
New Construction false
Property Type Residential
Association Amenities Landscaping
HOA false
Attached Garage false
Subdivision Name Foran
Other Structures Guest House,Residence,Second Residence,Shed(s),Storage
Total Rooms 15
Full Baths 3
Status Active
Directions Gate City Highway, Bristol VA to Bradley Street. One block on to Bradley, premises sit on the right.
High School Virginia
City Bristol
MLS Area 101 - Bristol VA (City)
Lot Size Units Acres
Lot Size Square Feet 24393.6
Elementary School Stonewall Jackson Elementary
Home Warranty Y/N false
Current Financing None
Middle/Junior High School Virginia Intermediate
Property Condition Above Average,Updated/Remodeled
MLS Area Minor 101 - Bristol VA (City)
Structure Type House
Standard Status Active
Conventional true
Financing_co_VA_sp_Loan true
Vinyl Siding true
Cash true
Existing_sp_Finance_co_None14 true

Interior Features

Interior Amenities Open Floorplan,Remodeled,Other,See Remarks
Basement Block,Concrete,Dirt Floor,Unfinished
Flooring Luxury Vinyl,Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows,Insulated Windows
Total Bedrooms 5
Total Baths 3
Attic Pull Down Stairs true

Exterior Features

Exterior Amenities Balcony,Other,See Remarks
Parking Features Driveway,Asphalt,Shared Driveway,See Remarks
Water Source Public
Lot Size Area 0.56
Foundation Details Block
Building Area Total 5734
Lot Dimensions 149 x164x149x164
Lot Size Acres 0.56
Exterior_sp_Features_co_Balcony true
Exterior_sp_Features_co_Other20 true
Exterior_sp_Features_co_See_sp_Remarks23 true

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 24201

Price
AVG $280K
$430K
Taxes
AVG $1,872
$1,150
Year Built
AVG 1956
1951

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