2416 Bradley Street, Bristol, VA 24201
Local realty services provided by:CENTURY 21 Legacy
2416 Bradley Street,Bristol, VA 24201
$425,000
- 5 Beds
- 3 Baths
- 2,867 sq. ft.
- Single family
- Active
Listed by: denise myers
Office: hurd realty, llc.
MLS#:9990778
Source:TNVA_MLS
Price summary
- Price:$425,000
- Price per sq. ft.:$74.12
About this home
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....
Contact an agent
Home facts
- Year built:1951
- Listing ID #:9990778
- Added:171 day(s) ago
- Updated:July 23, 2026 at 10:43 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:15
- Flooring:Luxury Vinyl, Tile
- Kitchen Description:Dishwasher, Electric Range, Range, Refrigerator
- Basement Description:Block, Concrete, Dirt Floor, Unfinished
- Living area:2,867 sq. ft.
Heating and cooling
- Cooling:Attic Fan, Ceiling Fan(s), Central Air, Heat Pump
- Heating:Central, Heat Pump
- Central air:Yes
Structure and exterior
- Year built:1951
- Building area:2,867 sq. ft.
- Lot area:0.56 Acres
- Architectural Style:Pud
- Construction Materials:Vinyl Siding
- Exterior Features:Back, Balcony, Deck, Front porch, Porch, Side Porch
- Foundation Description:Block
Schools
- High school:Virginia
- Middle school:Virginia Intermediate
- Elementary school:Stonewall Jackson Elementary
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$425,000
- Price per sq. ft.:$74.12
Features and amenities
- Appliances:Dishwasher, Electric Range, Range, Refrigerator
- Amenities:Double Pane Windows, Insulated Windows, Open Floorplan, Remodeled
Parking
- Parking description:Asphalt Driveway, Driveway, Shared Driveway
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