2416 Bradley St Bristol, VA 24201
Estimated payment $2,506/month
Highlights
- Additional Residence on Property
- A-Frame Home
- Heated Sun or Florida Room
- Open Floorplan
- Deck
- No HOA
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.
Home Details
Home Type
- Single Family
Year Built
- Built in 1951 | Remodeled
Lot Details
- 24,394 Sq Ft Lot
- Lot Dimensions are 149 x164x149x164
- Landscaped
- Lot Has A Rolling Slope
- Property is in good condition
Parking
- Shared Driveway
Home Design
- A-Frame Home
- Block Foundation
- Wood Walls
- Shingle Roof
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2,867 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Double Pane Windows
- Insulated Windows
- Workshop
- Heated Sun or Florida Room
- Fire and Smoke Detector
Kitchen
- Electric Range
- Dishwasher
Flooring
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Studio bedroom
- 3 Full Bathrooms
Attic
- Attic Fan
- Pull Down Stairs to Attic
Unfinished Basement
- Dirt Floor
- Block Basement Construction
Outdoor Features
- Balcony
- Deck
- Patio
- Shed
- Front Porch
Additional Homes
- Additional Residence on Property
Schools
- Stonewall Jackson Elementary School
- Virginia Intermediate
- Virginia High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Cable TV Available
Community Details
- No Home Owners Association
- Foran Subdivision
- Planned Unit Development
Listing and Financial Details
- Assessor Parcel Number 23-8-20; 23-8-21; 23-8-19d
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,574 | $276,800 | $42,000 | $234,800 |
| 2024 | -- | $153,600 | $37,500 | $116,100 |
| 2023 | $0 | $153,600 | $37,500 | $116,100 |
| 2022 | $0 | $153,600 | $37,500 | $116,100 |
| 2021 | $0 | $153,600 | $37,500 | $116,100 |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/16/2026 04/16/26 | Price Changed | $425,000 | -10.5% | $148 / Sq Ft |
| 04/09/2026 04/09/26 | Price Changed | $475,000 | -4.6% | $166 / Sq Ft |
| 03/17/2026 03/17/26 | Price Changed | $498,000 | 0.0% | $174 / Sq Ft |
| 03/17/2026 03/17/26 | For Sale | $498,000 | -0.2% | $174 / Sq Ft |
| 03/13/2026 03/13/26 | Off Market | $499,000 | -- | -- |
| 02/02/2026 02/02/26 | For Sale | $499,000 | -- | $174 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
MLS Number: 9990778
APN: 23820212
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