CALL / TEXT LIZ @ 667-401-4552 for more info/offers! Off-market opportunity in Bristol, VA. Fairmount Ave is a detached 3 bed / 1 bath home with 1,399 sq ft above grade, priced at $66,000.
This one is a full renovation, and the price reflects that. The bones and the square footage give it a lot of upside. The tenants are out, the house is vacant, and it’s ready to close ASAP.
The Numbers
Asking: $66,000
ARV: $225,000+
Beds/Baths: 3/1
Living area: 1,399 sq ft above grade
Condition: Needs full renovation
Occupancy: Vacant
Closing: ASAP
Recent Sold Comps
1006 Highland Ave: $225,000 (sold 5/14/26)
815 Vernon St: $193,700 (sold 2/23/26)
1021 Lawrence Ave: $185,000 (sold 7/27/26)
Why Bristol, VA Bristol sits right on the Virginia–Tennessee line. State Street runs down the middle of the border, so the downtown covers two states. The city is officially recognized as the Birthplace of Country Music, and the Smithsonian-affiliated museum draws visitors year-round. The Hard Rock Hotel & Casino, Virginia’s first casino, opened its $515M permanent resort in 2024 and is bringing in jobs and tourism. You also have Bristol Motor Speedway, South Holston Lake, I-81 access, and the wider Tri-Cities market (Johnson City and Kingsport).
Buy it right, renovate it, and resell into a market with fresh sales at $185K–$225K. It works as a flip or a BRRRR.
Contact Liz @ 667-401-4552 / liz@hkequitygroup.com to set up access or submit an offer. Investors only. Sold as-is. Buyer to verify all info.
More About This Property
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Nearby Markets12 cities · 8 counties · 12 ZIP codes
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ARV $225,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $205,000.