🔥Income-producing Duplex in Bristol, VA!🔥

Bristol, VA, 24201
Sold
Listed at: June 15th, 2022
Price
$85,000
Sq. Footage
1492
Type
Multifamily
Parking
Assigned
Year build
1951
Lot size
acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

Serious Value-Added Potential Here!

 FLIP FOR MAX PROFIT! 

ASKING PRICE: $85,000 OR BEST OFFER

1206 Preston St, Bristol, VA 24201

Income-producing property in the heart of Bristol – walking distance to downtown and close to the casino.


Income:

  • Unit 1:   $475 / m
  • Unit 2:  $475 / m

Total Income:       $950 / m

  • Expenses:
  • City Taxes:  $727.74 / year
  • Tenant pays all utilities


The Good

  • Large corner lot
  • Approximately 746 ft² in each unit
  • Laundry hook-ups (both units)
  • Attic storage (both units)


*There is a small seller-owned shed to the rear shared by tenants (not charged by the seller).


The Bad

  • No recent updates have been made since the previous owner, and no upgrades were known prior
  • Flooring (mixture of hardwood and laminate throughout)


*The property would be considered distressed and needs upgrades. 2 mini splits are located in each unit: one downstairs, and one in the main bedroom. Three are functional in the facility and one is not.




PLEASE DO NOT ATTEMPT TO ENTER ANY PROPERTIES WITHOUT OUR AUTHORIZATION. You are receiving this email because you are noted as a professional real estate buyer and investor. We do not guarantee that possession will be delivered with contents emptied. Buyer(s) must do their own due diligence - information provided by seller and or sellers direct representative, buyer should verify all data prior to signing contract. Option Period will Not be granted. One or more of the members of the selling entity is a licensed real estate agent/broker in the State of Virginia. AwesomeCashBuyers is marketing an option/ assignment of interest in a contract and we do not represent, warrant or claim to be the current owner on legal title to this property. All properties are subject to errors, omissions, deletions, additions and/or cancellation. All properties are sold as-is, where-is with no representations written or oral or warranties of any kind. Awesome Cash Buyers reserves the right to accept any offer at companies discretion. Time is of the essence. AGENTS: Please contact us for availability or showing appointments. There are no inspection periods or contingencies, and your commissions will need to be added on top of the price listed above before presenting to your client(s). All other terms listed here apply.
Videos

Exterior Video Walkthrough

Interior Video Walkthrough

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Anya Inocencio

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