$3,000,000
Bristol, VA 24201
MLS# 9989213
1 / 65
Property Description
Investor opportunity in the heart of Bristol, Virginia! Located at 1740 Bonham Road, this multi-family property features four buildings with a total of 20 rental units, offering strong income potential in a well-established area. The property is currently operating as a rental, making it an attractive option for investors looking to expand their portfolio or step into a stabilized multi-unit asset. Several units have been updated, providing a mix of existing improvements alongside opportunity for continued value-add through future renovations and rent optimization. Conveniently situated near shopping, dining, schools, and major roadways, this location supports consistent rental demand. With multiple buildings on one site, the layout allows for manageable operations and long-term investment potential. Whether you're a seasoned investor or looking for your next multi-family acquisition, this property offers scale, location, and upside. Buyer to verify unit count, square footage, updates, rental income, expenses, and all information deemed important.
Details
Maps
Location, Tax & Legal Info
Parcel ID: 267-1-24
City Taxes: 1488
County Taxes: 0
Contract Info
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 3000000
Current Price: $3,000,000
Listing Date: 2025-12-12
General Property Description
Lot Dimensions: 1.58
Acres: 1.58
Zoning: R
# Buildings: 4
Elementary School: Van Pelt
Middle School: Virginia
Total Units: 20
High School: Virginia
Stories: 2
# Fireplaces: 0
HOA Y/N: No
Property Sub-Type: Multi Family
Year Built: 1966
Remarks & Misc
Public Remarks: Investor opportunity in the heart of Bristol, Virginia!
Located at 1740 Bonham Road, this multi-family property features four buildings with a total of 20 rental units, offering strong income potential in a well-established area.
The property is currently operating as a rental, making it an attractive option for investors looking to expand their portfolio or step into a stabilized multi-unit asset. Several units have been updated, providing a mix of existing improvements alongside opportunity for continued value-add through future renovations and rent optimization.
Conveniently situated near shopping, dining, schools, and major roadways, this location supports consistent rental demand. With multiple buildings on one site, the layout allows for manageable operations and long-term investment potential.
Whether you're a seasoned investor or looking for your next multi-family acquisition, this property offers scale, location, and upside.
Buyer to verify unit count, square footage, updates, rental income, expenses, and all information deemed important.
Directions: From I-81, take Exit 7 toward Bristol. Turn onto Bonham Road and continue for approximately 1.5 miles. The property, 1740 Bonham Road, will be on your right. Look for the multi-building apartment complex.
Property Condition
Average: 1
Exterior Finish
Brick: 1
Vinyl Siding: 1
Unit 1
# Units: 5
# Bedrooms: 2
# Bathrooms: 1
# Half Baths: 1
Unit 2
# Units: 5
# Bedrooms: 2
# Bathrooms: 1
# Half Baths: 1
Style
Townhouse: 1
Roof
Shingle: 1
Unit 3
# Units: 5
# Bedrooms: 2
# Bathrooms: 1
Half Baths: 1
Levels
Two: 1
Unit 4
# Units: 5
# Bedrooms: 1
# Bathrooms: 1
Window Features
Insulated Windows: 1
Heating
Heat Pump: 1
Info Available
Profit/Loss Statement: 1
Rental Rolls: 1
AC
Heat Pump: 1
Water
Public: 1
Sewer
Public Sewer: 1
Appliances
Range: 1
Refrigerator: 1
Topography/Lot Description
Level: 1
Flooring
Carpet: 1
Vinyl: 1
Easements
See Remarks: 1
Financing
Cash: 1
Conventional: 1
Parking Features
Asphalt: 1
Gravel: 1
Structure Type
Multi Family: 1
Location Tax Legal Info
Street #: 1740
Street Name: Bonham
St Suffix: Road
County: Bristol City
State/Province: VA
Zip Code: 24201
Subdivision: Not In Subdivision
Property Features
Property Condition: Average
Style: Townhouse
Levels: Two
Exterior Finish: Brick; Vinyl Siding
Appliances: Range; Refrigerator
Flooring: Carpet; Vinyl
Roof: Shingle
Parking Features: Asphalt; Gravel
Heating: Heat Pump
Water: Public
Window Features: Insulated Windows
Sewer: Public Sewer
AC: Heat Pump
Structure Type: Multi Family
Info Available: Profit/Loss Statement; Rental Rolls
Easements: See Remarks
Financing: Cash; Conventional
Listing Office: KW Kingsport
Last Updated: December - 12 - 2025
Information deemed reliable but not guaranteed.