NOT LISTED FOR SALE

410 Spring St Bristol, VA 24201

Estimated Value: $300,000 - $466,240

4 Beds
2 Baths
4,800 Sq Ft
$79/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $350,000 $73 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,152/month

13 Days on Market

Highlights

  • Deck
  • Laundry Room
  • Lot Has A Rolling Slope
  • Covered Patio or Porch
  • Central Air
  • Carpet

About This Home

As of June 2022

INVESTMENT OPPORTUNITY! This property includes 4 separate NEW 911 addresses in Bristol, VA City - 410/412 Spring St. and 420/422 Spring St. First time on the market for this ONE OWNER multi-family property. If you've been wanting to purchase rental property in Bristol, VA, this property is a rare find. This property features TWO DUPLEXES, 4 units total, each with 2 BEDROOMS and 1.5 BATHS. ALL UNITS are leased, so there is an instant income stream. NEW roofs installed 3 years ago. Each unit has HVAC for heating and cooling. Seller takes care of all landscaping and mowing. Convenient location, and 5 minutes from the new casino. Schedule a private showing to preview these properties. Properties are being sold ''as is, where is'' with no inspections or repairs to be performed by Sellers. Any inspections performed by buyer will be for informational purposes only. Rent rolls available for qualified buyers. Prior 911 addresses are 342 and 346 Spring Street.

Last Agent to Sell the Property

Cynthia Hornsby

Prestige Homes of the Tri Cities, Inc. License #0225184556 VA and 316140 TN Listed on: 04/15/2022

Last Buyer's Agent

Alan Anderson

Signature Properties Kpt License #285036

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Lot Details

  • 0.44 Acre Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Property is in average condition

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,800 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Finished Basement
  • Interior Basement Entry
  • Fire and Smoke Detector
  • Electric Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Stonewall Jackson Elementary School
  • Virginia Middle School
  • Virginia High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 337 6 G 7-1b
  • Tax Block G

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Gross Income $25,740
  • Net Operating Income $22,860

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Directions: Take I-81 South to Exit 3, merge onto I-381S toward Bristol, travel 1 mile, turn right on Keys St., immediate right on Commonwealth Ave Extension, turn left on Island Road, turn left on Spring Street. Property will be on the right. See sign.
  • Prop. Type: Residential Income
  • Year Built: 1995
  • Property Sub Type: Multi-Family
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Duplex, See Remarks
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 337 6 G 7-1b
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.44
  • General Property Description Zoning2: R-2
  • General Property Description Elementary School3: Stonewall Jackson Elementary
  • General Property Description Middle School2: Virginia
  • General Property Description High School3: Virginia
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: See Deed
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Other Rooms Laundry: Yes
  • Foundation Block6: Yes
  • Location Tax Legal Info Block: G
  • TopographyLot Description Cleared: Yes
  • Flooring Vinyl: Yes
  • Property Condition Average: Yes
  • General Property Description # Buildings: 2
  • General Property Description Total Units: 4
  • General Property Description Home Warranty2: No
  • Style Duplex: Yes
  • Utilities Cable Connected2: Yes
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Has Basement: Finished, Interior Entry
  • Flooring: Vinyl, Carpet, Laminate
  • Interior Amenities: Smoke Detector(s)
  • Window Features: Insulated Windows
  • InteriorFeatures:Smoke Detector(s): Yes
  • Basement:Interior Entry: Yes
  • Appliances:Electric Range: Yes
  • Basement:Basement Finished2: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Shingle, See Remarks
  • Lot Features: Rolling Slope, Cleared
  • Acres: 0.44
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Front Porch: Yes

Garage/Parking

  • Parking Features: Asphalt, Parking Spaces
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Stonewall Jackson Elementary
  • High School: Virginia
  • Middle Or Junior School: Virginia

Lot Info

  • Zoning: R-2
  • Lot Dimensions: See Deed
  • Lot Size Sq Ft: 19166.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 337 6 G 7-1b
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 25740.0
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Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2022 06/08/22 Sold $350,000 -19.0% $73 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $432,000 -- $90 / Sq Ft
Source: Tennessee/Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $2,100 $225,800 $12,500 $213,300
2024 $1,420 $126,800 $10,000 $116,800
2023 $1,484 $126,800 $10,000 $116,800
2022 $1,420 $126,800 $10,000 $116,800
2021 $1,420 $126,800 $10,000 $116,800
2020 $1,281 $109,500 $10,000 $99,500
2019 $1,281 $109,500 $10,000 $99,500
2018 $641 $109,500 $10,000 $99,500
2016 -- $94,200 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9936479

Tennessee/Virginia Regional MLS

APN: 337-6-G-7-2B