Sold
Last Sold Price
1,850 sqft$49/sqft
1423 Island Rd, Bristol, VA 24201
Multi FamilyProperty Type
0.3 acresLot Size
1971Year Built
$49/sq ftPrice per sq ft

Description

Incredible investment opportunity! This house has been converted into 3 apartment units with two upstairs units and one downstairs unit. Upstairs is occupied, downstairs is vacant. The downstairs apartment is newly renovated with 950 sq ft, 2 bedrooms, 1 full bath, a large living room, kitchen and laundry room. Both of the upstairs units have 1 bedroom and 1 bath and each has its own kitchen. The property is situated on a double lot with one of the lots used for parking. It is conveniently located...Incredible investment opportunity! This house has been converted into 3 apartment units with two upstairs units and one downstairs unit. Upstairs is occupied, downstairs is vacant. The downstairs apartment is newly renovated with 950 sq ft, 2 bedrooms, 1 full bath, a large living room, kitchen and laundry room. Both of the upstairs units have 1 bedroom and 1 bath and each has its own kitchen. The property is situated on a double lot with one of the lots used for parking. It is conveniently located and offers potential passive income of $1300+ per month. Come check it out!
  • Listed by: Jim Griffin 423.247.5510 jenniresonrealtor@gmail.com Brokerage DRE #0226022396 • Keller Williams
Listing closed: 12/11/2017 12:00 AM • Source: Southwest Virginia AOR, MLS#: 61338

Location

Listing Courtesy of Keller Williams, Jim Griffin
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Payment Calculator

$467 per month

30 year fixed, 6.71% Interest

Principal and Interest

$465

Property Taxes

$2

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1423 Island Road

Property Details
Building Information
  • Residences: 3
  • Year Built: 1971
  • Lot Size: 0.30 AC / 13,068 SF
Summary
Location and General Information
  • Directions: From I-81 take exit 1 for US-58 toward Bristol. Take a slight right onto Gate City Hwy then turn left at the first cross street onto Island Road. Property will be on your right. See sign.
  • Latitude: 36.612288
  • Longitude: -82.201428
Taxes and HOA
  • Parcel Number: 37 A 6
  • Tax Year: 2016
School Information
  • Elementary School: Stonewall
  • High School: Virginia
  • Middle Or Junior School: Virginia
Parking
  • Parking Features: Gravel
Property
Lot Information
  • Lot Size Acres: 0.3
  • Lot Size Dimensions: see acreage
Property and Assessments
  • Building Area Total: 1850.0
  • Living Area: 1850.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1971
Building Features
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
Farm Information
  • Horse: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Range, Oven, Refrigerator
  • Basement: Concrete
  • Has Basement: Yes
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Oil
  • Has Heating: Yes
  • Flooring: Tile, Wood
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: Upper Level, Lower Level
  • Has Spa: No
Multi Family
Multi Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Gross Income: $15,600
  • Net Operating Income: $15,600

Property History for 1423 Island Road

DateEvent & SourcePriceAppreciation
Dec 11, 2017

Sold

Southwest Virginia AOR #61338

$90,000
Sep 20, 2017

Pending

Southwest Virginia AOR #61338

Aug 3, 2017

Listed (Active)

Southwest Virginia AOR #61338

$97,900
DateEvent & SourcePrice
12/11/2017

Sold

Southwest Virginia AOR #61338

$90,000
09/20/2017

Pending

Southwest Virginia AOR #61338

08/03/2017

Listed (Active)

Southwest Virginia AOR #61338

$97,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1423 Island Road

Taxable ValueLand$2,000Additions-Total$2,000
Tax Record2023$23 ($2 / month)
Home Facts
Beds0Lot Size4,792 SqFtStyleResidentialCountyBRISTOLAPN337 A 8A

Schools near 1423 Island Road

This home is within Bristol City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Stonewall Jackson Elementary School
PublicPK to 5

Virginia Middle School
Public6 to 8

Virginia High School
Public9 to 12

Washington Lee Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams, Jim Griffin

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Virginia Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Compass and its related brokerages, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Virginia Association of REALTORS®. All Rights Reserved.