Sold
Last Sold Price
12 beds
1701 Island Rd, Bristol, VA 24201
Multi FamilyProperty Type
0.62 acresLot Size
1972Year Built

Description

Investment opportunity near the Casino, conveniently located to Downtown Bristol, and just moments away from the new Mendota trail! 6 units in total. New roofs on each building, and some updates have been made on the interior. Each building has been freshly painted and new landscaping. Gross Rent is approx $44k per year. Owner pays water for each tenant. Owner/Broker. All information to be verified by buyers and buyers agents, some information taken from 3rd party sources.Investment opportunity near the Casino, conveniently located to Downtown Bristol, and just moments away from the new Mendota trail! 6 units in total. New roofs on each building, and some updates have been made on the interior. Each building has been freshly painted and new landscaping. Gross Rent is approx $44k per year. Owner pays water for each tenant. Owner/Broker. All information to be verified by buyers and buyers agents, some information taken from 3rd party sources.
  • Listed by: LAUREN GRIFFIN • AMERICAN REALTY
Listing closed: 08/12/2022 12:00 AM • Source: Tennessee Virginia Regional MLS, MLS#: 9939521

Recent comparable sales

Median sold price

$400,000

Avg days on market

64

Sale-to-list ratio

102.9%

Bristol, VA

9 comparable properties found

$687,500 | 3203 Island Road, Unit 1 2 & 3, Bristol, VA 24201
1/33
1

$687,500

Sold 02/26/25

12
Bedrooms
5,916
Square Feet
0.62
Acres
$610,000 | 23262 Clayman Valley Road, Unit 1 2 3, Bristol, VA 24202
1/39
2

$610,000

Sold 03/27/26

6
Bedrooms
2,343
Square Feet
2.06
Acres
$380,000 | 1216 Norway Street, Unit 58, Bristol, VA 24201
1/49
3

$380,000

Sold 05/29/26

6
Bedrooms
2,815
Square Feet
0.36
Acres
$400,000 | 219 Lynwood Street, Unit P 7, Bristol, TN 37620
1/29
4

$400,000

Sold 05/12/25

4
Bedrooms
Unavailable
Square Feet
0.43
Acres
5

$595,000

Sold 05/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
6,275
Square Feet
0.58
Acres
$215,000 | 501 Moore Street, Bristol, VA 24201
1/12
6

$215,000

Sold 09/03/25

4
Bedrooms
Unavailable
Square Feet
0.15
Acres
7

$533,500

Sold 03/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
6,600
Square Feet
0.14
Acres
$219,000 | 1655 Island Road, Bristol, VA 24201
1/48
8

$219,000

Sold 08/29/25

4
Bedrooms
2,048
Square Feet
0.93
Acres
$350,000 | 140 Harvest Road, Bristol, VA 24201
1/20
9

$350,000

Sold 04/15/26

5
Bedrooms
3,000
Square Feet
0.29
Acres

Location

Listing Courtesy of AMERICAN REALTY, LAUREN GRIFFIN

Sold By BRIDGE POINTE REAL ESTATE JONESBOROUGH, VICKI WILSON

Add your commute

Payment Calculator

$3,066 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,790

Property Taxes

$275

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1701 Island Road

Property Details
  • Taxes: $3,302 / year
  • MLS Type: Multi-Family / Multi-Family
  • Architectural Style: 2 Story, Townhouse
Building Information
  • Year Built: 1972
  • Lot Size: 0.62 AC / 27,007 SF
Summary
Location and General Information
  • City: Bristol
  • County: Washington
  • Directions: from exit 3 turn onto pittstown road, continue straight and townhouses will be on the right.
  • Latitude: 36.62
  • Longitude: -82.19
  • Postal Code: 24201
  • State Or Province: VA
  • General Property Description : Zoning: x
Taxes and HOA Information
  • Parcel Number: 298 4 3
  • Association Fee: 0.0
  • Location Tax Legal Info : City Taxes: $3,301.76
  • Location Tax Legal Info : County Taxes: $.00
School Information
  • High School: Virginia
  • Middle Or Junior School: Virginia
  • Elementary School: Stonewall Jackson Elementary
Property
Lot Information
  • Lot Size Dimensions: .62
  • Lot Size Square Feet: 27,007.20
  • Lot Size Acres: 0.62
  • Lot Size Area: .62
  • Lot Size Units: Acres
  • Building Area Total: .00
  • General Property Description : Acres: .62
Property and Assessments
  • Property Type: Multi-Family
  • Year Built: 1972
  • Property Sub Type: Multi-Family
  • Property Type Label: Multi-Family
  • Construction : Site Built: Yes
Utilities
  • Water Source: See Remarks
Interior and Exterior Features
Interior Features
  • Cooling: Heat Pump
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
Exterior Features
  • Construction Materials: Other
Multi Family
Multi-Family Information
  • General Property Description : Total Units: 6.00
Income & Expenses Information
  • Income and Expenses : Gross Annual Income: 44400
Unit 1
  • Unit 1 : # Bathrooms: 2.0
  • Unit 1 : # Bedrooms: 4
  • Unit 1 : Monthly Rent: 1275
Unit 2
  • Unit 2 : # Bedrooms: 4
  • Unit 2 : # Bathrooms: 2.00
  • Unit 2 : Monthly Rent: 1200
Unit 3
  • Unit 3 : # Bedrooms: 4
  • Unit 3 : # Bathrooms: 2.0
  • Unit 3 : Monthly Rent: 1225
Unit 4
  • Unit 4 : # Units: 0

Property History for 1701 Island Road

DateEvent & SourcePriceAppreciation
Aug 12, 2022

Sold

Tennessee Virginia Regional MLS #9939521

$539,999
Jun 27, 2022

Pending

Tennessee Virginia Regional MLS #9939521

Jun 27, 2022

In Contract

Tennessee Virginia Regional MLS #9939521

DateEvent & SourcePrice
08/12/2022

Sold

Tennessee Virginia Regional MLS #9939521

$539,999
06/27/2022

Pending

Tennessee Virginia Regional MLS #9939521

06/27/2022

In Contract

Tennessee Virginia Regional MLS #9939521

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

Schools near 1701 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
Washington Lee Elementary School
PublicPK to 5

Virginia Middle School
Public6 to 8

Virginia High School
Public9 to 12

Stonewall Jackson 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1701 Island Road, Bristol, VA 24201
$539,999
12
27,007
$687,500
1,972
$687,500
12
5,916
27,007
$687,500
1,972
$162,000
2
986
21,780
2
1
986

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 AMERICAN REALTY, LAUREN GRIFFIN

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.