1201 Fairmount Avenue
Property Sub Type
RED DOOR AGENCY
Kitchen/Dining Combo,Open Floorplan,Remodeled,Smoke Detector(s)
Central,Electric,Forced Air,Natural Gas
Washington Lee Elementary
From Commonwealth Ave turn on to Euclid Ave, then Right to Vernon Street just behind Walgreens Pharmacy . House is on the corner of Vernon St and Fairmount Ave.
Opportunity knocks! Within walking distance of Downtown Bristol and surrounding area! A beautiful, completely remodeled & turnkey investment property with immediate income generating potential! Apartment #1 enters from the welcoming front porch of this 1920's Bungalow. Offering 1 or 2 bedrooms, ample sized living room, large kitchen that includes refrigerator, electric range, dishwasher and large pantry, a laundry nook and bathroom. High ceilings add to the charm! Heating source is natural gas and a forced air furnace. Apartment #2 enters from the cozy rear entrance, with off street parking, unveiling an updated kitchen, living room, bedroom, large closet and full bathroom. A new electric heat pump installed January 2020. Apartment #3 ascends the newly reconstructed exterior stairs to a quaint loft! Enter the open concept living room andkitchen, functional bathroom, and then a large private bedroom with a large closet. Additional bonus room/storage space perfect for a bicycle, small desk workspace, or an extensive wardrobe. Package heat/AC unit added March 2020. Impressive income potential is evident, whether you choose long term rentals, Airbnb short term rentals, or you live in one unit and rent the other two, this property provides flexibility for any investor. Most recent improvements in 2020 include: new metal roof, new heat pump for apartment #2, new package unit apartment #3, major plumbing redo, new laminate wood flooring throughout, and fresh light colored paint everywhere. Location! Location! Location! Approximately a 7 minute drive to the proposed Hard Rock Resort and Casino site! Within walking distance of Walgreens Pharmacy, Food City on Euclid, many restaurants and Downtown Bristol! Home is listed on the Historic Registry. Owner/Agent. Information compiled from multiple sources and should be verified by Buyer/Buyer's Agent.
Central Air,Heat Pump,Window Unit(s)
101 - Bristol VA (City)