2634 Island Road
Property Description
- RESIDENTAIL LIVING & INCOME PRODUCING Located on approx. +/- 1.65 acers and just minutes from Virginia High School, Bristol Regional Hospital, King University, Hard Rock Casino, Downtown Bristol and other local shops and restaurants. This mobile home park is grandfathered in with the city of Bristol and offers a total of 15 lots and a 3bdr/ 1 bath residence. Overhead: - 2025 City Taxes only: $1948 - Insurance: $4500 - Utilities: Seller pays Water, but renters pay back through rent (Each site has its own water cutoff) - 15 total mobile home lots - 15 individual electric meters and the whole property is on sewer - 1 Water meter Of the 15 lots: - 8 have mobile homes. - (6 seller owned and rented at $750 per month / 2 is individually owned and just pay $350 lot rent) -7 of the 15 are lots. - Out of the 7 lots only 2 are currently being rented so 5 vacant - Lot rent is $375 Revenue 2025: $20,000.00 2024: $20,000.00 - 24 hr. notice required for showings Contact your Realtor TODAY! Aerial photo boundary lines are approximates only. Sq footage and other listing details pulled from 3rd party All information herein deemed reliable but not guaranteed. Buyer/ Buyers agent to verify all information and schedule showings thru Showing Time or call listing agent. Agents must ensure all buyers are pre-approved prior to scheduling showing. Supra box located on front porch
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $425,000 |
| No. of Units: | 16 |
| Year Built: | 1960 |
| Lot Size: | 1,218.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $26,563 |
| Property Website | Click Here |
| Number of Bedrooms: | 3 |
| Number of Bathrooms: | 1 |
ID: 3yd-TVARMLS-9998439
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