A Charming Historic Home Ready for a New Chapter in Virginia
Imagine restoring a historic property filled with original character and transforming it into a beautiful home or a promising real estate investment. Located at 401 Vernon Street in Bristol, Virginia, this distinctive property is listed for just $64,800 and offers a rare opportunity for buyers who recognize the potential of an older home with generous interior space, classic architectural details, and multiple possibilities for renovation.
Originally built in 1941, the home offers approximately 2,414 square feet of finished living space, with four bedrooms and two full bathrooms. Set on a corner lot measuring approximately 4,791 square feet, the property combines traditional charm with a layout that could be reimagined to meet a variety of needs. While it requires significant renovation, its size and original features provide an interesting starting point for someone willing to invest time, planning, and creativity.
The house was originally designed as a single-family residence before being converted into three separate apartments. The upstairs two-bedroom apartment remains intact according to the listing, while the main level offers an opportunity for renovation and redesign. This existing configuration may appeal to buyers considering a return to a spacious single-family home, a multi-unit arrangement, or another permitted investment strategy.
Inside, the property retains details that reflect its earlier craftsmanship. Walnut trim and original wood flooring contribute warmth and character, offering a glimpse of the home’s historic appearance. Rather than starting with a completely modern structure, the next owner has an opportunity to preserve selected architectural elements while updating the interior to create a more comfortable and functional living environment.
Two fireplaces add another distinctive feature to the home. These traditional focal points could become attractive design elements as part of a future restoration, subject to inspection and confirmation that they can be safely used. Combined with the wood floors and classic trim, they help give the property a character that can be difficult to replicate in newer construction.
The main level includes a kitchen, dining area, family room, living room, and bedroom space. The existing layout offers several possibilities for reorganizing the interior, depending on the intended use and the scope of the renovation. According to the owner, the main level is also plumbed for an additional full bathroom, potentially offering more flexibility for a future floor plan. The existing plumbing and any proposed changes should be inspected by qualified professionals before renovation begins.
The upper-level apartment provides another opportunity for buyers interested in retaining a separate living area. The listing describes the apartment as having its own heating and cooling through a mini-split system, while the main level uses pellet-wood heating. The home has also been described as having three electric meters, which may be relevant to buyers exploring a multi-unit configuration. Any continued apartment use would need to comply with local zoning, building codes, fire-safety requirements, and other applicable regulations.
Outside, a covered wraparound porch adds traditional curb appeal and creates space to sit outdoors while enjoying the surrounding neighborhood. The corner lot features mature trees that contribute to the property’s established setting. An additional outbuilding offers storage potential for tools, supplies, or equipment, subject to its condition and permitted use.
The home’s metal-shingle roof remains in place across most of the structure, according to the listing. Buyers should still arrange a thorough inspection of the roof, exterior, foundation, plumbing, electrical systems, heating equipment, and other major components. The property is reported to be in poor interior and exterior condition, so a realistic renovation budget is essential before making a purchase decision.
The location is another feature worth considering. Situated in Bristol, Virginia, the property is within walking distance of the Tennessee state line, offering access to two neighboring states and the wider Tri-Cities region. The surrounding area provides access to local shops, restaurants, everyday services, and regional attractions, making the property worth exploring for buyers who want a renovation project in an established community rather than an isolated rural location.
At an asking price of $64,800, this property may attract investors, restoration enthusiasts, and buyers looking for a substantial home at a lower initial purchase price. Its four-bedroom layout, two fireplaces, historic woodwork, covered porch, and former apartment configuration offer several possibilities, but the final outcome will depend on the property’s condition, renovation expenses, and the uses permitted by local authorities.
For the right buyer, this is an opportunity to bring new life to a home with a long history. Whether the goal is to restore its original residential character, explore a permitted multi-unit arrangement, or undertake a long-term renovation project, 401 Vernon Street offers space, character, and potential for someone prepared to take on the work.
PROPERTY DETAILS
Location: 401 Vernon Street, Bristol, Virginia 24201
Asking Price: $64,800
Property Type: Historic Residential Property
Bedrooms: 4
Bathrooms: 2 full bathrooms
Interior Living Space: Approximately 2,414 square feet
Lot Size: Approximately 4,791 square feet
Year Built: 1941
Architectural Style: Cape Cod
Interior Features: Walnut trim, wood flooring, two fireplaces, kitchen, dining room, living room, family room, and basement
Exterior Features: Covered wraparound porch, deck, mature trees, corner lot, and additional storage outbuilding
Heating and Cooling: Pellet-wood heating on the main level and a mini-split system in the apartment, according to the listing
Utilities: Public water and public sewer
Additional Potential: Renovation as a single-family residence or continued multi-unit use, subject to applicable approvals
Property Condition: Significant interior and exterior renovation needed
Important Note: Buyers should verify the current listing price, property condition, apartment configuration, utility arrangements, zoning, and renovation requirements with the listing agent and relevant local authorities before purchasing.
listed on zillow
