Price: $209,000
Beds: 1
Baths: 1
Status: Active
Property Type: Condominium
Year Built: 2005
Neighborhood: Charter Colony West
Days on Website: 0

Courtesy of EXP Realty LLC

Property Description

INVESTOR OPPORTUNITY IN THE HEART OF MIDLOTHIAN! Looking for an income-producing property with an established tenant already in place? Welcome to 604 Bristol Village Drive, Unit 306, in the desirable Bristol Village at Charter Colony community! This spacious, third-floor condo offers 1,014 square feet of comfortable living space, featuring a primary bedroom, full bathroom & versatile loft that provides flexible space for a home office, guest area or additional living space. The vaulted great room with fireplace creates an inviting atmosphere, while the open layout offers plenty of natural light. Currently tenant-occupied with $1,550 in monthly rental income ($18,600 annually) and a lease in place through June 2027! The property has a long-term tenant who has expressed an interest in potentially renewing, offering an appealing opportunity for an investor seeking an established rental rather than starting from scratch. Professionally managed & maintained, this property provides the convenience of an existing rental arrangement. Bristol Village is a rental-friendly community with no HOA rental cap, making it especially attractive to investors looking to expand their portfolio. Residents enjoy community amenities including a clubhouse, fitness center & swimming pool, along with an excellent Midlothian location convenient to shopping, dining, major commuter routes & everyday essentials. The YMCA is just a short, approximately 2-minute walk away! Whether you’re adding to an existing investment portfolio or purchasing your first rental property, this is an opportunity to acquire a professionally managed, income-producing condo in an established Chesterfield County community. Property is being sold subject to the existing lease and tenant rights. Schedule your showing & explore the investment potential of Bristol Village!

Open House

Property Details and Features

  • Bathrooms
  • Bathrooms Total Integer: 1
  • Building
  • Below Grade Finished Area: 0
  • Construction Materials: Brick,Block,VinylSiding
  • Entry Level: 3
  • Living Area Source: Assessor
  • Rooms Total: 4
  • Community
  • Community Features: CommonGroundsArea,Clubhouse,HomeOwnersAssociation,Pool
  • Exterior Features
  • Patio And Porch Features: Balcony
  • Interior Features
  • Interior Features: HighCeilings
  • Listing
  • Ownership Type: SoleProprietor
  • Ownership: Individuals
  • Unit Number: 306
  • Location
  • City Region: QUIET AND SAFE
  • County Or Parish: Chesterfield
  • Lot
  • Parcel Number: 727-70-31-93-500-146
  • Parking
  • Parking Features: Assigned
  • Possession
  • Possession: CloseOfEscrow
  • Property
  • Property Attached YN: t
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Security Features
  • Security Features: SmokeDetectors
  • Taxes
  • Tax Annual Amount: $1,719
  • Tax Assessed Value: $193,100
  • Tax Legal Description: BRISTOL VILL CONDO 306 BLDG 6
  • Tax Year: 2026

Property Map

$209,000 – 604 Bristol Village Drive Unit 306, Midlothian, VA 23114

Street View

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