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Listed by Matt G Durand • Mark A. Dalton & Co., Inc.
$239,900
Est. payment /mo
4 Beds
2 Baths
1,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $133
Subdivision Bedford Ave
MLS Listing ID 369352
Bedrooms 4
Full Baths 2
Year Built 1975
Annual Tax Amount $1,305
Lot Size 7,209 Sqft
Property Sub-Type Multi-Family
Property Description
Turnkey Cash Flow Producing Rental Property conveniently located in the developing Bedford Avenue corridor in Lynchburg's 24503 zip code. This solid low maintenance property is producing an annual gross revenue of $26,400 ($2,200 / mo.), fully occupied with tenants on newer 1 year leases. Both units were fully renovated ~2013, including HVAC, flooring, appliances, replacement windows, cabinets, bathrooms, water heaters, new sheet rock, and added spray foam insulation for extra energy efficiency. Both units have 2 parking spaces. The property is tucked away at the end of Ozone St. and is convenient to Randolph College, downtown Lynchburg, and Boonsboro. Separate electric meters. One water meter and water is included in tenants rent. All appliances included, even washers/dryers. *Seller will install a NEW ROOF on the property prior to closing with an acceptable offer!*
Location
State VA
County Lynchburg
Zoning R-3
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Ceramic Tile, Laminate
Exterior
Exterior Feature Block
Utilities Available American Electric Indiv Meter/Electric
Building
Foundation 1800.00
Sewer City
Schools
Elementary Schools Bedford Hills Elem
Middle Schools Linkhorne Midl
High Schools E. C. Glass High
School District Lynchburg
Others
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