1200 Liggates RD, Lynchburg, VA 24502
1200 Liggates RD, Lynchburg, VA 24502
1200 Liggates RD, Lynchburg, VA 24502
1200 Liggates RD, Lynchburg, VA 24502
1200 Liggates RD, Lynchburg, VA 24502
1200 Liggates RD, Lynchburg, VA 24502
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Listed by Callie Reyes • Mark A. Dalton & Co., Inc.
$ 1,050,000
Est. payment | /mo

3 Beds

2 Baths

10,692 SqFt

Save
$ 1,050,000
Est. payment | /mo
Save

3 Beds

2 Baths

10,692 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 10,692 sqft

Price per Sqft $98

Subdivision Commercial Misc

MLS Listing ID 362720

Bedrooms 3

Full Baths 2

Year Built 1962

Annual Tax Amount $5,465

Lot Size 0.525 Acres

Property Sub-Type Multi-Family

Property Description

Discover a prime investment opportunity in Lynchburg! This is a well-maintained, brick, two-story walk-up with basement. It is conveniently located at 1200 Liggates Rd and features two buildings, 12 residential units and generating positive cash flow at full occupancy. Recent upgrades: 75% of units have been renovated since 2023, to include updated flooring, paint, cabinets & counters as needed, new windows, new heat pumps, new roof; shared common areas renovated (2025); Shared Laundry in basement that is coin operated for extra income! Ample parking, and centrally located in Lynchburg! Close to Liberty University, restaurants, shopping and local amenities, it's positioned for strong returns - act now to secure this opportunity!

Location

State VA

County Lynchburg

Zoning R4

Interior

Heating Heat Pump

Cooling Heat Pump

Flooring Vinyl

Exterior

Exterior Feature Brick

Utilities Available American Electric Indiv Meter/Electric

Building

Sewer City

Schools

Elementary Schools Sheffield Elem

Middle Schools Pl Dunbar Midl

High Schools E. C. Glass High

School District Lynchburg

Others

Miscellaneous Common Laundry

NEARBY SCHOOL & BUSINESS
Lauren Bell

+1(434) 221-9375

laurenbellrealestate@gmail.com

4109 Boonsboro Road, Lynchburg, VA, 24503, United States

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1200 Liggates RD