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Listed by Steven D Bucklew • Blackwater Property Management and Realty

$ 749,900

Est. payment | -/mo

8 Beds

7 Baths

8,697 SqFt

Save

$ 749,900

Est. payment | -/mo

Save

8 Beds

7 Baths

8,697 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,697 sqft

Price per Sqft $86

Subdivision Boonsboro Rd Commercial Corrid

MLS Listing ID 366392

Bedrooms 8

Full Baths 6

Half Baths 1

Year Built 1904

Annual Tax Amount $5,869

Lot Size 1.138 Acres

Property Sub-Type Multi-Family

Property Description

Incredible investment opportunity in the heart of Rivermont! This historic property has been thoughtfully converted into 8 apartments and also includes 726 Riverside Drive with an accessory dwelling unit, bringing the total to 9 income-producing units. The property features updated electrical systems, individual mini-split heating and air-conditioning units, and a strong rental history that makes this an attractive addition to any investment portfolio. A grand foyer entrance welcomes residents with timeless character and charm, while the circular drive and ample off-street parking provide convenience rarely found. Located in one of the area's most desirable neighborhoods, this unique multi-unit property offers the perfect blend of historic appeal and modern updates. Don't miss this exceptional opportunity to own a proven income-producing property with outstanding long-term potential.

Location

State VA

County Lynchburg

Zoning R-4

Interior

Heating Heat Pump, Other

Cooling Heat Pump, Wall Unit(s), Zoned

Flooring Carpet, Ceramic Tile, Concrete, Vinyl, Wood Floors

Exterior

Exterior Feature Brick, Wood Siding

Utilities Available American Electric Indiv Meter/Electric

Building

Sewer City

Schools

Elementary Schools Paul Munro Elem

Middle Schools Linkhorne Midl

High Schools E. C. Glass High

School District Lynchburg

Others

Miscellaneous Bus Route,Individual Laundry,Shopping Nearby

NEARBY SCHOOL & BUSINESS

+1(434) 221-9375

laurenbellrealestate@gmail.com

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

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3024 Rivermont AVE Lynchburg, VA 24503