Bought with Travis Hundt • Cornerstone Realty Group Inc
$185,698
$189,900
2.2%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
5 Baths
2,900 SqFt
SOLD DATE : 11/30/2023
Key Details
Sold Price $185,698
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,900 sqft
Price per Sqft $64
Subdivision Rivermont
MLS Listing ID 348593
Sold Date 11/30/23
Bedrooms 5
Full Baths 5
Year Built 1906
Annual Tax Amount $926
Lot Size 5,841 Sqft
Property Sub-Type Multi-Family
Property Description
Great investment property. Potential for a very good cash flow. Solid 2-3 unit rental with off street parking. Basement area has been converted to a one bedroom unit. Projected rents are $1300 unit A, $1300 unit B, $700 unit C. All rents include electric, water, sewer and trash. One of the 2 heat pumps have been replaced with in the last year. Close to bus route, restaurant's, shopping, downtown etc.
Location
State VA
County Lynchburg
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Carpet, Concrete, Wood Floors
Exterior
Exterior Feature Vinyl Siding, Other
Utilities Available American Electric
Building
Sewer County
Schools
Elementary Schools Bedford Hills Elem
Middle Schools Linkhorne Midl
High Schools E. C. Glass High
School District Lynchburg
Others
Acceptable Financing Conventional
Listing Terms Conventional
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4109 Boonsboro Road, Lynchburg, VA, 24503, United States