Lynchburg, VA 24503,50 W Princeton CIR
Lynchburg, VA 24503,50 W Princeton CIR
Lynchburg, VA 24503,50 W Princeton CIR
Lynchburg, VA 24503,50 W Princeton CIR
Lynchburg, VA 24503,50 W Princeton CIR
Lynchburg, VA 24503,50 W Princeton CIR
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Listed by Mason Kiffmeyer • LPT Realty, Inc
Bought with Jordan Smith • Keeton & Co Real Estate

$299,000

$299,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Beds

2 Baths

1,008 SqFt


SOLD DATE : 12/16/2024

Key Details

Sold Price $299,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,008 sqft

Price per Sqft $296

Subdivision Randolph College Area

MLS Listing ID 355526

Sold Date 12/16/24

Bedrooms 4

Full Baths 2

Year Built 1960

Annual Tax Amount $881

Lot Size 0.313 Acres

Property Sub-Type Multi-Family

Property Description

Turnkey duplex investment opportunity with high-income potential! This fully remodeled property, tucked away off Rivermont Ave, is perfect for short-term rentals, with projected gross monthly income of $4,300 to $6,000 from a local property management company. The bottom unit offers 3 bedrooms & 1 bathroom, while the top unit is a 1 bedroom, 1 bathroom space. Both units feature modern, thoughtfully designed interiors with brand-new kitchens, custom tile bathrooms, updated electrical and plumbing, a new roof, heat pump and mini-split units, and new water heaters, ensuring minimal future maintenance costs. The units exude charm with stylish finishes, including open shelving in the kitchens, LVP flooring, & inviting spaces under dormer windows in the upper unit. Located near hospitals, Randolph College, and Downtown Lynchburg, this property is ideally situated for short-term guests. Don't miss this unique, income-generating opportunity!

Location

State VA

County Lynchburg

Interior

Heating Heat Pump, Other

Cooling Heat Pump, Other

Flooring Other

Exterior

Utilities Available 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

Acceptable Financing Conventional

Listing Terms Conventional

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+1(434) 221-9375

laurenbellrealestate@gmail.com

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

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