Perfect fixer-upper investment property, this home was converted to rental and has several rooms that are rented. Located just a short walk from Dearington Elementary School. Home currently offers 7 rental rooms, with some of them currently occupied with tenants. There are 3 rooms on first level and 4 rooms on second level of home. Offers a huge kitchen, 1 full bath and a half bath. Home can be converted back to single family home and offers a ton of space!! Home is in need of repairs and updates, but it is a solid home with a long history of tenant occupancy. Home is nearly 2,200 SF and includes a huge vacant lot with purchase. Located on bus line. Close to grocery stores, hospital and much more!!! With some work, this home would make a great single family or investment rental property!! Seller is motivated! Make offer!!! Recent appraisal done and home appraised for $40,000!
Off market
$187,100
1561 Caroline St, Lynchburg, VA 24501
5beds
2,076sqft
SingleFamily
Built in 1880
9,147 Square Feet Lot
$187,100 Zestimate®
$90/sqft
$1,887 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Baseboard
Interior area
- Total interior livable area: 2,076 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 9,147 sqft
Details
- Parcel number: 00232006
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Metal
Condition
- Year built: 1880
Community & neighborhood
Location
- Region: Lynchburg