Great INVESTMENT Opportunity using Historical tax Credits (this means you can sell 45% of your remodel investment as tax credits because the building is Historical ) Potential of a Fabulous Multi Family Apartment /condo it would divide into 4-5 units each with Fireplaces, all the charm of an Historic home. The building would Also be an amazing Events Venue, Tavern, Boutique Hotel, Restaurant, Beer Garden. Business office or a combination . Inside capacity 200-234 plus outdoor deck and garden. 10' Tall Ceilings, doors & windows, Oversized Crown Moldings & Fireplace surrounds, Original Pine wood floors & staircases. Charming private Courtyard in back .Plenty of Parking across fifth street in Free city lot.
Sold for $302,500 on 10/27/23
$302,500
600 5th St, Lynchburg, VA 24504
--beds
0baths
5,382sqft
MultiFamily
Built in 1815
-- sqft lot
$370,400 Zestimate®
$56/sqft
$1,326 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air
Cooling
- Other
Features
- Basement: Unfinished
Interior area
- Total interior livable area: 5,382 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 6,534 sqft
Details
- Parcel number: 02422006
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Metal
Condition
- Year built: 1815
Utilities & green energy
- Sewer: City
Community & neighborhood
Location
- Region: Lynchburg
Other
Other facts
- Cooling: Window Unit(s)
- Exterior Finish (AG): Brick
- Flooring: Wood Floors
- Unit 1 Amenities: Porch, Range/Oven, Balcony/Patio, Dryer Hookup, Extra Storage, Handicapped Access, Storm Win/Doors, Washer Hookup, Fireplace, Disposal
- Water Heater: Electric
- Property Subtype 1: Multi-Family
- Property Type: Multi-Family
- Sewer: City
- Water: City
- Miscellaneous: Bus Route
- Parking: On-Street, Other
- Special Features: Historical District
- Walls: Plaster
- Heating System: Steam-Gas
- Utility - Electric: American Electric
- Internet Providers: Comcast
- Tax Map/Parcel ID: 02422006
- Legal Description: Federal Hill Blk 209