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For sale
  • $1,790,000

     Lynchburg, VA 24501

    --beds
    --baths
    --sqft
    : 
    Multi Family
    Built in 1903
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Unlock the potential of this exceptional real estate portfolio featuring a total of 14 doors, including multi-family, commercial, and single-family homes. With multiple years remaining on the tax abatement program, you'll enjoy higher-than-normal cash flow. Almost all single-family homes have been updated within the last three years but several units present excellent opportunity for further upgrades, increasing your return on investment. All units are currently occupied, most are long-term tenants with housing vouchers ensuring guaranteed consistent income. An amazing opportunity for experienced savvy investors.
    82 days
    on Zillow
    |
    106
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 22, 2025 at 06:10am

    Listed by:

    Jamey Parks 434-444-3374 jparks2004@yahoo.com,

    Keller Williams

    Source: LMLS,MLS#: 359360MLS LogoOriginating MLS: Lynchburg Board of Realtors

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of (Undisclosed Address).

    Next available tour time:Today at 4pm

    Facts & features

    Interior

    Heating
    • Electric Baseboard, Forced Warm Air-Gas, Heat Pump, Hot Water-Elec, Hot Water-Gas, Wall/Space Unit
    Cooling
    • Heat Pump, Window Unit(s)
    Appliances
    • Included: Electric Water Heater, Gas Water Heater
    • Laundry: Individual Laundry
    Features
    • Flooring: Carpet, Ceramic Tile, Vinyl, Wood Floors
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: Garage-Single, Off Street, On Street, Unpaved Drive, Other
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Lot
    • Size: 2,831.4 Square Feet
    Details
    • Foundation area: 0
    • Parcel number: 01046009
    • Zoning: B-5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Drywall, Paneling, Plaster, Aluminum Siding, Masonite, Vinyl Siding
    Condition
    • Year built: 1903

    Utilities & green energy

    • Electric: American Electric, Indiv Meter/Electric
    • Gas: Individual Meter/Gas
    • Sewer: City
    • Water: City, Indiv Meter/Water

    Community & HOA

    Community
    • Features: Near Public Transport, Shopping Nearby
    • Subdivision: Commercial Misc
    Location
    • Region: Lynchburg

    Financial & listing details

    • Annual tax amount: $506
    • Date on market: 5/22/2025
    • Lease term: 12 Months,Month To Month
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