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.
For sale
$1,790,000
Lynchburg, VA 24501
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1903
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 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#: 359360
Originating MLS: Lynchburg Board of Realtors

Tour with a buyer's agent
Tour with a buyer's agent
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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