Located in the heart of downtown Lynchburg, 1609 Rivermont Ave is a rare gem, offering both timeless character and modern cashflow potential. This beautifully restored historic property has been converted into a fully occupied triplex, making it an ideal addition to any investor's portfolio. Each unit is currently leased, ensuring immediate income and long-term stability. With its prime location on the iconic Rivermont Avenue, tenants enjoy proximity to vibrant shops, dining, and entertainment, making this a highly desirable rental property. Don't miss your chance to own a piece of Lynchburg's history while enjoying consistent returns. Schedule a showing today and experience firsthand the potential of 1609 Rivermont Ave.
Brand new duplex for sale, convenient to downtown and Liberty University. Granite counter tops, heat pumps, private decks, two parking spaces for each unit, and so much more. Each unit has their own electric and water meters. Each unit is estimated to rent for $1,600 month. Putting on the finishing touches, will be ready for occupancy by November 1, 2024. (This listing can be purchased as part of a package deal which would include the house next door (2224 Duke St. and 2232 Duke St., also a new duplex)
ATTENTION investors! Situated just off Fort Ave, with a full basement apartment, this home offers a great opportunity very close to Liberty University, the University of Lynchburg, local hospitals, and Wards shopping. Upstairs tenant has continuing lease, and downstairs is currently vacant. Live in the apartment, and have the rent upstairs as income to meet much of the mortgage. This solid ranch has a great yard, and is located at the end of the street with no through traffic. Upstairs and downstairs units have a full baths, kitchens, living rooms, laundry, additional storage areas, and fresher paint. Upstairs also has updated flooring and ceiling fans. Don't let this one slip by.
Time to get a contract on an investment property in the desirable Rivermont area near Randolph College! Schedule a showing to see this 4-plex with a very successful rental history. This is a great option for new or experienced investors to jump in the market.All units have separate electric meters and the house gas boiler was fine-tuned recently. Units 1 & 2 have mini-splits to provide air conditioning.
Attention Investors! This package includes 11 properties with a mix of single homes, duplexes and triplexes. Start your investment portfolio today! Units 1-2 show details for 1305 Ashbourne Dr, Units 3-4 show details for 153 Greystone Dr., and Units 5-6 show details for 297-299 Ragland Rd. Photos of all properties included are shown. Contact agent for info on all properties included.
The Epiphany @ Blue Ridge Commons is an exclusive enclave of 240 meticulously designed luxury apartment units that will blend sophistication with comfort. Construction and lease-up soon to begin. This community is strategically priced with a conservative 6% CAP Rate that comes in 5M under market value, positioning experienced investors with a huge upside and built in equity. Conveniently located near major highways and public transportation this community will also feature resort-style amenities with a luxury clubhouse, pool, and fitness center.
Great Duplex - Lower unit rented so please give notice for showing. Each unit 2 bedrooms, bath, living room, and kitchen. Individual heat pump and washer/dryer connections. Both units are in great shape. Upstairs unit recently vacated by long term tenant and has been cleaned and fresh painted. Off street parking available for lower level. Solid investment opportunity.
Four Properties For Sale, 3104, 3124 & 3134 Campbell Ave and 2052 Hughes Ave. Great opportunity for multi family with R3 Zoning. Also great business rezoning opportunity with corner lot and high traffic count. Mini Split HVAC system added.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange ("IDX") program of the Lynchburg Association of REALTORS. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2024 Lynchburg Association of Realtors. All rights reserved.
Lynchburg is located in Virginia. Lynchburg, Virginia has a population of 79,237. Lynchburg is less family-centric than the surrounding county with 24.45% of the households containing married families with children. The county average for households married with children is 24.45%.
The median household income in Lynchburg, Virginia is $41,971. The median household income for the surrounding county is $41,971 compared to the national median of $57,652. The median age of people living in Lynchburg is 28.3 years.
The average high temperature in July is 86 degrees, with an average low temperature in January of 24.5 degrees. The average rainfall is approximately 44.3 inches per year, with 13.3 inches of snow per year.