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.
Property Type(s):
Multi Family
Last Updated
|
5/21/2025
|
Tract
|
Commercial Misc
|
Year Built
|
1903
|
County
|
Lynchburg
|
SCHOOLS
School District |
Lynchburg |
Elementary School |
RS Payne Elem |
Jr. High School |
Linkhorne Midl |
High School |
E. C. Glass High |
Additional Details
AIR |
Window Unit(s) |
AIR CONDITIONING |
Yes |
APPLIANCES |
Electric Water Heater |
CONSTRUCTION |
Masonite, Vinyl Siding |
HEAT |
Baseboard, Forced Air, Heat Pump, Hot Water, Space Heater |
LOT |
2831 sq ft |
SEWER |
Public Sewer |
SUBDIVISION |
Commercial Misc |
TAXES |
506 |
WATER |
Public |
ZONING |
B-5 |
Location
Listed with Keller Williams
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.