1200 Liggates Road, Lynchburg, VA 24502 (MLS # 362720)

Price $1,200,000
Status Active
Beds 0
Baths 0 Bath
Home size 10,692 sqft
Lot Size 22,869 sqft
Days on Market 11
Discover a prime investment opportunity in Lynchburg! This is a well-maintained, brick, two-story walk-up with basement. It is conveniently located at 1200 Liggates Rd and features two buildings, 12 residential units and generating positive cash flow at full occupancy. Recent upgrades: 75% of units have been renovated since 2023, to include updated flooring, paint, cabinets & counters as needed, new windows, new heat pumps, new roof; shared common areas renovated (2025); Shared Laundry in basement that is coin operated for extra income! Ample parking, and centrally located in Lynchburg! Close to Liberty University, restaurants, shopping and local amenities, it's positioned for strong returns - act now to secure this opportunity!
Property Type(s): Multi Family
Last Updated 10/29/2025 Tract Commercial Misc
Year Built 1962 County Lynchburg

SCHOOLS

School District Lynchburg
Elementary School Sheffield Elem
Jr. High School PL Dunbar Midl
High School E. C. Glass High

Additional Details

AIR CONDITIONING Yes
APPLIANCES Electric Water Heater
CONSTRUCTION Brick
HEAT Heat Pump
LOT 0.525 acre(s)
PARKING Parking Lot, Off Street, Paved
SEWER Public Sewer
SUBDIVISION Commercial Misc
TAXES 5465
WATER Public

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Steven Conner to contact you even if your name is on a Federal or State "Do not call List".

Listed with Mark A. Dalton & Co., Inc.
Listing information is deemed reliable, but not guaranteed.

This IDX solution is (c) Diverse Solutions 2025.

Email a Friend

Reset password

Enter your email address and we will send you a link to change your password.

Powered by Estatik