1513 Polk Street, Lynchburg, VA 24504 (MLS # 363704)

Price $179,900
Status Active
Beds 0
Baths 0 Bath
Home size 2,160 sqft
Lot Size 6,360 sqft
Days on Market 12
This fully leased triplex presents a strong investment opportunity with immediate cash flow in place. The property consists of three units that are all currently occupied. Unit rents are well staggered, offering built-in income diversity and stability. Major capital improvements have already been completed, including a new 20-year architectural shingle roof on both the front and rear sections of the building, along with brand-new gutters and downspouts. The foundation has been professionally addressed with repointing and new footers added in select areas. Unit #3 features a fully renovated bathroom and a new mini-split system installed in 2025, adding modern comfort and efficiency. 100% Leased Unit #1 $510; Unit #2 $685; Unit #3 $750;Gross Rent $1,945. Come check this property out today!
Property Type(s): Multi Family
Last Updated 12/30/2025 Year Built 1855
County Lynchburg

SCHOOLS

School District Lynchburg
Elementary School Sandusky Elem
Jr. High School Sandusky Midl
High School Heritage High

Additional Details

LOT 6360 sq ft
PARKING Off Street, Paved
SEWER Public Sewer
TAXES 927
WATER Public

Location

 

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Listed with Keller Williams
Listing information is deemed reliable, but not guaranteed.

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