Turnkey Cash Flow Producing Rental Property conveniently located in the developing Bedford Avenue corridor in Lynchburg's 24503 zip code. This solid low maintenance property is producing an annual gross revenue of $26,400 ($2,200 / mo.), fully occupied with tenants on newer 1 year leases. Both units were fully renovated ~2013, including HVAC, flooring, appliances, replacement windows, cabinets, bathrooms, water heaters, new sheet rock, and added spray foam insulation for extra energy efficiency. Both units have 2 parking spaces. The property is tucked away at the end of Ozone St. and is convenient to Randolph College, downtown Lynchburg, and Boonsboro. Separate electric meters. One water meter and water is included in tenants rent. All appliances included, even washers/dryers. *Seller will install a NEW ROOF on the property prior to closing with an acceptable offer!*
Property Type(s):
Multi Family
|
Last Updated |
9/24/2026 |
Tract |
Bedford Ave |
|---|
|
Year Built |
1975 |
County |
Lynchburg |
|---|
SCHOOLS
| School District | Lynchburg |
|---|
| Elementary School | Bedford Hills Elem |
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| Jr. High School | Linkhorne Midl |
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| High School | E. C. Glass High |
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Additional Details
| AIR CONDITIONING | Yes |
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| APPLIANCES | Electric Water Heater |
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| CONSTRUCTION | Block |
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| HEAT | Heat Pump |
|---|
| LOT | 7209 sq ft |
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| PARKING | Off Street |
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| SEWER | Public Sewer |
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| SUBDIVISION | Bedford Ave |
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| TAXES | 1305 |
|---|
| WATER | Public |
|---|
Location
Listed with Mark A. Dalton & Co., Inc.
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
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