Address
313-371 Laxton Road Lynchburg, VA
Price
$ 1,050,000
Property Attributes
  • MLS#325071
  • TypePending
  • CountyCAMPBELL
  • CityLynchburg
  • AreaCampbell
  • Zip24502
  • StyleMulti-Family
  • Year Built1973
  • Taxes3535
  • Price$ 1,050,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.76 Acres
Listing Provided Courtesy Of:
DeWitt Real Estate & Auction
Property Description

GREAT INVESTMENT Property! 17 Units in 5 buildings across from Brookville Schools. Rental income is $10,525 per month with low monthly expenses. These units stay rented because the average rent is less than $623 per unit. 7 of the tenants have lived there more than 5 years. Excellent cash flow and return on investment. With 14,000+ square feet, the building price is less than $75 per sf. The property consists of 4 lots with 385+ ft. frontage, is zoned business, has commercial potential, and room for expansion with sewer nearby. Low Campbell County taxes.

Price History
5/20/2020 Listed $1,050,000

Exterior Features

Latitude 0.000000
Longitude 0.000000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 24502

Price
AVG $220K
$1.05M
Taxes
AVG $1,430
$3,535
Visits
AVG 28
16
Year Built
AVG 1979
1973
Walkscore
AVG 27
36
Data Provided by Walkscore ® not using MLS data

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