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Listed by Susan E Murray • Epique Inc
$ 185,000
Est. payment /mo
New
840 Old Forest RD Lynchburg, VA 24501
5 Beds
2 Baths
1,180 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,180 sqft
Price per Sqft $156
Subdivision West Lynchburg
MLS Listing ID 369094
Bedrooms 5
Full Baths 2
Year Built 1962
Annual Tax Amount $1,173
Lot Size 0.440 Acres
Property Sub-Type Multi-Family
Property Description
Rare Turnkey Duplex Opportunity on a 0.44-Acre Double Lot: 3 Bed/1 Bath Upstairs + Framed 2 Bed/1 Bath Downstairs! Perfect for house-hackers or investors. The upper level is move-in ready with 3 bedrooms, 1 bath, mini-split HVAC, updated flooring, refrigerator, and in-unit washer/dryer. Enjoy a bright, spacious living room and back deck overlooking Blackwater Creek. Massive Built-In Equity: Walkout lower level is fully framed for a complete 2-bed, 1-bath unit with its own separate electric meter and rough plumbing done. Finish drywall and fixtures to unlock an immediate second rental stream. Conveys two adjacent parcels (840 & 844 Old Forest Rd) totaling ~0.44 acres with off-street parking. Minutes from University of Lynchburg. Sold strictly As-Is; priced for immediate sweat equity!
Location
State VA
County Lynchburg
Zoning R-2
Interior
Heating Electric Baseboard, Wall/Space Unit
Cooling Wall Unit(s)
Flooring Laminate
Exterior
Exterior Feature Aluminum Siding
Utilities Available American Electric
Building
Foundation 1180.00
Sewer City
Schools
Elementary Schools Dearington Elem
Middle Schools Pl Dunbar Midl
High Schools E. C. Glass High
School District Lynchburg
