301 Walnut Street, Lynchburg, VA 24504

$189,000 Asking Price

4 beds
3 baths
1,977  sqft
Built in 1905

Charming Multi-Unit Home with Modern Upgrades - Ideal for Investors or Owner-Occupants! Welcome to 301 Walnut St, a beautifully updated multi-unit property perfect for those seeking a combination of comfort, style, and income potential. The main unit is a spacious 4-bedroom, 1.5-bath home featuring stunning granite countertops, durable LVP flooring throughout, and the efficiency of a modern heat pump. Enjoy the outdoors from the covered front porch, while the home's roof, less than 5 years old, and low-maintenance vinyl siding provide long-lasting peace of mind. Below the main home (but not below grade) is a 350 sq ft studio apartment, complete with a mini-split system for energy-efficient heating and cooling. Both units are serviced by separate 200-amp electrical systems with disconnects, ensuring convenience and independence for both living spaces. The studio was constructed with an approved building permit, adding an extra layer of assurance. With its combination of modern amenities


Features & Amenities

Interior

General:
Apartment,Cable Available,Ceiling Fan(s),Main Level Bedroom
Kitchen:
10x13 Level: Level 1 Above Grade
Appliances:
Dryer,Range-Elec,Refrigerator,Washer
Living Room:
14x14 Level: Level 1 Above Grade
Laundry:
Basement,Main Level
Basement:
Apartment,Exterior Entrance,Finished,Heated,Partial,Walkout
Flooring:
Hardwood,Tile,Vinyl Plank
A/C:
Heat Pump
Heating:
Heat Pump,Ductless Mini-Split

Exterior

General:
Front Porch,Garden Space
Style:
Two Story

Construction

Roofing:
Shingle
General:
Two

Location

HOA Amenities:
0.0
Originating MLS:
Lynchburg
School District:
Lynchburg
County:
Lynchburg

Lot

Zoning:
DAVIS ADD, BLK D 21, PT LOT 1, 02541007

Utilities

Utilities:
AEP/Appalachian Powr
Water:
City
Sewer:
City

Financial

Source:
Lynchburg

This listing courtesy of:
Keller Williams, Teresa Grant

About Lynchburg, VA

Housing

Number of Units
45,209
Median Home Value
$179,150
Median Rent
$740

46.22% of housing units are renter occupied.

9.49% are vacant.

Commute

Car
74.63%
Public Transportation
1.71%
Walk to Work
3.20%
Work from Home
19.08%
Other
1.24%

The median travel time to work is 16 minutes.

People

Population
104,822
Median Age
33.80
Median Household Size
2.55

Education

High School
24.81%
Associate’s Degree
7.92%
Bachelor’s Degree
21.47%
Graduate Degree
15.15%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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