1007 Piedmont Street, Bedford, VA 24523

$379,900 Asking Price

5 beds
2 baths
1,530  sqft
Built in 1957

Attention Investors! Amazing opportunity to own 2 Cash Flowing units in the Heart of Bedford. Both homes were completely renovated 100% in 2020. All new electrical, metal roof, plumbing, New HVAC, flooring, paint, Kitchens, baths, appliances. Currently occupied with long term renters who will renew through July of 2025. Gross Annual Rents roughly $23,000. Tenants responsible for lawn and ultilites. This is a turnkey opportunity to add 2 maintenance free units to your rental portfolio! Possibilities to subdivide through Bedford Planning and Zoning


Features & Amenities

Interior

General:
Cable Available,Ceiling Fan(s),Main Level Bedroom,Pantry
Kitchen:
12x15 Level: Level 1 Above Grade
Appliances:
Dishwasher,Range-Elec,Refrigerator
Living Room:
12x12 Level: Level 1 Above Grade
Laundry:
Main Level
Basement:
Crawl Space
Flooring:
Vinyl Plank
A/C:
Heat Pump
Heating:
Heat Pump

Exterior

General:
Deck,Patio,Garden Space,Landscaped
Style:
Ranch

Construction

Roofing:
Metal
General:
One

Location

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

Lot

Zoning:
WITT ADD LOT 29, 80503093

Utilities

Water:
County
Sewer:
County

Financial

Source:
Lynchburg

This listing courtesy of:
Alliance Realty Group, Chris Stokes

About Bedford, VA

Housing

Number of Units
9,273
Median Home Value
$180,487
Median Rent
$583

23.21% of housing units are renter occupied.

9.37% are vacant.

Commute

Car
85.35%
Public Transportation
0.02%
Walk to Work
1.33%
Work from Home
12.79%
Other
0.48%

The median travel time to work is 24 minutes.

People

Population
18,970
Median Age
43.80
Median Household Size
2.77

Education

High School
34.77%
Associate’s Degree
8.27%
Bachelor’s Degree
15.15%
Graduate Degree
6.76%

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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