1512 Augusta Street, Lynchburg, VA 24501

$179,900 Asking Price

4 beds
2 baths
1,560  sqft
Built in 1957

True duplex with separate entrances from the main level ready to cash flow. Top unit vacant and ready for occupancy and bottom unit bringing in $900 a month. Each unit has newer kitchen cabinetry, counter tops, electric updates and appliances. Both units have two bedrooms and one full bathroom making perfect rentals. House is set up with two separate electric meters and has potential for setting up coin laundry in basement for additional income. Newer roof, soffit and gutters have been installed.

Features & Amenities

Interior

General:
Apartment,Cable Available,Main Level Bedroom,Smoke Alarm
Kitchen:
11x9 Level: Level 1 Above Grade
Appliances:
Microwave,Range-Elec,Refrigerator
Living Room:
17x11 Level: Level 1 Above Grade
Laundry:
Basement
Basement:
Exterior Entrance,Finished,Heated,Walkout
Flooring:
Carpet,Vinyl Plank
A/C:
Central Electric
Heating:
Forced Warm Air-Gas,Heat Pump

Exterior

General:
Gas Line,Side Porch
Style:
Ranch

Construction

Roofing:
Shingle
General:
One

Location

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

Lot

Zoning:
WASHINGTON HEIGHTS, BLK 1, LOT, 04911012

Utilities

Water:
City
Sewer:
City

Financial

Source:
Lynchburg

This listing courtesy of:
Cornerstone Realty Group Inc, Schyler C Higgins

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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