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11
Photos
2400 Garfield Ave, Lynchburg, VA 24501
$115,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
1,354
sqft
Built in
1900
Seize the chance to own a cash-flowing property with reliable, long-term tenants eager to stay. Currently rented at $875 per month under Section 8, this property has the potential to generate $1,150 per month as a long-term rental with the current tenants. Alternatively, you can update the property and capitalize on its prime location near three collegesperfect for attracting student renters at $600-$700 per room!
Features & Amenities
Interior
- General:
- Main Level Bedroom,Main Level Den
- Kitchen:
- 20x10 Level: Level 1 Above Grade
- Appliances:
- Range-Elec,Refrigerator
- Living Room:
- 14x14 Level: Level 1 Above Grade
- Laundry:
- Dryer Connection,Main Level,Washer Connections
- Basement:
- Crawl Space
- Flooring:
- Carpet,Hardwood,Laminate
- A/C:
- Heat Pump
- Heating:
- Heat Pump
Exterior
- General:
- Other
- Style:
- Two Story
Construction
- Roofing:
- Metal
- General:
- Two
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- Lynchburg
- School District:
- Lynchburg
- County:
- Lynchburg
Lot
- Zoning:
- SOUTH LYNCHBURG, BLK 22, LOT 25 SOUTH LYNCHBURG, BLK 22, LOT 26
Utilities
- Water:
- City
- Sewer:
- City
Financial
- Source:
- Lynchburg
This listing courtesy of:
Keller Williams, Tim Bushnell
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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