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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
17
Photos
3
beds
2
baths
1,340
sqft
Built in
1905
Investment Opportunity in Lynchburg, VA! Attention investors! This prime property, located off Rivermont Ave in Lynchburg, VA, is brimming with potential. With zoning already approved for multi-family development, or the possibility of capitalizing on the $175,000 ARV for single-family homes in this desirable neighborhood, the opportunities are endless. Contact your realtor today to learn about current rental rates in the area and discover how you can transform this property into a profitable addition to your portfolio! Don't miss out on this chance to invest in a high-demand location.
Features & Amenities
Interior
- General:
- Other
- Appliances:
- None
- Laundry:
- Dryer Connection,Washer Connections
- Basement:
- Crawl Space
- Flooring:
- Other
- A/C:
- None
- Heating:
- None
Exterior
- General:
- Other
- Style:
- Two Story
Construction
- Roofing:
- Shingle
- General:
- Two
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- Lynchburg
- School District:
- Lynchburg
- County:
- Lynchburg
Lot
- Zoning:
- CASE ENTERPRISE LLC, NEW LOT 2, 02126016
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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