This property includes a duplex and a separate single-family home at the rear. Unit 1, on the main level of the duplex, features 3 bedrooms and 1 full bath. Unit 2, located in the basement, has 1 bedroom and 1 bathroom. The single-family home in the back offers 1 bedroom and 1 bath. Each unit has a private entrance. All units feature LVP flooring, and convey with a stove and fridge. Recent upgrades include a new roof and windows (2017), remodeled kitchens and bathrooms, fresh paint, and new heat pumps. A perfect investment opportunity!
The Epiphany @ Blue Ridge Commons is an exclusive enclave of 240 meticulously designed luxury apartment units that will blend sophistication with comfort. Construction and lease-up soon to begin. This community is strategically priced with a conservative 6% CAP Rate that comes in 5M under market value, positioning experienced investors with a huge upside and built in equity. Conveniently located near major highways and public transportation this community will also feature resort-style amenities with a luxury clubhouse, pool, and fitness center.
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The median home value in Lynchburg, VA is $221,800. This is higher than the county median home value of $197,800. The national median home value is $338,100. The average price of homes sold in Lynchburg, VA is $221,800. Approximately 42.24% of Lynchburg homes are owned, compared to 43.79% rented, while 13.97% are vacant. Lynchburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lynchburg real estate agent to arrange a tour today!
Lynchburg, Virginia 24502 has a population of 78,973. Lynchburg 24502 is less family-centric than the surrounding county with 23.09% of the households containing married families with children. The county average for households married with children is 24.2%.
The median household income in Lynchburg, Virginia 24502 is $54,015. The median household income for the surrounding county is $54,015 compared to the national median of $69,021. The median age of people living in Lynchburg 24502 is 28.6 years.
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 24.5 degrees. The average rainfall is approximately 42.2 inches per year, with 13.6 inches of snow per year.