💵 🌊CASHFLOWING RENTAL IN LYNCHBURG VA💵 🌊

Lynchburg, Lynchburg, VA, 24501
Sold
Listed at: December 12th, 2023
Price
$42,500
ARV
$100,000
Gross Margin
$57,500
Sq. Footage
1222
Type
Single-Family
Parking
On street
Year build
1908
Lot size
0.09 acres
Bedrooms
2
Bathrooms
2
Half Bathrooms
0
Summary

Calling all investors! This 2/2 home in the heart of Lynchburg is the perfect opportunity to fix/flip or keep as a RENTAL and create a valuable asset.

Some key features:

Currently Rented at $800 month to month (not on a lease) but can be vacant at the time of closing.

-2 bedrooms and 2 bathroom

- Sq Ft. 1,200

-ARV $100-110,000

-Estimated Rental income-$1,000

-Window unit AC

Needs some TLC from the tenants

I ESTIMATE THE PROPERTY NEEDING ABOUT $15k in work.

SHOWING BY APPOINTMENT

BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY. YOU MUST VERIFY ALL

INFORMATION PROVIDED INDEPENDENTLY.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Seth Redman

★★★★★
★★★★★
No reviews

Disposition manager