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Listed by Susan E Murray • Epique Inc
$ 169,900
Est. payment /mo
Active
840 Old Forest RD Lynchburg, VA 24501
5 Beds
2 Baths
1,180 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,180 sqft
Price per Sqft $143
Subdivision West Lynchburg
MLS Listing ID 369094
Bedrooms 5
Full Baths 2
Year Built 1962
Annual Tax Amount $1,173
Lot Size 0.440 Acres
Property Sub-Type Multi-Family
Property Description
High-Upside Duplex Opportunity on a 0.44-Acre Double Lot: Move-In Ready 3 Bed/1 Bath Upstairs + Framed 2 Bed/1 Bath Walkout Downstairs! Perfect for house-hackers or investors seeking immediate living upstairs with built-in equity downstairs. Upper level is move-in ready with mini-split HVAC, updated flooring, refrigerator, in-unit laundry, and private deck overlooking Blackwater Creek. Value-Add Lower Level: Walkout basement is fully framed for a 2-bed, 1-bath unit with separate electric meter installed and rough plumbing completed. Finish drywall and fixtures to unlock an immediate second rental stream. Conveys two adjacent parcels (840 & 844 Old Forest Rd) with off-street parking. Minutes from University of Lynchburg. Sold strictly As-Is; priced for immediate sweat equity!
Location
State VA
County Lynchburg
Zoning R-2
Interior
Heating Electric Baseboard, Wall/Space Unit
Cooling Wall Unit(s)
Flooring Laminate
Exterior
Exterior Feature Aluminum Siding
Utilities Available American Electric
Building
Foundation 1180.00
Sewer City
Schools
Elementary Schools Dearington Elem
Middle Schools Pl Dunbar Midl
High Schools E. C. Glass High
School District Lynchburg
Nearby Locations
