Sold for $150,000

$150,000

1741 Shaffer St #1743, Lynchburg, VA 24501

--beds

1,420sqft

Multi Family

Built in 1946

-- sqft lot

$185,100 Zestimate^®

$106/sqft

$1,065 Estimated rent

Home value

$185,100

$168,000 - $204,000

$1,065/mo

Zestimate^® history

Owner options

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$1,065/mo

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$1,065/mo

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$938/mo

Est. payment

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$938/mo

Est. payment

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What's special

Lynchburg stadium areaMultiple interstate routesEasy access to luNew roofGrocery storesVinyl siding

Excellent duplex rental property located in Lynchburg Stadium area, with very long term tenants who have been there for over 6 years, & would like to stay. Each unit offers 2BR/1BA. Currently tenants each pay $525, but you can easily get more monthly rent. Some of the home features include new roof, vinyl siding, off-street parking around the back & recently painted. Located literally just off Lynchburg Expressway with easy access to LU, the mall, multiple interstate routes, restaurants, grocery stores, & so much more! Don't miss out on this opportunity to own a steady cash flowing rental property in the heart of the city.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 2
Full bathrooms: 2

Heating

Wall/Space Unit

Cooling

Window Unit(s)

Appliances

Included: Gas Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Laundry: Individual Laundry, Unit 1(Dryer Hookup, Washer Hookup), Unit 2(Dryer Hookup, Washer Hookup)

Features

Unit 1 Extra Storage, Unit 2 Extra Storage
Flooring: Vinyl, Wood Floors
Has fireplace: Yes

Interior area

Total structure area: 1,420
Total interior livable area: 1,420 sqft

Property

Parking

Parking features: Off Street, On Street, Unpaved Drive
Has uncovered spaces: Yes

Features

Patio & porch: Unit 1(Porch), Unit 2(Porch)

Lot

Size: 9,347 Square Feet

Details

Foundation area: 0
Parcel number: 02736013
Zoning: R-3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Drywall, Vinyl Siding

Condition

Year built: 1946

Utilities & green energy

Electric: American Electric, Indiv Meter/Electric
Gas: Individual Meter/Gas
Sewer: City
Water: City
Utilities for property: Unit 1 Cable TV, Unit 2 Cable TV

Community & HOA

Community

Features: Shopping Nearby
Security: Unit 1 Smoke Alarm, Unit 2 Smoke Alarm
Subdivision: Cotton Hill

Location

Region: Lynchburg

Financial & listing details

Price per square foot: $106/sqft
Annual tax amount: $698
Date on market: 8/28/2023
Cumulative days on market: 3 days
Lease term: Month To Month

Price history

Date	Event	Price
9/29/2023	Sold	$150,000$106/sqft
Source: LMLS #347886 Report a problem
8/31/2023	Pending sale	$150,000+7.1%$106/sqft
Source: LMLS #347886 Report a problem
8/27/2023	Price change	$140,000-3.4%$99/sqft
Source: LMLS #347886 Report a problem
8/6/2023	Pending sale	$145,000+93.3%$102/sqft
Source: LMLS #345638 Report a problem
5/30/2019	Sold	$75,000+38.9%$53/sqft
Source: LMLS #317338 Report a problem
8/5/2013	Sold	$54,000$38/sqft
Source: LMLS #274893 Report a problem