Attention 1st Time Homebuyers! Recognize the Smart Investment "Move" to own this triplex for a lower monthly payment than a $200,000 home by using the 2 other apartments rents to offset your 3.5% down FHA mortgage! Built in 1918, this building is spacious and full of character including gorgeous hardwood floors, soaring ceilings, picture-rail moldings, huge bedrooms & ample storage! Each unit has a full tub/shower and a comfortable Trane heat pump. The 24' front porch offers curb appeal & lovely evenings outside! The downstairs apartment spans 1298 sf and has 3 bedrooms/1 bath. Upstairs, Apt B has 2 bedrooms/1 bath. Apt C has 1 bedroom/1 bath and the most storage! Owner pays gas to heat the water, water, insurance. Easy maintenance includes vinyl siding, a new roof in 2024, new sewer line to the street, new separate electric panels. When it is time for you to move on, keeping this building will pay dividends for years to come! The seller is helping with $5000 towards closing costs!
84 days
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198
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10
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Zillow last checked:
Listing updated:
Listed by:
Susan E. Murray434-420-4240SusanEMurrayRealtor@gmail.com,
Epique Realty512-387-0722
Source: LMLS,MLS#: 366565Originating MLS: Lynchburg Board of Realtors
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3
Heating
Heat Pump
Cooling
Heat Pump
Appliances
Included: Gas Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator)
Laundry: Common Area, Unit 6(Dryer Hookup, Washer Hookup)
Features
Unit 1 Extra Storage, Unit 3 Extra Storage
Flooring: Vinyl, Wood Floors
Doors: Unit 1 Storm Windows/Doors, Unit 2 Storm Windows/Doors, Unit 3 Storm Windows/Doors
Windows: Unit 1 Drapes, Unit 1 Storm Windows/Doors, Unit 2 Storm Windows/Doors, Unit 3 Storm Windows/Doors
Has fireplace: Yes
Interior area
Total structure area: 2,596
Total interior livable area: 2,596 sqft
Property
Parking
Parking features: Off Street, Parking Lot
Features
Patio & porch: Unit 1(Porch)
Lot
Size: 0.29 Acres
Details
Foundation area: 1298
Parcel number: 03019002
Zoning: R2
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Plaster, Vinyl Siding
Condition
Year built: 1918
Utilities & green energy
Electric: American Electric, Indiv Meter/Electric
Sewer: City
Water: City, Indiv Meter/Water
Community & HOA
Community
Features: Near Public Transport, Shopping Nearby
Security: Unit 1 Smoke Alarm, Unit 2 Smoke Alarm, Unit 3 Smoke Alarm