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Listed by Stacy Powell • Keller Williams
$ 179,900
Est. payment /mo
Active
1513 Polk ST Lynchburg, VA 24504
4 Beds
3 Baths
2,160 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $83
MLS Listing ID 363704
Bedrooms 4
Full Baths 3
Year Built 1855
Annual Tax Amount $927
Lot Size 6,359 Sqft
Property Sub-Type Multi-Family
Property Description
This fully leased triplex presents a strong investment opportunity with immediate cash flow in place. The property consists of three units that are all currently occupied. Unit rents are well staggered, offering built-in income diversity and stability. Major capital improvements have already been completed, including a new 20-year architectural shingle roof on both the front and rear sections of the building, along with brand-new gutters and downspouts. The foundation has been professionally addressed with repointing and new footers added in select areas. Unit #3 features a fully renovated bathroom and a new mini-split system installed in 2025, adding modern comfort and efficiency. 100% Leased Unit #1 $510; Unit #2 $685; Unit #3 $750;Gross Rent $1,945. Come check this property out today!
Location
State VA
County Lynchburg
Interior
Flooring Carpet, Wood Floors
Exterior
Exterior Feature Other
Utilities Available Indiv Meter/Electric
Building
Sewer City
Schools
Elementary Schools Sandusky Elem
Middle Schools Sandusky Midl
High Schools Heritage High
School District Lynchburg
