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Listed by Nikki Sanz • eXp Realty LLC-Lynchburg
$ 499,000
Est. payment | /mo
11 Beds
8 Baths
0.61 Acres Lot
$ 499,000
Est. payment | /mo
11 Beds
8 Baths
0.61 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 365390
Bedrooms 11
Full Baths 8
Year Built 1888
Annual Tax Amount $685
Lot Size 0.610 Acres
Property Sub-Type Multi-Family
Property Description
Income-producing multi-unit property in Bedford County featuring a triplex and two singlewide homes across two parcels. The triplex offers three units, including a fully remodeled upper-level 4BR/2BA unit currently vacant with strong rental potential of $1,600-$1,800/month. The lower level includes two occupied units: a 2BR/1BA rented for $1,100/month and a 2BR/1BA side apartment rented for $1,400/month. The two singlewide homes (each 2BR/2BA) offer separate electric service and are currently rented for $1,450 and $1,000/month. The property is serviced by one shared well and two septic systems. Current income does not reflect the vacant 4-bedroom unit, providing immediate upside for investors. Property has been preliminarily approved for up to 75% commercial financing through Freedom First. See attached for details on heating and cooling. All leases are through 7/31/26.
Location
State VA
County Bedford
Schools
School District Bedford
Nearby Locations
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