1664 Graves Mill RD, Lynchburg, VA 24502
1664 Graves Mill RD, Lynchburg, VA 24502
1664 Graves Mill RD, Lynchburg, VA 24502
1664 Graves Mill RD, Lynchburg, VA 24502
1664 Graves Mill RD, Lynchburg, VA 24502
1664 Graves Mill RD, Lynchburg, VA 24502
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Listed by Jimmy L Rufus Jr. • eXp Realty LLC-Stafford
$ 899,000
Est. payment | /mo

12 Beds

6 Baths

6,792 SqFt

Save
$ 899,000
Est. payment | /mo
Save

12 Beds

6 Baths

6,792 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 6,792 sqft

Price per Sqft $132

MLS Listing ID 365599

Bedrooms 12

Full Baths 6

Year Built 1970

Annual Tax Amount $5,000

Lot Size 0.701 Acres

Property Sub-Type Multi-Family

Property Description

Don't miss this income-producing 8-plex (16 bedrooms/ 8 baths) ideally located in a high-traffic corridor on Graves Mill Road, surrounded by established restaurants, businesses, and everyday conveniences. This prime location offers easy access to the expressway, airport, and local colleges, making it highly desirable for tenants. Each of the eight units features 2 bedrooms and 1 full bath, offering a functional and in-demand layout. The property is shown by appointment only. Do Not go to the property, or approach tenants. A bank letter or proof of funds will need to be provided prior to making an appointment. With a monthly income of $7,700, this property presents a solid return with room for future growth. Its strong rental history, excellent location, and consistent demand make it a great addition to any investment portfolio. A rare opportunity to own a multi-family property in a thriving commercial area with long-term upside potential.

Location

State VA

County Lynchburg

Interior

Heating Heat Pump

Cooling Heat Pump

Flooring Carpet, Vinyl

Exterior

Exterior Feature Brick

Utilities Available Indiv Meter/Electric

Building

Sewer Septic Tank

Schools

Elementary Schools Sandusky Elem

Middle Schools Sandusky Midl

High Schools Heritage High

School District Lynchburg

Others

Miscellaneous Shopping Nearby

Nearby Locations
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403 5th St, Lynchburg, VA 24504, USA

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1664 Graves Mill RD