Bought with Jordan Smith • Keeton & Co Real Estate
$280,000
$272,500
2.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,340 SqFt
SOLD DATE : 12/16/2024
Key Details
Sold Price $280,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,340 sqft
Price per Sqft $208
Subdivision Pine Dr Area
MLS Listing ID 355691
Sold Date 12/16/24
Bedrooms 3
Full Baths 2
Year Built 1935
Lot Size 10,018 Sqft
Property Sub-Type Single Family Residence
Property Description
Discover an exceptional, turnkey investment with substantial income potential! This fully remodeled home, complete with a separate detached bedroom and bath, is nestled just off Rivermont Ave and perfectly designed for short-term rental success. With a projected gross monthly income between $2,500 and $3,300 from a local property management company, plus an additional $350/month from the separate room, this property offers impressive earning possibilities. Stylishly modernized, the interior exudes thoughtful design with high-end updates throughout. The home can be sold fully furnished, allowing for a seamless investment experience. Ideally located near Lynchburg's hospitals, Randolph College, and the vibrant downtown area, this property is a prime choice for attracting short-term guests. Don't miss out on this rare, income-generating opportunity in a highly desirable location!
Location
State VA
County Lynchburg
Rooms
Dining Room 14x11 Level: Level 1 Above Grade
Kitchen 14x9 Level: Level 1 Above Grade
Interior
Interior Features Ceiling Fan(s), Main Level Bedroom, Primary Bed w/Bath
Heating Heat Pump
Cooling Heat Pump
Flooring Tile, Vinyl Plank
Exterior
Exterior Feature Deck, Off-Street Parking, Porch
Parking Features Workshop
Roof Type Shingle
Building
Story One
Sewer City
Schools
School District Lynchburg
Others
Acceptable Financing Conventional
Listing Terms Conventional
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