1103 Rivermont, Lynchburg, VA 24505

$189,900
5
BD
2
BA
2,109
SqFt
List Price
$189,900
Days on Market
12
Status
ACTIVE
MLS#
325775
Bedrooms
5
Bathrooms
2
Full Baths
2
Living Area
2,109
Style
Other, See Remarks
Year Built
1905

Property Description

This Historic Multi Family home has two dwelling units. There are two kitchens, two bathrooms, and five bedrooms. Live in one unit and rent the other to pay your mortgage. A chandelier and vintage foyer greets you as you enter your home. A beautiful staircase takes you to the second floor unit. This home has two original antique fireplaces in excellent condition. Two octagon rooms add to the unique character of this home. It is conveniently located to all of Lynchburg's amenities. It has recently installed newer two zone heating and cooling. The exterior is maintenance free siding and the roof is lifetime beautiful gray historic slate. Sold fully furnished. Furnished as 5 bedrooms and will accommodate 6 individual tenants paying $595.00 per month each. The projected income is $3,600.00 per month. A great home for your large family or keep the current use for a high rate of return on investment.

Additional Information

Area
Lynchburg
Stories
Three Or More
Interior Features
Cable Available, Cable Connections, Ceiling Fan(s), Drapes, High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Pantry, Rods, Security System, Separate Dining Room, Smoke Alarm, Walk-In Closet(s), Workshop
Flooring
Hardwood
Exterior Features
Fenced Yard, Garden Space, Landscaped, Tennis Courts Nearby, Undergrnd Utilities, Golf Nearby
Heating
Heat Pump, Two-Zone
Cooling
Heat Pump, Two-Zone
Roof
Slate
Water
City
Sewer
City
School District
Lynchburg
Remarks
This Historic Multi Family home has two dwelling units. There are two kitchens, two bathrooms, and five bedrooms. Live in one unit and rent the other to pay your mortgage. A chandelier and vintage foyer greets you as you enter your home. A beautiful staircase takes you to the second floor unit. This home has two original antique fireplaces in excellent condition. Two octagon rooms add to the unique character of this home. It is conveniently located to all of Lynchburg's amenities. It has recently installed newer two zone heating and cooling. The exterior is maintenance free siding and the roof is lifetime beautiful gray historic slate. Sold fully furnished. Furnished as 5 bedrooms and will accommodate 6 individual tenants paying $595.00 per month each. The projected income is $3,600.00 per month. A great home for your large family or keep the current use for a high rate of return on investment.
Appliances
Microwave, Range-Elec, Refrigerator, Self Cleaning Oven, Washer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of XRealty.net LLC.