$2,790,000
PENDING

1600 Wards Ferry Rd Unit 1001- Lynchburg, VA 24502

Estimated payment $15,431/month

Total Views 2,189
-- Bed
-- Bath
1,782 Sq Ft
$1,566 Price per Sq Ft

About This Home

Nine townhomes - an entire row! College Square Townhomes - A Once-in-a-Lifetime Investment Opportunity! #1001-1009. You've never seen anything like this hit the market near Liberty University before. Built in 2012, these immaculate fully furnished 4-bedroom townhomes offer ideal layouts for shared housing and rental flexibility. Just 1 block from both LU and CVCC. Each home features nearly 600 sq ft per floor, spread across three private levels. No Parking Worries Ever because every unit includes 2 assigned parking spaces and over 100 additional spots throughout the complex. Low POA fees covering trash, snow removal, mowing, and landscaping. There are no lease term restrictions, so whether you're eyeing short, mid, or long-term rentals you're free to run your investment your way. Whether you're seeking a high-performing, low-maintenance rental property or looking to expand your portfolio with a turnkey multi-unit acquistion, this is your moment.

Listing Agent

Jill Rufus

eXp Realty LLC-Stafford License #0225249850 Listed on: 06/16/2025

eXp Realty LLC-Stafford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,793

Year Built

  • Built in 2012

Lot Details

  • 2,701 Sq Ft Lot

HOA Fees

  • $80 Monthly HOA Fees

Home Design

  • 1,782 Sq Ft Home

Flooring

  • Carpet
  • Laminate

Parking

  • Guest Parking
  • Parking Lot

Schools

  • Sheffield Elementary School
  • Sandusky Midl Middle School
  • Heritage High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include exterior maintenance, neighborhood lights, parking, trash
  • College Square Townhomes Subdivision

Building Details

  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,793

Year Built

Built in 2012

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Directions: Wards Ferry Road, right behind CVCC
  • Internet Providers: GLO Fiber
  • Days On Market: No
  • Prop. Type: Multi-Family
  • Year Built: 2012
  • Garage Yn: No
  • Property Sub-Type: Multi-Family
  • Subdivision Name: College Square Townhomes
  • Unit Info Number Furnished Units: 9
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Flooring: Carpet, Laminate
  • Walls: Drywall

Garage/Parking

  • Parking Features: Guest Parking, Parking Lot

Utilities

  • Utility Electric: American Electric
  • Cooling: Heat Pump
  • Sewer: City
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 80.00
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Exterior Maintenance, Neighborhood Lights, Parking, Trash

Schools

  • Elementary School: Sheffield Elem
  • High School: Heritage High
  • Middle School: Sandusky Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Zoning: R-4C
  • Acres: 0.0620
  • Lot Size Sq Ft: 2701.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Types Of Leases: No Lease Required
  • Owner Pays: Cable TV, Cooling, Electricity, Heating, Hot Water, Lawn Care, Trash Removal, Water
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 1793

Multi Family

  • Number Of Units Total: 9
  • Existing Lease Type: Net

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,914 $215,100 $20,000 $195,100
2023 $1,914 $215,100 $20,000 $195,100
2022 $1,847 $179,300 $20,000 $159,300
2021 $1,990 $179,300 $20,000 $159,300
2020 $1,757 $158,300 $20,000 $138,300
2019 $1,757 $158,300 $20,000 $138,300
2018 $1,757 $158,300 $20,000 $138,300
2017 $1,757 $158,300 $20,000 $138,300
2016 $1,757 $158,300 $20,000 $138,300
2015 $1,757 $138,500 $20,000 $118,500
2014 $1,537 $20,000 $20,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $2,790,000 -- $1,566 / Sq Ft
Source: Lynchburg Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $960,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,000 Credit Line Revolving
Source: Public Records

Source: Lynchburg Association of REALTORS®

MLS Number: 359945

APN: 257-03-047