$331,000
SOLD JUL 16, 2025
-- Bed
-- Bath
1,948 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

3% Below List Price

51 Days on Market

About This Home

As of July 2025

Immaculate and fully furnished duplex offering a strong income history of $3,360 per month through consistent short/mid term leasing. Both units have undergone a comprehensive top-to-bottom renovation, encompassing upgrades to the roof, HVAC, plumbing, electrical systems, flooring, kitchens, and baths. The upstairs unit has 3 bedrooms and 1 bath, while the downstairs unit features 2 bedrooms and 1 bath. A true duplex, each unit is equipped with separate meters, laundry facilities, and heat pumps for individual comfort and convenience. Ideally situated in close proximity to Virginia Baptist Hospital and a short drive from Lynchburg General down Langhorne, this property has a history of leasing to travel nurses. The interior design captivates with its aesthetic appeal, reflecting meticulous upkeep and attention to detail. Emphasis has been placed on proper drainage and the longevity of essential systems, ensuring the enduring value and quality of this asset.

Last Agent to Sell the Property

Mason Kiffmeyer

LPT Realty, Inc License #0225255516 Listed on: 04/24/2025

LPT Realty, Inc

Last Buyer's Agent

Stephen Acree

Keller Williams License #0225225687

Keller Williams

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,843

Year Built

  • Built in 1959

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • 1,948 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Parking

  • Over 1 Space Per Unit
  • Off-Street Parking

Schools

  • Bedford Hills Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01918063

Community Details

Overview

  • Randolph College Area Subdivision

Building Details

  • Net Lease
  • Gross Income $40,323

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,843

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Directions: Rivermont Ave to Belvedere St
  • Days On Market: No
  • Prop. Type: Multi-Family
  • Year Built: 1959
  • Garage Yn: No
  • Property Sub-Type: Multi-Family
  • Total Gross Income: 40323.00
  • Subdivision Name: Randolph College Area
  • Unit Info Number Furnished Units: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Garage/Parking

  • Parking Features: 2 Spaces/Unit, Off Street Parking

Utilities

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

Schools

  • Elementary School: Bedford Hills Elem
  • High School: E. C. Glass High
  • Middle School: Linkhorne Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Zoning: R-3
  • Acres: 0.2300
  • Lot Size Sq Ft: 10019.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 01918063

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 1843

Multi Family

  • Number Of Units Total: 2
  • Existing Lease Type: Net

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Sold $331,000 0.0% $170 / Sq Ft
07/11/2025 07/11/25 For Rent $1,895 0.0% --
06/14/2025 06/14/25 Pending -- -- --
05/16/2025 05/16/25 Price Changed $329,900 -3.5% $169 / Sq Ft
04/24/2025 04/24/25 For Sale $342,000 +3.6% $176 / Sq Ft
03/01/2024 03/01/24 Sold $330,000 -2.9% $169 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $339,900 -- $174 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 358792