T
Seller's Agent in 2024
THOMAS NOLEN
Nolen Real Estate
(434) 942-7653
227 Total Sales
86 Salem Rd Evington, VA 24550
--
Bed
--
Bath
3,480
Sq Ft
0.31
Acre Lot
Highlights
- Central Air
- Baseboard Heating
- Carpet
About This Home
As of June 2024Located in Campbell County less than 10 minutes from Liberty University and 5 minutes to shops, restaurants, and businesses on Timberlake Rd is this 4 plex investment property waiting for its new owner! Two of the units feature spacious 2 bedrooms and 1 bathroom layout, while the remaining two units downstairs offer a cozy 1 bedroom and 1 bath configuration. Currently all 4 units are leased generating a total gross income of $2,080/month showcasing the properties strong revenue potential and stability. This steady income stream provides investors with a lucrative opportunity to capitalize on the thriving rental market in Lynchburg. Whether you're a seasoned investor looking to expand your portfolio or a discerning buyer seeking a profitable income property, this 4 plex is located in a fantastic spot in close proximity to all Lynchburg has to offer. Don't wait long!
Last Agent to Sell the Property
Nolen Real Estate License #0225047806 Listed on: 04/16/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,052
Year Built
- Built in 1976
Lot Details
- 13,460 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- 3,480 Sq Ft Home
Flooring
- Carpet
- Vinyl
Schools
- Tomahawk Elementary School
- Brookville Midl Middle School
- Brookville High School
Utilities
- Central Air
- Window Unit Cooling System
- Baseboard Heating
- Well
- Electric Water Heater
- Septic Tank
Community Details
- Net Lease
- Gross Income $24,960
Listing and Financial Details
- The owner pays for lawn care
- Assessor Parcel Number 20M-1-26
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 11, 2022
Sold by
Bought by
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $600,000 | Chicago Title |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/13/2024 06/13/24 | Sold | $300,000 | 0.0% | $86 / Sq Ft |
| 04/19/2024 04/19/24 | Pending | -- | -- | -- |
| 04/16/2024 04/16/24 | For Sale | $299,900 | -- | $86 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,053 | $233,900 | $30,000 | $203,900 |
| 2024 | $1,053 | $233,900 | $30,000 | $203,900 |
| 2023 | $1,053 | $233,900 | $30,000 | $203,900 |
| 2022 | $970 | $186,600 | $26,000 | $160,600 |
| 2021 | $970 | $186,600 | $26,000 | $160,600 |
| 2020 | $970 | $186,600 | $26,000 | $160,600 |
| 2019 | $970 | $186,600 | $26,000 | $160,600 |
| 2018 | $1,021 | $196,400 | $26,000 | $170,400 |
| 2017 | $1,021 | $196,400 | $26,000 | $170,400 |
| 2016 | $1,021 | $196,400 | $26,000 | $170,400 |
| 2015 | -- | $196,400 | $26,000 | $170,400 |
| 2014 | -- | $194,200 | $26,000 | $168,200 |
Source: Public Records
Agents Affiliated with this Home
-
THOMAS NOLEN
-
Trevor Gillispie
T
Buyer's Agent in 2024
Trevor Gillispie
Elite Realty
(434) 660-5853
294 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 351715
APN: 020M-01000-026-0
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