$1,200,000

1200 Liggates Road, Lynchburg, VA 24502

  • 10,692 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon0.53acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $112/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Discover a prime investment opportunity in Lynchburg! This is a well-maintained, brick, two-story walk-up with basement. It is conveniently located at 1200 Liggates Rd and features two buildings, 12 residential units and generating positive cash flow at full occupancy. Recent upgrades: 75% of units have been renovated since 2023, to include updated flooring, paint, cabinets & counters as needed, new windows, new heat pumps, new roof; shared common areas renovated (2025); Shared Laundry in basement that is coin operated for extra income! Ample parking, and centrally located in Lynchburg! Close to Liberty University, restaurants, shopping and local amenities, it's positioned for strong returns - act now to secure this opportunity!

Listing Status:
Active
Listing Office:
Mark A. Dalton & Co., Inc. : 434-841-8405
Listing Agent:
Callie Reyes : 434-610-8089
MLS ID:
362720
  • Flooring: Vinyl
  • A/C: Heat Pump
  • Heating: Heat Pump
  • Parking: Off Street ParkingParking LotPaved Drive
  • HOA Amenities: 0.0
  • Originating MLS: Lynchburg
  • School District: Lynchburg
  • County: Lynchburg
  • Zoning: R4EDLEYBLK 6PT LOT 602909006
  • Utilities: American Electric
  • Water: City
  • Sewer: City
  • Source: Lynchburg

This listing courtesy of Callie Reyes, Mark A. Dalton & Co., Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sheffield Elementary School

115 Kenwood Pl, Lynchburg, VA, 24502

Grades KG-5

1.61 miles away

S

Sandusky Middle School

805 Chinook Pl, Lynchburg, VA, 24502

Grades 6-8

1.55 miles away

E

E. C. Glass High School

2111 Memorial Ave, Lynchburg, VA, 24501

Grades 9-12

1.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.