Virginia
Lynchburg
1403 Gates Street

$249,900

1403 Gates Street, Lynchburg, VA 24502

4 beds |
2 baths |
1,755 sqft

Single-Family Home
Built in 1952
0.27acre lot
—— car garage
$142/sqft
Listed 19 days ago

Property Description

Centrally located in the heart of Lynchburg, this well-maintained brick bungalow offers flexible living and investment potential. Featuring 4 bedrooms and 2 full bathrooms, the home is currently set up as a fully furnished Airbnb upstairs with a proven rental track record, and a finished basement apartment belowperfect for a house hack, duplex setup, or continued short-term rental success. Whether you're an investor looking to expand your portfolio or a homeowner seeking to offset your mortgage by renting one unit while living in the other, this property delivers. Ideal for Liberty University or University of Lynchburg students and families, it also presents a smart opportunity for parents looking to save on student housing. Just minutes from schools, shopping, and restaurantsdon't miss your chance to own this versatile and income-producing property!

Listing Status:: Pending
Listing Office:: Keller Williams : 434-534-9113
Listing Agent:: Tim Bushnell : 512-277-4872
MLS ID:: 359329

This listing courtesy of Tim Bushnell, Keller Williams

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Sheffield Elementary School

115 Kenwood Pl, Lynchburg, VA, 24502

Grades KG-5

0.98 miles away

Sandusky Middle School

805 Chinook Pl, Lynchburg, VA, 24502

Grades 6-8

1.22 miles away

Heritage High School

3101 Wards Ferry Rd, Lynchburg, VA, 24502

Grades 9-12

1.77 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.