$349,969

5036 Fort Avenue 1 & 2, Lynchburg, VA 24502

  • 2,401 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1949
  • Property Lot Size Icon0.35acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $146/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Welcome to this well-maintained duplex offering excellent flexibility, space, and income opportunities. Unit 1 features three bedrooms, a bonus room (perfect for a home office or guest room), 1.5 baths, brand new HVac,and a large basement offering ample storage or potential for further development. Unit 2 includes three bedrooms and one full bath, making it ideal for renters or extended family. Both units are in good condition, with functional layouts and solid rental appeal. The property is zoned for both commercial and residential use, opening the door to a variety of investment strategies or owner-occupancy with business operations. Adding even more value, a separate building in the backyardcurrently used for storagewas previously occupied and presents a strong opportunity for a third income stream with the right updates or permitting. Minutes to LU and Wards Rd shopping. Investors or owner-occupiers, please call.

Listing Status:
Pending
Listing Office:
Realty ONE Group Leading Edge : 434-544-0100
Listing Agent:
Sulwyn Palazzo : 434-258-3755
MLS ID:
359535

This listing courtesy of Sulwyn Palazzo, Realty ONE Group Leading Edge

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

0.97 miles away

S

Sandusky Middle School

805 Chinook Pl, Lynchburg, VA, 24502

Grades 6-8

1.06 miles away

H

Heritage High School

3101 Wards Ferry Rd, Lynchburg, VA, 24502

Grades 9-12

1.69 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.

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