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Listed by Susan E Murray • Epique Inc
$ 325,000
Est. payment /mo
Active
405 Langhorne LN Lynchburg, VA 24501
6 Beds
3 Baths
2,596 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,596 sqft
Price per Sqft $125
Subdivision Westover
MLS Listing ID 366565
Bedrooms 6
Full Baths 3
Year Built 1918
Annual Tax Amount $1,675
Lot Size 0.287 Acres
Property Sub-Type Multi-Family
Property Description
Attention 1st Time Homebuyers! Recognize the Smart Investment "Move" to own this triplex for a lower monthly payment than a $200,000 home by using the 2 other apartments rents to offset your 3.5% down FHA mortgage! Built in 1918, this building is spacious and full of character including gorgeous hardwood floors, soaring ceilings, picture-rail moldings, huge bedrooms & ample storage! Each unit has a full tub/shower and a comfortable Trane heat pump. The 24' front porch offers curb appeal & lovely evenings outside! The downstairs apartment spans 1298 sf and has 3 bedrooms/1 bath. Upstairs, Apt B has 2 bedrooms/1 bath. Apt C has 1 bedroom/1 bath and the most storage! Owner pays gas to heat the water, water, insurance. Easy maintenance includes vinyl siding, a new roof in 2024, new sewer line to the street, new separate electric panels. When it is time for you to move on, keeping this building will pay dividends for years to come! The seller is helping with $5000 towards closing costs!
Location
State VA
County Lynchburg
Zoning R2
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Vinyl, Wood Floors
Exterior
Exterior Feature Vinyl Siding
Utilities Available American Electric Indiv Meter/Electric, Indiv Meter/Water
Building
Foundation 1298.00
Sewer City
Schools
Elementary Schools Perrymont Elem
Middle Schools Pl Dunbar Midl
High Schools E. C. Glass High
School District Lynchburg
Others
Miscellaneous Bus Route,Common Laundry,Shopping Nearby,Unfurnished