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Listed by Chris Davies • Lauren Bell Real Estate, Inc.
$ 415,000
Est. payment /mo
Active
2908 Memorial AVE Lynchburg, VA 24501
3,624 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,624 sqft
Price per Sqft $114
MLS Listing ID 367792
Year Built 1932
Annual Tax Amount $1,700
Lot Size 5,998 Sqft
Property Sub-Type Multi-Family
Property Description
This is a fantastic fully tenanted investment opportunity comprising two commercial units and four 1-bedroom apartments. The property generates immediate rental income from day one, making it an ideal choice for investors seeking a stable, income-producing asset. With all units already rented out, this mixed-use property offers a secure and diversified income stream across both commercial and residential tenants. The two commercial units provide strong business rental appeal, while the four 1-bedroom apartments benefit from consistent demand in the rental market. A rare opportunity to acquire a fully occupied mixed-use investment with reliable returns, strong tenancy profile, and excellent long-term potential.
Location
State VA
County Lynchburg
Schools
Elementary Schools Tc Miller Elem
Middle Schools Pl Dunbar Midl
High Schools E. C. Glass High
School District Lynchburg