Brick 4-Plex off Leesville Rd

Campbell County, VA
Rental Investment Property

PROPERTY LOCATION

137 Oak Hill Dr, Lynchburg, VA 24502
Campbell County,

AUCTION LOCATION

Homewood Suites by Hilton, 4021 Wards Rd, Lynchburg, VA
Live, Online, and Phone bidding available

Excellent rental opportunity off Leesville Rd just 4 miles from Liberty University and convenient to US-460, Timberlake Rd and Wards Rd

Details

  • Brick 4-plex with (4) 1-bedroom 1-bath units
  • Each apartment has a fireplace, range, refrigerator, and washer/dryer hookups
  • Unit A: renovated in 2019, $500/month, tenant moved in 2019, currently month-to-month
  • Unit B: renovated in 2022, $500/month, tenant moved in 2022, currently month-to-month
  • Unit C: renovated in 2025, $750/month, just signed one year lease
  • Unit D: renovated in 2013, $500/month, tenant moved in 2013, currently month-to-month
  • 3 Long term tenants (all would like to stay)
  • (1) unit newly renovated and leased at $750/month
  • Tenants pay water and electric
  • Public water & private septic
  • 2 New Heat pumps
  • Roof recently replaced
  • Off-street parking
  • Professionally managed by Brownstone Properties

DIRECTIONS TO PROPERTY

  • From Liberty University, US-460W 1.7mi to Airport Rd/Greenview Drive exit. At end of ramp, RIGHT on Airport Rd. 1/4mi to LEFT on Leesville Rd. 0.7mi to LEFT on Deer Creek. 1st LEFT on Lee Pl. RIGHT on Oak Hill to 137 Oak Hill on LEFT.

Agent on Site

  • Thursday, October 9 from Noon-1PM
  • Private showings by appointment. Minimum 24 hour notice

TERMS SUMMARY

5% buyer's premium. 10% deposit due at auction. Closing on or about 30 days. High Bid subject to confirmation by seller. Click on "Terms" tab for full terms and conditions.

CONTACT

Mike Torrence
Torrence, Read, & Forehand Auctions
101 Annjo Ct, Forest, VA 24551
(434) 847-7741 Office
(434) 660-5159 Mobile
mike@trfauctions.com

Micah Torrence 
(434) 610-3182
micah@trfauctions.com