FOR SALE: Duplex off Rt.221 near Lynchburg

Listed for $239,000 by Coldwell Banker Commercial Read & Co.  Call Micah Torrence at 434-610-3182.
FOR SALE

DETAILS

Great location off 221 behind Subway & Scotts Mulch & More just over the city line in Bedford County. Use it strictly as an income property or live in one side and rent the other to reduce your mortgage. Jefferson Forest school district. Roof replaced in 2005. Separate driveways provide plenty of parking. Tenants are on a month-to-month term. Unit 1 tenant has been there 3yrs and pays $575/mo. Unit 2 tenant has been there 8yrs and pays $525/mo. Owner pays water and exterior maintenance.

HIGHLIGHTS

  • Brick duplex (1,575 sq.ft.) built in 1974
  • 0.34 acre lot just off Rt.221. Great location near the Cottontown Rd intersection.
  • Jefferson Forest school district.
  • (2) 2BR 1 BA units. Each unit has its own driveway.
  • Current rents total $1,100 per month. Owner pays for water and exterior maintenance.
  • Tenants are currently on month to month leases for easy flexibility.

ROOM SIZES

  • LEFT SIDE UNIT (787 sq.ft.)
    • Living: 17x11
    • Eat-In Kitchen: 14x11
    • Bedroom 1: 14x10
    • Bedroom 2: 10x11
    • Full Bath
    • Laundry closet in kitchen
  • RIGHT SIDE UNIT (787 sq.ft.)
    • Living: 17x11
    • Eat-In Kitchen: 14x11
    • Bedroom 1: 14x10
    • Bedroom 2: 10x11
    • Full Bath
    • Laundry closet in kitchen

DIRECTIONS

Lynchburg Expressway (501N) to LEFT on US-221. 1mi to LEFT at Subway/Scotts Mulch & More onto Maple Hills Dr. 2nd home on right.. Appointment only. Units are occupied.

CONTACT

  • Micah Torrence 434-610-3182

Torrence, Read, Forehand Auctions, L.C. is not affiliated with Coldwell Banker Real Estate, LLC and is operated independently from Coldwell Banker Commercial Read & Co.© Coldwell Banker Real Estate Corporation. Coldwell Banker Commercial® is a registered trademark licensed to Coldwell Banker Real Estate Corporation. An Equal Opportunity Company. Each Office is independently owned and operated, except offices owned and operated by NRT Corporation.