2908 Memorial Ave, Lynchburg, VA 24501

$374,900
3,624
SqFt

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List Price
$374,900
Price Change
▼ $25,000 1790365978
Status
ACTIVE
MLS#
367792
Living Area
3,624
Lot Size (Acres)
0.13770000000000002
Year Built
1932

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.

Additional Information

Area
Lynchburg
School District
Lynchburg

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Listing courtesy of Lauren Bell Real Estate, Inc..