405 Langhorne Ln, Lynchburg, VA 24501
- $315,000
- 6
- BD
- 2,596
- SqFt
- List Price
- $315,000
- Price Change
- ▼ $10,000 1789072909
- Status
- ACTIVE
- MLS#
- 366565
- Bedrooms
- 6
- Full Baths
- 3
- Living Area
- 2,596
- Lot Size (Acres)
- 0.2868
- Year Built
- 1918
Property Description
405 Langhorne Lane has an 11% NOI and ROI! This building has space and character with gorgeous hardwood floors, high ceilings, moldings, huge bedrooms & ample storage! The 24' front porch offers curb appeal & lovely evenings outside! There is abundant off-street parking. The 1st floor unit is 1298 sf with 3 bedrooms/1 bath. Upstairs, Apt B has 2 bedrooms/1 bath and Apt C has 1 bedroom/1 bath and the most storage! Each unit has a full tub/shower and a separate Trane heat pump. 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, separate electric panels. 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!When it is time for you to move on, keeping this building will pay dividends for years to come! Call for your showing!
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Additional Information
- Area
- Lynchburg
- Subdivision
- Westover
- Flooring
- Vinyl, Wood
- Community Features
- Near Public Transport, Near Shopping
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Water
- Public
- Sewer
- Public Sewer
- School District
- Lynchburg
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Listing courtesy of Epique Inc.