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Karin Baldwin

Karin Baldwin

ReMax First Olympic
Lynchburg, VA 24502

434-851-8581
Contact Me

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Listing 7 out of 264
Sold for $630,453 Sold

604 Middle Street
Lynchburg, VA 24502

7 units | Multi Family Home
1.03 acres - MLS# 316871
Property Photo

Sold

Sold for $630,453 on Apr 30, 2019

Description

See the attached list w/all property info listed in doc box .6 single family homes & 1 brick duplex, 251 Greenwood is not currently leased because seller is renovating it but it can be prior to closing & Greenwood rent is figured in income figues.5 single family homes in Madison Heights & 1 brick duplex -single family homes- 116 & 150 Wells Rd, 251 Greenwood Dr & 193 Kentmoor Farm Rd, Brick duplex-367 Hilltop Dr + 2 single family homes in Lynchburg 753 Crestwood Cir & 604 Middle St. Most tenants have been there long term , all have leases thru 12-31-2019.GAI $73, 020 NOI Approx $57036 Total tax assessments $653, 400.Seller also has a single family home 2600 sq ft finished (zoned commercial/business)at 3739 South Amherst Highway currently rented at 850 per month (month to month) that he will sell for $199, 900 & a brick 3200 sq ft commercial building next door (vacant) that he will sell for $249, 900 or both w/long Rt 29 frontage & county/water sewer available on 2.461 acres for $449, 900

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi-Family
  • Listing Status: Closed/Sold
  • Listing Price: $649,900
  • County/Area: Lynchburg County
  • Zip Code: 24502
  • Year Built: 1955
  • School District: Lynchburg
  • Elementary School: Heritage Elem
  • Middle School: Sandusky Midl
  • High School: Heritage High
  • Units: 7 units
  • Lot Size: 1.03 acres
  • # Unfurnished Units: 7
  • # of Water Meters: 7
  • Annual Gross Income: 73020.00
  • Cooling: Heat Pump, Window Unit(S)
  • Exterior Finish (AG): Block, Brick, Masonite Siding, Vinyl Siding
  • Flooring: Vinyl, Wood Floors
  • Heating System: Electric Baseboard, Heat Pump
  • Insurance Expenses: 560.00
  • Insurance Frequency: Monthly
  • Lot Measurement: Acres
  • Lot Size Source: (Public Records)
  • Lot Square Footage: 44649.00
  • Maintenance Exp Freq: Monthly
  • Maintenance Expense: 210.00
  • Miscellaneous: Handicapped Access, Individual Laundry, Unfurnished
  • Owner Pays: Exterior Maintenance, Other
  • Parking: 2 Spaces/Unit, Off Street Parking
  • Selling Agent: Jeff H Barker
  • Selling Office: Re/Max 1st Olympic
  • Sewer: Septic Tank
  • Shared Utilities: Indiv Meter/Electric
  • Square Footage Source: Public Record Manual
  • Unit 1 # Full Baths: 1
  • Unit 1 # of Bedrooms: 3
  • Unit 1 Amenities: Washer Hookup
  • Unit 1 Occupancy: Occupied
  • Unit 1 Rent Amount: 895.00
  • Unit 1 Square Feet: 1145.00
  • Unit 2 # Full Baths: 1
  • Unit 2 # of Bedrooms: 3
  • Unit 2 Amenities: Handicapped Access, Washer Hookup
  • Unit 2 Occupancy: Occupied
  • Unit 2 Rent Amount: 680.00
  • Unit 2 Square Feet: 884.00
  • Unit 3 # Full Baths: 1
  • Unit 3 # of Bedrooms: 3
  • Unit 3 Occupancy: Vacant
  • Unit 3 Square Feet: 960.00
  • Unit 4 # Full Baths: 2
  • Unit 4 # Half Baths: 1
  • Unit 4 Occupancy: Occupied
  • Unit 4 Rent Amount: 1600.00
  • Unit 4 Square Feet: 2886.00
  • Unit 5 # Full Baths: 1
  • Unit 5 # of Bedrooms: 2
  • Unit 5 Amenities: Fireplace, Washer Hookup
  • Unit 5 Occupancy: Occupied
  • Unit 5 Rent Amount: 650.00
  • Unit 5 Square Feet: 1008.00
  • Unit 6 # Full Baths: 1
  • Unit 6 # of Bedrooms: 2
  • Unit 6 Occupancy: Occupied
  • Unit 6 Rent Amount: 730.00
  • Unit 6 Square Feet: 1006.00
  • Utility - Electric: American Electric
  • Walls: Drywall, Plaster
  • Water: City, County, Other
  • Water Expense: 140.00
  • Water Heater: Electric
  • Sold Date: 2019-04-30 00:00:00
  • Sold Price: 630453.00
Courtesy of Re/Max 1st Olympic

Karin Baldwin | 434-851-8581 | Contact Me
20395 Timberlake Rd. - Lynchburg, VA 24502
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