1112 Cosby Street, Lynchburg, VA 24504

Great investment opportunity! Nice brick duplex located in the Rivermont area. Each unit features 2BR/1BA - Hardwood floors - laundry closet - individual electric meters, as well as individual water meters. Owner is responsible for lawn care only. Off street parking in rear of property. Both units are currently leased, with yearly leases in place. Property is currently generating a total return of $925.00 per month. An increase in rental amounts could be supported, however, there has been no recent increased rental amounts due to the longevity of the current tenants in place. One unit has long term tenant of seven years, who wishes to remain. The additional unit is currently leased to a more recent upcoming two year tenant, who wishes to remain as a future long term tenant. Investor rates are currently remaining at an all time low, resulting in a positive rate of return. Excellent time to purchase investment property. Serious inquires only please. Owner is a Virginia licensed Realtor. NOT looking to list property. NO soliciting Realtor calls please. For additional information, call (434) 942-2158, or email Phoenix112158@gmail.com.