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Sold for $151,000 on 02/25/25
  • $151,000

    1700 Grace St, Lynchburg, VA 24504

    --beds
    4,464sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $151,000 Zestimate®
    $34/sqft
    $-- Estimated rent

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    $851/mo

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    What's special

    This listing has been entered for comparable purposes only. Expand your investment portfolio with this charming c.1910 shingle-style 5-unit apartment house in the desirable Diamond Hill neighborhood. Ideally situated on a bus line and near major commuter roads, this property offers both convenience and accessibility. Featuring cool architecture, high ceilings, and hardwood floors throughout, it also includes off-street parking and sits on a spacious, easy-to-maintain corner lot. While it boasts excellent income-generating potential, with all units currently occupied- several by long-term tenants the property is sold strictly As-Is/Where-Is'. Buyers should note that the home requires additional improvements, making it an ideal opportunity for those looking to add value.

    Zillow last checked: 8 hours ago

    Listing updated: February 26, 2025 at 07:41am

    Listed by:

    Tiffany Burke Blankinship 434-546-5445 tiffany.blankinship@bhhsdfg.com,

    BHHS Dawson Ford Garbee

    Bought with:

    De'Lexis Brown, 0225212572

    BHHS Dawson Ford Garbee-Forest

    Source: LMLS,MLS#: 356571MLS LogoOriginating MLS: Lynchburg Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Steam-Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Gas Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator), Unit 4(Range/Oven, Refrigerator), Unit 5(Range/Oven, Refrigerator)
    Features
    • Flooring: Wood Floors
    • Has fireplace: Yes
    Interior area
    • Total structure area: 4,464
    • Total interior livable area: 4,464 sqft

    Property

    Parking
    • Parking features: Off Street, Paved Drive
    • Has uncovered spaces: Yes
    Lot
    • Size: 10,802 sqft
    Details
    • Foundation area: 0
    • Parcel number: 02547001

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Plaster, Shake Siding
    Condition
    • Year built: 1910

    Utilities & green energy

    • Electric: American Electric, Indiv Meter/Electric
    • Sewer: City
    • Water: City

    Community & neighborhood

    Community
    • Community features: Near Public Transport
    Location
    • Region: Lynchburg
    • Subdivision: Commercial Misc