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$989,000 For Sale

313 Laxton Road
Lynchburg, VA 24502

17 units | Multi Family Home
1.76 acres - MLS# 307142
Property Photo
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Description

Owner/Investor relocating out of state. 17 Units in Brookville school district. These 4 lots are zoned limited business with 385 ft. road frontage. Low Campbell County taxes and low utility costs. Potential Campbell County sewer, but now on septic. $111, 000+ annual income makes this a great investment property, and it stays rented because the average rent is less than $550 per unit/excellent cash flow. Commercial potential and room for expansion.

Features

  • # Unfurnished Units: 17
  • Annual Gross Income: 110460.00
  • County/Area: Campbell County
  • Elementary School: Tomahawk Elem
  • High School: Brookville High
  • Listing Status: Active
  • Lot Measurement: Acres
  • Lot Size: 1.7600
  • Lot Size Source: (Public Records)
  • Lot Square Footage: 76666.00
  • Middle School: Brookville Midl
  • Property Type: Multi Family Home
  • School District: Campbell
  • Sub Type: Multi-Family
  • Units: 17
  • Year Built: 1973
  • Zip Code: 24502
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