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5036 Fort Ave # 1, Lynchburg, VA 24502
$369,900 Asking Price
$---/mo Est. Payment Get Prequalified »
6
beds
3
baths
2,401
sqft
Built in
1949
Three Streams of Income! A Duplex and a separate Studio Apartment on a large lot with ample parking. Live in one home and lease the other two! Unit #2 has a large unfinished basement with a wood burning fireplace. The rear of the property is fenced in with gates at each end. Great location and income generator. The duplex is currently rented and the separate studio efficiency (27.4 x 14.3) is being used for storage. Unit #1 refrigerator, electric range, microwave, dishwasher convey. Unit #2 electric range, dishwasher convey. The units are in good condition. Laundry area for Unit #2 is in the lower level. Please see the marketing floorplan for both units. Only 8 minutes to LU and 6 minutes to Lynchburg University. Zoned B-1.
Features & Amenities
Interior
- General:
- Cable Available,Cable Connections,Drywall,Main Level Den,Walk-In Closet(s),Workshop
- Master Bedroom:
- 11.50x14.70 Level: Level 1 Above Grade
- Kitchen:
- 15x14.70 Level: Level 1 Above Grade
- Appliances:
- Dishwasher,Disposal,Microwave,Refrigerator
- Living Room:
- 15x11.50 Level: Level 1 Above Grade
- Laundry:
- Basement,Dryer Connection,Laundry Closet,Washer Connections
- Basement:
- Crawl Space,Exterior Entrance,Fireplace,Full
- Den:
- 10.60x13.70 Level: Level 1 Above Grade
- Flooring:
- Ceramic Tile,Hardwood,Vinyl
- A/C:
- Central Electric
- Heating:
- Heat Pump
- Fireplace:
- 2 Fireplaces,Stone
Exterior
- General:
- Brick, Fenced Yard
- Style:
- Ranch
Construction
- Roofing:
- Shingle
- General:
- One
Location
- HOA Amenities:
- Trash, 0.0
- Originating MLS:
- Lynchburg
- School District:
- Lynchburg
- County:
- Lynchburg
Lot
- Zoning:
- B-1, RADCLIFF, BLK 13, LOTS 8-9, 05310051
Utilities
- Utilities:
- AEP/Appalachian Powr
- Water:
- City
- Sewer:
- City
Financial
- Source:
- Lynchburg
This listing courtesy of:
Lynchburg's Finest Team LLC, Yvonne Jansen
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Lynchburg, VA
Housing
- Number of Units
- 45,209
- Median Home Value
- $179,150
- Median Rent
- $740
46.22% of housing units are renter occupied.
9.49% are vacant.
Commute
- Car
-
74.63%
- Public Transportation
-
1.71%
- Walk to Work
-
3.20%
- Work from Home
-
19.08%
- Other
-
1.24%
The median travel time to work is 16 minutes.
People
- Population
- 104,822
- Median Age
- 33.80
- Median Household Size
- 2.55
Education
- High School
-
24.81%
- Associate’s Degree
-
7.92%
- Bachelor’s Degree
-
21.47%
- Graduate Degree
-
15.15%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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