1507 Floyd Street, Lynchburg, VA 24501

$179,900 Asking Price

4 beds
2 baths
1,992  sqft
Built in 1900

Investor's Dream! Don't miss out on this incredible opportunity to invest in a prime property located at 1507 Floyd St. This property is a hidden gem with unlimited potential and incredible value. With its convenient proximity to major transportation routes, business districts, and popular amenities, this property is sure to attract tenants and generate a steady cash flow. The property itself boasts a spacious and well-maintained structure, providing a solid foundation for any investor's vision. With a versatile floor plan, this property can be easily adapted to suit various investment strategies. Investors will appreciate the potential for significant appreciation in this rapidly growing neighborhood. The surrounding area has seen tremendous growth in recent years, with new businesses, restaurants, and entertainment venues popping up, attracting a vibrant and diverse community. Set up your private showing today!


Features & Amenities

Interior

General:
Cable Available,Ceiling Fan(s),Drywall,Smoke Alarm
Master Bedroom:
14x13 Level: Level 2 Above Grade
Kitchen:
15x12 Level: Level 1 Above Grade
Appliances:
Dishwasher,Microwave,Range-Elec,Refrigerator
Living Room:
13x13 Level: Level 1 Above Grade
Laundry:
Dryer Connection,Main Level,Separate Laundry Rm.,Washer Connections, 9x5 Level: Level 1 Above Grade
Basement:
Crawl Space
Den:
14x9 Level: Level 1 Above Grade
Flooring:
Carpet,Tile,Vinyl Plank
A/C:
Heat Pump
Heating:
Heat Pump

Exterior

General:
Vinyl Siding, Garden Space,Landscaped
Style:
Two Story

Construction

Roofing:
Shingle
General:
Two

Location

HOA Amenities:
0.0
Originating MLS:
Lynchburg
School District:
Lynchburg
County:
Lynchburg

Lot

Zoning:
CAMP DAVIS, PLOT 34, 02625004

Utilities

Water:
City
Sewer:
City

Financial

Source:
Lynchburg

This listing courtesy of:
Cornerstone Realty Group Inc, Richie Sparrow

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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