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1200 Liggates Road, Lynchburg, VA 24502

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For Sale

$1,200,000

3 beds2 baths

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

Discover a prime investment opportunity in Lynchburg! This is a well-maintained, brick, two-story walk-up with basement. It is conveniently located at 1200 Liggates Rd and features two buildings, 12 residential units and generating positive cash flow at full occupancy. Recent upgrades: 75% of units have been renovated since 2023, to include updated flooring, paint, cabinets & counters as needed, new windows, new heat pumps, new roof; shared common areas renovated (2025); Shared Laundry in basement that is coin operated for extra income! Ample parking, and centrally located in Lynchburg! Close to Liberty University, restaurants, shopping and local amenities, it's positioned for strong returns - act now to secure this opportunity!
MLS# 362720

Courtesy Of Mark A. Dalton & Co., Inc.

(434) 841-8405

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Vinyl
  • Lot Size
    0.52 Acres

Map and Directions

Directions to 1200 Liggates Road, Lynchburg, VA 24502
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Monthly Payment Breakdown

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  • Property Taxes
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  • Hazard Insurance
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