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1403 Gates Street, Lynchburg, VA 24502

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For Sale
Sale Pending

$249,900

4 beds • 2 baths • 1,755 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $142.39
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Centrally located in the heart of Lynchburg, this well-maintained brick bungalow offers flexible living and investment potential. Featuring 4 bedrooms and 2 full bathrooms, the home is currently set up as a fully furnished Airbnb upstairs with a proven rental track record, and a finished basement apartment belowperfect for a house hack, duplex setup, or continued short-term rental success. Whether you're an investor looking to expand your portfolio or a homeowner seeking to offset your mortgage by renting one unit while living in the other, this property delivers. Ideal for Liberty University or University of Lynchburg students and families, it also presents a smart opportunity for parents looking to save on student housing. Just minutes from schools, shopping, and restaurantsdon't miss your chance to own this versatile and income-producing property!
MLS# 359329

Courtesy Of The Realty Group Lynchburg dba Keller Williams

(434) 534-9113

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Ranch
  • Exterior Type
    Brick
  • Floor Covering
    Carpet, Hardwood, Tile
  • Lot Size
    0.27 Acres
  • Rooms
    Basement, Kitchen, Living Room

Map and Directions

Directions to 1403 Gates Street, Lynchburg, VA 24502

Home seller CENTURY 21 ALL-SERVICE

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 ALL-SERVICE

(434) 237-7777
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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