2525 Rivermont AVE $650,000


    2525 Rivermont AVE Lynchburg, VA 24503

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 883818
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    Views: 9 Days On Site: 41

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    Property Details

    Gorgeous Queen Anne Victorian Revival structure with custom woodwork, hardwood floors, beautiful wainscoting and pocket doors that is currently being used as an insurance office. It has been fully updated with 3 new HVAC units installed in the last 5 years and front porch completely refurbished with new roof in the last 7 years. Space can be used as a home or office with current tenant willing to sign a lease. Located on the historic ''Avenue'' and within walking distance of post office, 4 restaurants, Riverside Park and Randolph College. Perfect location for your home or office!

    • General Features
      • Year Built 1904
      • Lease Type One Year
      • # of Vehicle Spaces 7.00
      • Owner Expenses None
      • Tenant Expenses All Utilities
      • Total Annual Expenses 12814.00
      • Gross Income 65000.00
      • Subdivision NA
      • Area 1900 - City of Lynchburg
    • Building Features
      • Total Units 1.00
      • Gross Building SqFt 4760.00
      • # of Leased Units 1.00
      • # of Unfurnished Units 0.00
      • # of Furnished Units 0.00
      • Construction Wood
      • Basement Partial Basement
      • Heating Radiator Gas Heat
      • Interior Features Alarm
    • Property Features
      • Total Acreage 0.35
      • Parking Description None
      • Sewer Description Public Sewer
      • Water Class N/A
      • Water Description Public Water
    • Schools
      • Elementary School Bedford
      • Middle School Other - See Remarks
      • High School Other - See Remarks



    24503 (Lynchburg) Demographics

    43 Median Age
    455 Population Density (per sq. mile)
    62% College Educated
    $75,353 Estimated Median Income
    5,528 Estimated Total Home Owners
    2,180 Estimated Total Renters
    72% / 28% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    19,349 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    21 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $650,000
        9/16/2021 6:19:00 AM New in Database Source: Multiple Listing Service New Value: $650,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.