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    FOR SALE
    Triplexes

    405 Langhorne Ln Lynchburg, VA 24501

    2,596 SF Built 1918
    Property ID
    US87-1763510
    405 Langhorne Ln, Lynchburg, VA 24501 For Sale 1 / 85
    $325,000 2,596 SF
    405 Langhorne Ln, Lynchburg, VA 24501
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    AI-generated overview

    Full-of-Character, 3-unit apartment bldg near University of Lynchburg! The main floor apartment is accessed via bluestone steps to the welcoming 24' front porch! Downstairs Apt A's 1298 sf includes a large LR, 2 storage closets, 2 bedrooms, a decorative flex room. French doors close off the kitchen & hall. Entering from the side, Apt B has a large LR + 1 Bedroom with pretty wood floors, 2 large closets, kitchen, bath. Apt C has a LR + 1 large bedroom/large closet. The kitchen has 2 windows & lots of storage. Each unit has it's own Trane heat pump, electric panel, storm windows, bathtub/showers. The shingle roof is 2 years old. The plumbing is mostly original. There is K&T active for the attic, new sewer line from the street. Owner pays water. A washer/dryer on back porch can be shared by all or kept for Apt A only (Use coin-operated for extra income) Here is a Great OPPORTUNITY for investors OR homeowners: the Rents can help pay your mortgage! Seller offering $5000 credit towards CC

    Property profile
    Verified
    Property type Triplexes
    Year built 1918
    Total area 2,596 SF
    UPID US87-1763510
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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