1609 Rivermont Avenue
$349,900
7
3
1
3,267
3,267
$107
Description
Located in the heart of downtown Lynchburg, 1609 Rivermont Ave is a rare gem, offering both timeless character and modern cashflow potential. This beautifully restored historic property has been converted into a fully occupied triplex, making it an ideal addition to any investor's portfolio. Each unit is currently leased, ensuring immediate income and long-term stability. With its prime location on the iconic Rivermont Avenue, tenants enjoy proximity to vibrant shops, dining, and entertainment, making...Located in the heart of downtown Lynchburg, 1609 Rivermont Ave is a rare gem, offering both timeless character and modern cashflow potential. This beautifully restored historic property has been converted into a fully occupied triplex, making it an ideal addition to any investor's portfolio. Each unit is currently leased, ensuring immediate income and long-term stability. With its prime location on the iconic Rivermont Avenue, tenants enjoy proximity to vibrant shops, dining, and entertainment, making this a highly desirable rental property. Don't miss your chance to own a piece of Lynchburg's history while enjoying consistent returns. Schedule a showing today and experience firsthand the potential of 1609 Rivermont Ave.
- Listed by Noah Kessler • Keller Williams
Property Details for 1609 Rivermont Avenue
Subdivision/Complex
Middle Rivermont
ParkingOn-Street
DirectionsTake Rivermont Ave to 1609.
LISTING UPDATED: 10/14/2024 12:00 PM
Property Details for 1609 Rivermont Avenue
Status | Active |
---|---|
MLS # | 354754 |
Days on Market | 44 |
Taxes | $2,150 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Multi-Family |
Year Built | 1912 |
Lot Size | 0.18 AC / 8,046 SF |
County | Lynchburg |
Building Information for 1609 Rivermont Avenue
Stories-Residences3Year Built1912Building Size-Lot Size0.18 AC / 8,046 SF
Property Information for 1609 Rivermont Avenue
Property History for 1609 Rivermont Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1609 Rivermont Avenue
Taxable ValueLand$35,000Additions$282,800Total$317,800
Tax Record2024$2,828 ($236 / month)
Home Facts
Total Finished SqFt2,490 SqFtAbove Grade Finished SqFt2,490 SqFtStories2Lot Size8,046 SqFtStyleMulti-Family Dwelling (2-4)Year Built1912ZoningR3CountyLYNCHBURG CITYAPN021 14 001
Schools near 1609 Rivermont Avenue
This home is within Lynchburg City Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Bedford Hills Elementary School PublicPK to 5 | ||
Linkhorne Middle School Public6 to 8 | ||
E.C. Glass High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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