Sq.Ft.8,332
Year1880
Karl Miller Realty
(434) 239-2394
Status:
Active
Property Type:Multi-Family
MLS #:342204
Sq. Feet:8,332
On Site:11 Days
Lot Size:3,049 Sq. Ft.
County:Lynchburg
Wills-Camp Lofts are the sought after mixed-use building on Main Street with all the cool features tenants want! This building has 5 residential lofts and one commercial space...and super bonus of a bank ATM generating additional solid rental income stream. One of the residential units is furnished and could easily be a short-term rental. Penthouse loft has incredible outdoor terrace. This building is convenient to several parking options for residents. More layout and income details will be provided for serious interested buyers. Building is sprinklered. Property is in the Rehab tax abatement program thru 6/30/31. This is the downtown investment opportunity you've been looking for!
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Community Information
Address:819 Main St, Lynchburg, VA 24504
Area:Lynchburg
County:Lynchburg
City:Lynchburg
Subdivision:Downtown-Central Business Dist
Zip Code:24504
School Information
Schools:Lynchburg
High School:Heritage High
Middle School:PL Dunbar Midl
Elementary School:Perrymont Elem
Architecture
Year Built:1880
Exterior Finish: Brick
Walls: Drywall
Unit 1: 1 Bed•1 Bath•$1,250 actual rent•1030.00 sq.ft.
Unit 2: 2 Beds•1 Bath•$1,095 actual rent•861.00 sq.ft.
Unit 3: 1 Bed•1 Bath•$1,050 actual rent•728.00 sq.ft.
Unit 4: 1 Bed•1 Bath•$975 actual rent•939.00 sq.ft.
Unit 5: 2 Beds•2 Baths•$1,950 actual rent•2500.00 sq.ft.
Parking: On-Street
Features / Amenities
Flooring: Ceramic Tile, Wood Floors
Shared Utilities: Indiv Meter/Electric
Cooling: Heat Pump
Heating: Heat Pump
Water Heater: Electric
Property Features
Lot Size:
0.07 Acres / 3,049 Sq. Ft.
Sewer: City
Water: City
Electric: American Electric
Zoning:B-4
Directions:Rt 29Bus to Main Street between 8th and 9th Streets. Across from Bank of the James.
Tax and Financial Info
Estimated Taxes: $3,115
Owner Pays: Exterior Maintenance, Sewer, Water
Gross Income: $109,020
Taxes Expense: $3,115 (paid Monthly)
Water/Sewer Expense: $150 (paid Monthly)
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819 Main St Lynchburg, VA 24504
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Listing Information Last Updated 2/1/2023
Listing provided courtesy of Consensus Real Estate Service,.
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The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
