819 Main St

Lynchburg, VA 24504 View Map $1,374,900 Schedule a Tour
Sq.Ft.8,332
Year1880

Karl Miller Realty

(434) 239-2394

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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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$000 Monthly Payment
Loan and interest only.

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Community Information

Address:819 Main St, Lynchburg, VA 24504
County:Lynchburg
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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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,.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Karl Miller Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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.