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About This Home

This 4-bedroom, 4-bathroom residential multi family at 112 Water Gate Drive in Lynchburg, VA is listed for $289,900. Built in 1987, on a 0.22 acres lot.

Agent Description

Great opportunity to own a twostory duplex with 2 bedrooms and 1.5 baths per unit, plus an unfinished basement for storage or future expansion. Each side includes a heat pump and appliances convey. Ideal for investors or homeowners looking to offset their mortgage by renting the second unit.

Key Features

  • Built in 1987
  • 0.22 acre lot

Property Details

2 full, 2 half
1987

Monthly Cost Estimate

$1,550/mo

20% down · 6.5% · 30 years

Principal$210
Interest$1,256
Insurance$85

Estimates only. Actual payments may vary.

Location

112 Water Gate Drive

Lynchburg, VA 24502

Water Gate

Property Details

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 112 Water Gate Drive is listed at $289,900. The estimated monthly payment is $1,256 based on 20% down at 6.5% interest.

Key features include: Built in 1987, 0.22 acre lot.

This property is listed by Frankie E Viar and can be reached at (434) 239-2121 or frankie.viar1@verizon.net.

FV

Frankie E Viar

Agent at Century 21 ALL-SERVICE

(434) 239-2121

Listed by Century 21 ALL-SERVICE · View on Broker Site

MLS# 365894· Source: listhub· Updated 2 days ago

Copyright © 2026 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

112 Water Gate Drive, Lynchburg, VA 24502

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