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About This Home
This 3-bedroom, 2-bathroom residential multi family at 1200 Liggates Road in Lynchburg, VA is listed for $1,050,000 ($98 per sqft). Built in 1962, the home offers 10,692 sqft of living space on a 0.53 acres lot.
Discover a prime investment opportunity in Lynchburg! This is a well-maintained, brick, two-story walk-up with basement. It is conveniently located at 1200 Liggates Rd and features two buildings, 12 residential units and generating positive cash flow at full occupancy.
Recent upgrades: 75% of units have been renovated since 2023, to include updated flooring, paint, cabinets & counters as needed, new windows, new heat pumps, new roof; shared common areas renovated (2025); Shared Laundry in basement that is coin operated for extra income! Ample parking, and centrally located in Lynchburg! Close to Liberty University, restaurants, shopping and local amenities, it's positioned for strong returns - act now to secure this opportunity!
Key Features
- Built in 1962
- 0.53 acre lot
Property Details
Monthly Cost Estimate
$5,616/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1200 Liggates Road
Lynchburg, VA 24502
Commercial Misc
Property Details
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom residential multi family at 1200 Liggates Road is listed at $1,050,000 ($98/sqft). The estimated monthly payment is $4,550 based on 20% down at 6.5% interest.
Key features include: Built in 1962, 0.53 acre lot.
This property is listed by Callie Reyes and can be reached at (434) 237-6267 or callie@nbshomesva.com.