# 1200 Liggates Road, Lynchburg, VA 24502

> **TL;DR:** 3bd/2ba residential multi family, $1,050,000 ($98/sqft), built 1962, 10,692 sqft. Est. $4,550/mo. Listed 163 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,050,000 |
| Price/sqft | $98 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 10,692 |
| Year Built | 1962 |
| Lot Size | 22,869 sqft (0.53 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 163 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,550 |
| **Total** | **$4,550** |

## Nearby Schools

- **Elementary:** Sheffield Elem
- **Middle:** PL Dunbar Midl
- **High:** E. C. Glass High

## Property Highlights

- Built in 1962
- 0.53 acre lot

## Description

### Agent Description
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!

## Location

- **Address:** 1200 Liggates Road, Lynchburg, VA 24502
- **County:** Lynchburg
- **Neighborhood:** Commercial Misc
- **Coordinates:** 37.386439, -79.175458
- **Google Maps:** https://www.google.com/maps?q=37.386439,-79.175458

## Listing Agent

- **Name:** Callie Reyes
- **Brokerage:** Mark A. Dalton & Co., Inc.
- **Phone:** (434) 237-6267
- **Email:** callie@nbshomesva.com

## Primary Photo

![1200 Liggates Road - Primary Photo](http://lh.rdcpix.com/99baca743eda343dfc23cdbed728f6ccl-f224749985r.jpg)

*36 total photos available on [listing page](https://www.propertysimple.com/listing/1200-liggates-road-lynchburg-va-24502-s362720)*

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**MLS#:** 362720 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1200-liggates-road-lynchburg-va-24502-s362720)

---

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