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About This Home
This 4-bedroom, 2-bathroom residential multi family at 2228 Tulip Street in Lynchburg, VA is listed for $174,900 ($104 per sqft). Built in 1917, the home offers 1,680 sqft of living space on a 0.12 acres lot.
Fully occupied and cash-flowing from day one, this Lynchburg duplex generates a strong $1,700/month ($900 Unit A, $800 Unit B). Unit A is beautifully maintained, while Unit B, located on the second floor for added privacyhas been extensively updated with new kitchen countertops, cabinets, appliances, LVP flooring, fresh paint, a new toilet, and vanity.
Separate electric meters for each unit support efficient management, with a single water meter. The property also features brand-new exterior paint, enhancing curb appeal. With stable in-place income and recent improvements, this is a low-maintenance, income-producing asset that's hard to pass up.
Key Features
- Built in 1917
- 0.12 acre lot
Property Details
Monthly Cost Estimate
$935/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2228 Tulip Street
Lynchburg, VA 24504
White Rock
Property Details
Parking
Heating
Cooling
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 2228 Tulip Street is listed at $174,900 ($104/sqft). The estimated monthly payment is $758 based on 20% down at 6.5% interest.
Key features include: Built in 1917, 0.12 acre lot.
This property is listed by Noah Gatto and can be reached at (434) 401-6785 or ngatto@acreebrothersrealty.com.
