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About This Home
This 5-bedroom, 2-bathroom residential multi family at 416 Belvedere Street in Lynchburg, VA is listed for $347,900 ($182 per sqft). Built in 1959, the home offers 1,912 sqft of living space on a 0.23 acres lot.
Immaculate, fully furnished duplex with a proven track record of strong income through consistent short- and mid-term rentals. Gross 2025 income - $37,000, Gross 2026 income year to date- 18,000. Both units have been thoughtfully updated with fresh paint, modern lighting, updated appliances, ring cameras and a reglazed bath.
The upper level offers 3-bedroom, 1 full bath , while the lower level features 2 bedrooms and 1 full bath. Designed as a true duplex, each unit includes separate utilities, its own laundry, and individual heat pumps for added comfort and efficiency. Ideally located near the hospital, the property has historically attracted travel nurse tenants. The interiors are tastefully styled with an inviting, modern design, showcasing careful maintenance and attention to detail throughout.
Key Features
- Built in 1959
- 0.23 acre lot
Property Details
Monthly Cost Estimate
$1,861/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
416 Belvedere Street
Lynchburg, VA 24503
Randolph College Area
Property Details
Heating
Cooling
Questions & Answers
This 5-bedroom, 2-bathroom residential multi family at 416 Belvedere Street is listed at $347,900 ($182/sqft). The estimated monthly payment is $1,508 based on 20% down at 6.5% interest.
Key features include: Built in 1959, 0.23 acre lot.
This property is listed by Jimmy L Rufus Jr. and can be reached at (866) 825-7169 or jimrufus@outlook.com.
