86 Salem Road Evington, VA $ 299,900
86 Salem Road
$ 299,900
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86 Salem Road

Evington, VA, 24550
$ 299,900
Bedrooms6 Baths4.0 Sq 3,480

Monthly Estimate*

$ 2,095

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Multi-Family Home for sale in Evington, VA

for $299,900 with 6 bedrooms and 4 full baths. This 3,480 square foot home was built in 1976 on a lot size of 0.309.

Located in Campbell County less than 10 minutes from Liberty University and 5 minutes to shops, restaurants, and businesses on Timberlake Rd is this 4 plex investment property waiting for its new owner! Two of the units feature spacious 2 bedrooms and 1 bathroom layout, while the remaining two units downstairs offer a cozy 1 bedroom and 1 bath configuration. Currently all 4 units are leased generating a total gross income of $2,080/month showcasing the properties strong revenue potential and stability. This steady income stream provides investors with a lucrative opportunity to capitalize on the thriving rental market in Lynchburg. Whether you're a seasoned investor looking to expand your portfolio or a discerning buyer seeking a profitable income property, this 4 plex is located in a fantastic spot in close proximity to all Lynchburg has to offer. Don't wait long!

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Multi-Family Pending

Price

$ 299,900

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,052

Style

Multi-Family

Lot Size

0.309

Year Built

1976

Town/City

Evington

County/Region

Campbell

MLS | Web ID

351715

Features
General
Sewer Septic Tank
Heating Electric Baseboard Forced Warm Air-Elec
Cooling Central Electric Window Unit(s)
Zoning R
HOA 0.00
Year Built 1976
Property SubType Multi-Family
Gross Income 24960.00
County Campbell
Net Operating Income 0.00
Insurance Expense 0.00
Property Type Multi-Family
Close Price 0.00
Status Pending
City Evington
High School District Campbell
Total Units 4
MLS Area Campbell
Lot Size Square Feet 13460.00
Street Name Salem
Electric Expense 0.00
Water Sewer Expense 0.00
Availability Date 1800-01-01
Days on Market 3
Lease Type Net
Legal Description SUNBURST HILLS LOT 26
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Interior
Flooring Carpet Vinyl
3/4 Baths 0
Street Suffix Road
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Exterior
Parking Features Off Street Parking
Water Source Well
Lot Size Acres 0.3090
Lot Size Units Acres
Lot Size Source (Public Records)
Foundation Area 0.00
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 0
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Internal Only
Street Number 1 86
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* Excluded Features
List By
Thomas Nolen

Listing Agent

Nolen Real Estate

Broker

nolenrealestate@gmail.com

Email

Affordability Calculator

$2,183
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,095
Monthly Property Taxes
$88
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2591928 Elementary School
2591917 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2024$299,900 Listed Price

Map


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86 Salem Road, Evington, VA, 24550 is a Multi-Family Home for sale at $299,900 with 3,480 sqft and a lot size of 0.309. 86 Salem Road has 6 bedrooms, 4.0 baths, and was built in 1976. The property's zip code is 24550 which is in Evington, VA