




2228 Tulip St, Lynchburg, VA, 24504
4beds
2baths
1,680sqft
$174,900
$104price/sqft
$1,352/moest. monthly cost
$54,080/yrincome needed
About This Home
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.
Getting Around
20
29
3
Schools
4/10
3/10
2/10
Construction
Condition
- Year built: 1917
Materials
- Construction materials: Drywall,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Electric Water Heater,Unit 1(Dishwasher,Dryer,Range/Oven,Refrigerator,Washer),Unit 2(Dishwasher,Disposal,Dryer,Range/Oven,Refrigerator,Washer)
- Laundry features: Unit 1(Dryer Hookup,Washer Hookup),Unit 2(Dryer Hookup,Washer Hookup)
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Carpet,Vinyl,Wood Floors,Unit 1 Carpet
- Fireplace: Yes
Heating & Cooling
- Heating features: Heat Pump,Wall/Space Unit
- Cooling features: Heat Pump
Interior Area
- Total structure area: 1,680
- Total interior livable area: 1,680 sqft
Property
Details
- Parcel number: 04707025
Lot
- Lot size: 5,388 sqft
Parking
- Parking features: Off Street,On Street
- Has uncovered spaces: Yes
