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Monthly Estimate*
$ 6,209
Don't miss this income-producing 8-plex (16 bedrooms/ 8 baths) ideally located in a high-traffic corridor on Graves Mill Road, surrounded by established restaurants, businesses, and everyday conveniences. This prime location offers easy access to the expressway, airport, and local colleges, making it highly desirable for tenants. Each of the eight units features 2 bedrooms and 1 full bath, offering a functional and in-demand layout. The property is shown by appointment only. Do Not go to the property, or approach tenants. A bank letter or proof of funds will need to be provided prior to making an appointment. With a monthly income of $7,700, this property presents a solid return with room for future growth. Its strong rental history, excellent location, and consistent demand make it a great addition to any investment portfolio. A rare opportunity to own a multi-family property in a thriving commercial area with long-term upside potential.
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1664 Graves Mill Road, Lynchburg, VA, 24502 is a Multi-Family Home for sale at $899,000 with 6,792 sqft and a lot size of 0.7007. 1664 Graves Mill Road has 12 bedrooms, 6.0 baths, and was built in 1970. The property's zip code is 24502 which is in Lynchburg, VA
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