1200 Liggates Road
Lynchburg, VA 24502
--
Bed
0
Bath
10,692Sqft
0.53Acre(Lot)
Discover a prime investment opportunity in Lynchburg! This is a well-maintained, brick, two-story walk-up with basement. It is conveniently located at 1200 Liggates Rd and features two buildings, 12 residential units and generating positive cash flow at full occupancy. Recent upgrades: 75% of units have been renovated since 2023, to include updated flooring, paint, cabinets & counters as needed, new windows, new heat pumps, new roof; shared common areas renovated (2025); Shared Laundry in basement that is coin operated for extra income! Ample parking, and centrally located in Lynchburg! Close to Liberty University, restaurants, shopping and local amenities, it's positioned for strong returns - act now to secure this opportunity!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Vinyl -
Interior Features
Appliances: Electric Water Heater Laundry Features: Common Area -
Heating & Cooling
Has Heating: Yes Heating: Heat Pump Has Cooling: Yes
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Building Information
Year Built: 1962 Building Area Total: 10692 Construction Materials: Brick Private Pool: No
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Lot Information
Lot Size Acres: 0.525 Lot Size Source: Public Records Lot Size Square Feet: 22869Property Information
Subdivision: Commercial Misc Source Property Type: Residential Income Postal Code Plus 4: 4800 Property SubType: Multi Family Property Age: 64
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Listing Price Information
Listing Price: $1050000 Original Price: $1200000
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Tax Information
Parcel Number: 02909006 Annual Tax: $5465 Tax Legal Desc: EDLEY, BLK 6, PT LOT 6
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Parking Information
Parking Lot, Off Street, Paved
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School Information
Elementary School: Sheffield ElemJunior High School: PL Dunbar MidlSenior High School: E. C. Glass High -
Location Information
Direction: Take Fort Ave. to Liggates Rd. 1200 Liggates Rd on the corner of Fort Ave and Liggates Rd. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4519 Alabama Avenue, Lynchburg, VA, 24502 | $269,900 | -- | -- | 1,607 | 1,607 SqFt |
| 6000 Igloe Drive, Lynchburg, VA, 24502 | $309,900 | -- | -- | 2,400 | 2,400 SqFt |
| 85 Deer Creek Drive, Lynchburg, VA, 24502 | $324,900 | -- | -- | 1,792 | 1,792 SqFt |
| 2595 Waterlick Road, Lynchburg, VA, 24502 | $55,000,000 | -- | -- | 25,000 | 25,000 SqFt |
| 1664 Graves Mill Road, Lynchburg, VA, 24502 | $899,000 | -- | -- | 6,792 | 6,792 SqFt |
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Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Lynchburg Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Lynchburg Association of REALTORS®. All Rights Reserved.
ByOwner last updated this listing 06/13/2026 @ 03:29
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