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About This Home
This 4-bedroom, 2-bathroom multi-family at 205 Diamond St in Lexington, VA is listed for $229,000 ($124 per sqft). Built in 1937, the home offers 1,848 sqft of living space on a 0.14 acres lot.
Investment opportunity in the heart of Lexington! This well-located duplex offers incredible potential just up the street from Virginia Military Institute and within easy walking distance to downtown Lexington. Each unit features its own private entrance, full kitchen, spacious living room, two bedrooms, and a full bathroom--providing comfortable and functional living spaces for tenants.
Outdoor living spaces on the covered front porch, back deck or fenced yard. The property has produced consistent rental income for many years, making it an excellent addition to an investment portfolio or an ideal opportunity for an owner-occupant seeking supplemental income. With strong rental history already in place, this duplex also presents exciting potential for improvements and value-add updates.
Key Features
- Built in 1937
- 0.14 acre lot
Property Details
Monthly Cost Estimate
$1,225/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
205 Diamond St
Lexington, VA 24450
Features & Amenities
Exterior Features
Property Details
Flooring
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom multi-family at 205 Diamond St is listed at $229,000 ($124/sqft). The estimated monthly payment is $992 based on 20% down at 6.5% interest.
Key features include: Built in 1937, 0.14 acre lot. Exterior Features: Deck, Fenced Yard, Porch.
This property is listed by Kara F. Braddick and can be reached at 5404600484 or kara@braddickrealtygroup.com.