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About This Home

This 3-bedroom, 3-bathroom residential multi family at 500 Stafford Street in Lynchburg, VA is listed for $187,900 ($108 per sqft). Built in 1929, the home offers 1,743 sqft of living space on a 0.17 acres lot.

Agent Description

Great Price !! Excellent Investment Opportunity !! 3 one bdrm units walking distance to University of Lynchburg.1st floor has a door between the two 1 bdrm apartments which if opened could make a 2 or 3 bdrm mmain level apartment & still have an upstairs unit .New laminate flooring & carpet throughout.

New interior paint,3 electric boxes, 3 hot water heaters,2 heat pumps on main level & a mini split in 2nd floor apart.2 car carport area under property. Aluminum siding.Two 1st floor apartments w/1 bdrm,1 bath,LR, Kitchens w/range, refrigerator & microwave (1 apartment has new butcher block countertops),1 second floor apartment w/ 1 bdrm LR,full ba

th (new sink & shower stall) & kitchen .Full walkout basement w/ laundry area.Shingle roof on main house Rubber roof over rear apartment.Corner lot.Previously rented for $1535 total .Last rented approx late in 2024.Covered front porch,large concrete patio at rear entry.Seller paid water which averaged 90 per month + grass cutting

Key Features

  • Built in 1929
  • 0.17 acre lot

Property Details

3 full
1929

Monthly Cost Estimate

$1,005/mo

20% down · 6.5% · 30 years

Principal$136
Interest$814
Insurance$55

Estimates only. Actual payments may vary.

Location

500 Stafford Street

Lynchburg, VA 24501

Newberne

Property Details

Parking

On StreetOff StreetCarport

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Questions & Answers

This 3-bedroom, 3-bathroom residential multi family at 500 Stafford Street is listed at $187,900 ($108/sqft). The estimated monthly payment is $814 based on 20% down at 6.5% interest.

Key features include: Built in 1929, 0.17 acre lot.

This property is listed by Jeff H Barker and can be reached at (434) 841-7537 or jeffbarkersells@gmail.com.

JB

Jeff H Barker

Agent at Re/Max 1st Olympic

(434) 841-7537

Listed by Re/Max 1st Olympic · View on Broker Site

MLS# 365913· Source: listhub· Updated 45 days ago

Copyright © 2026 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

500 Stafford Street, Lynchburg, VA 24501

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