4801 Boonsboro RD, Lynchburg, VA 24503
$295,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
27,443
Status:
Closed
Current Price:
$295,000
List Date:
11/24/2025
Last Modified:
12/16/2025
Description
Fantastic investment opportunity in the highly sought-after Boonsboro area of Lynchburg! This well-located brick triplex features three separate units, each offering two bedrooms and private entrances, along with three individual utility meters for easy management. The two upper units include hardwood floors, fireplaces, nice bathrooms, while the lower unit provides great value-add potential with a little TLC. A shared laundry area is conveniently located in the basement with storage. Tenants will enjoy ample parking options with both off-street and on-street parking available, plus a massive backyard offering outdoor space and future improvement possibilities. This is a rare chance to own an income-producing property in one of the most desirable neighborhoods in The Hill City!
More Information MLS# 923020
General Property Description
Lot Dimensions: 27,486 SQ FT
Multi-Family Type: Triplex
Construction Status: Completed
Total Acreage: 0.63
Present Use: Converted
# Furnished: 0
# Unfurnished: 3
# Leased Units: 2
Gross Bldg SQFT: 1908
Basement Y/N: Yes
Water Class: N/A
Parking Description: Other - See Remarks
Gross Income: 0
Year Built: 1961
Number of Units: 3
Location, Tax & Legal
Major Area: 19 - City of Lynchburg
Phase: 0
Lot: 0
Block: 0
Tax ID: 182 09 008
Annual Taxes: 2462.88
Section: 0
POA Y/N: No
Area: 1900 - City of Lynchburg
Street Number: 4801
Street Name: Boonsboro
Street Suffix: RD
State/Province: VA
Zip Code: 24503
Subdivision: N/A
Municipality: City of Lynchburg
Elementary School: Other - See Remarks
Middle School: Other - See Remarks
High School: Other - See Remarks
Remarks & Misc
Directions: Off Boonsboro Rd
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Basement
Full: 1
Views
Sunrise: 1
Sunset: 1
Heating
Heat Pump Gas: 1
Misc Features
Other - See Remarks: 1
Miscellaneous Info
Public Transport: Yes
Cooling
Central Air: 1
Fireplace
Masonry: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Water Heater Type
Tank: 1
Water Heater Energy
Natural Gas: 1
Amenities Common
Cable TV: 1
Lease Type
One Year: 1
Renewal Option: 1
Owner Expenses
Gas: 1
Water: 1
Interior Features
Attic Fan: 1
Breakfast Area: 1
Storage: 1
Internet Access
Cable: 1
Tenant Expenses
All Utilities: 1
Deposit: 1
Contract Information
Current Price: $295,000
Sold Price: $295,000
List Date: 2025-11-24
Status: Closed
Status Change Info
Ratified Contract Dt: 2025-12-01
Sold Date: 2025-12-16
Sold Price: $295,000
Property Features
Limited Service: Not Limited Service
Construction: Brick
Basement: Full
Heating: Heat Pump Gas
Cooling: Central Air
Fireplace: Masonry
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Natural Gas
Amenities Common: Cable TV
Lease Type: One Year; Renewal Option
Owner Expenses: Gas; Water
Interior Features: Attic Fan; Breakfast Area; Storage
Misc Features: Other - See Remarks
Internet Access: Cable
Views: Sunrise; Sunset
Tenant Expenses: All Utilities; Deposit
Listing Office: WALKER REAL ESTATE SOLUTIONS
Last Updated: December - 16 - 2025
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