3 months on rocket

1009 Longwood Ave, Bedford, VA, 24523

$1,999,999

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1009 Longwood Ave, Bedford$1,999,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street, Parking Lot
Year Built1937
HeatingHeat Pump, Other
CoolingHeat Pump, Wall Unit(s)
MLS #350424
Lot Size1.36 Acres
StatusActive

About 1009 Longwood Ave

Originally the Bedford Hospital and Administrative building in the 1930's. Then converted to multi-family in the 60's. Now updated and ready to sell. This is an Amazing investment opportunity in the Heart of Bedford! This multi-family housing offers 17 individual units, with a variety of floor plans and laundry room onsite. Please call for additional information.

Property Details

Property Features

Property Information:

  • Year Built: 1937

Listing Office:

  • Office Name: Magnolia Mountain Realty
  • Listing Agent: Hope Metzger

Interior Features

Interior Information:

  • Flooring Type: Carpet, Ceramic Tile, Vinyl, Wood Floors

Exterior Features

Parking Information:

  • Parking: On-Street, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 1.36 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Other
  • Cooling: Heat Pump, Wall Unit(s)

Other

Directions Information:

  • Directions: 221 to Longwood Ave. Property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,999,999
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Housing Market Comparison

See how this home compares to others in Bedford, VA.

Med. Sold Price

$269.1K

Med. Price/SqFt

$163

Avg. Days On Market

29

# of Sold Homes

27

1009 Longwood Ave vs Bedford

95 DAYS ON ROCKET

+66 Days

$1,999,999

+$1.7M More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price in Bedford, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #350424

Listing Office:

  • Office Name: Magnolia Mountain Realty
  • Listing Agent: Hope Metzger

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. Copyright 2024 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/14/2024, 6:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-668745
3
/10
  • Bedford Elementary School

  • 806 Burks Hill Rd

  • 1.60 miles

  • Public District Grades 2-5

school-card-donut-668746
6
/10
  • Otter River Elementary School

  • 1044 Otter River Dr

  • 4.71 miles

  • Public District Grades PK-5

school-card-donut-668747
5
/10
  • Montvale Elementary School

  • 1 Little Patriot Dr

  • 10.92 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,091. Typical income of Bedford, VA residents is between $35k-100k annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesVirginiaBedford CountyBedford245231009 Longwood Ave

This home is located at 1009 Longwood Ave in Bedford, VA and zip code 24523. This home, which was built in 1937, sits on a 1.36 acre lot. It has been listed on Rocket Homes since February 09, 2024 and is currently priced at $1,999,999.

Over 6 listings were sold over their listed price in April 2024 in Bedford, VA. In the same period over 9 listings were sold below the listed price and 12 listings were sold for the listed price. The inventory of homes for sale in Bedford, VA between March 2024 and April 2024 increased by 32.6%. While the average time on the market in April 2024 was 29 days, the median list price was $269,100.

From Rocket Homes Real Estate and based on county public records data.

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