5036 Fort Ave Unit 1 & 2, Lynchburg, VA, 24502

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5036 Fort Ave Unit 1 & 2, Lynchburg$369,900

Buyer Closing Credits

$4,393^*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence

Year BuiltNew Const., 1949

HeatingHeat Pump

CoolingCentral Air

BasementYes

WaterfrontFencing

Fireplace2 Fireplaces, Stone

MLS #351876

Lot Size0.35 Acres

StatusActive

About 5036 Fort Ave Unit 1 & 2

Three Streams of Income! A Duplex and a separate Studio Apartment on a large lot with ample parking. Unit #2 has a large unfinished basement with a wood burning fireplace. The rear of the property is fenced in with gates at each end. Great location and income generator. The duplex is currently rented and the separate studio efficiency (27.4 x 14.3) is being used for storage. Unit #1 refrigerator, electric range, microwave, dishwasher convey. Unit #2 electric range, dishwasher convey. The units are in good condition. Laundry area for Unit #2 is in the lower level. Please see the marketing floorplan for both units. Only 8 minutes to LU and 6 minutes to Lynchburg University. Zoned B-1.

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Property Details

Property Features

Property Information:

• Architectural Style: Ranch
• Year Built: 1949
• Stories: 1
• Living Area: 2,401 SqFt

Listing Office:

• Office Name: Lynchburg's Finest Team LLC
• Listing Agent: Yvonne Jansen

Interior Features

Interior Information:

• Appliances: Dishwasher, Disposal, Microwave, Refrigerator
• Basement: Yes
• Flooring Type: Ceramic Tile, Hardwood, Vinyl
• Interior: Cable Available, Cable Connections, Drywall, Main Level Den, Walk-In Closet(s), Workshop
• Fireplace: 2 Fireplaces, Stone

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 2
• Total Bedroom Count: 6

Exterior Features

Exterior Information:

• Waterfront: Fencing
• Exterior: Fenced Yard

Lot Features

Lot Information:

• Lot: Fencing
• Lot Size: 0.35 Acres

Utilities

Utilities Information:

• Heating: Heat Pump
• Cooling: Central Air

School Info

Assigned Schools Information:

• Heritage High School, Public District Grades 9-12
• Paul Laurence Dunbar Middle For Innovation, Public Magnet Grades 6-8
• Sheffield Elementary School, Public District Grades PK-5

Other

Directions Information:

• Directions: Please use Google Maps. Hailey's Appliances is across the street.

Price Information

Listing Price Info

Price Summary:

• List Price: $369,900
• Price Per SqFt: $154/SqFt

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Housing Market Comparison

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

Lynchburg, VA

City

Med. Sold Price

$259.9K

Med. Price/SqFt

$150

Avg. Days On Market

26

# of Sold Homes

95

5036 Fort Ave Unit 1 & 2 vs Lynchburg

4 DAYS ON ROCKET

-22 Days

$369,900

+$109.9K More

$154/SqFt

+$3 More

KEY TAKEAWAY

This property is $109.9K more than the Median Sold Price and $3/SqFt more than other homes in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: Lynchburg
• MLS Number: #351876

Listing Office:

• Office Name: Lynchburg's Finest Team LLC
• Listing Agent: Yvonne Jansen

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: 4/28/2024, 2:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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**Disclosures

Rocket Homes›Virginia›Lynchburg›24502›5036 Fort Ave Unit 1 & 2

This home is located at 5036 Fort Ave Unit 1 & 2 in Lynchburg, VA and zip code 24502 in the Fort Hill neighborhood. This 2,401 square foot home, which was built in 1949, sits on a 0.35 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $369,900.

In March 2024, from all listings sold in Lynchburg, VA there were more than 24 sold above asking price, over 32 sold below and more than 39 were sold right at the asked price. The number of listings in Lynchburg, VA increased by 58.5% between February 2024 and March 2024. The median list price of listings available in March 2024 was $259,971, while the average time on the real estate market was 26 days.

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