multiFamily

618 S Main St, Lexington Va 24450
  • $319,900
  • MLS #:132699


Square Ft:
  • 2,464 finished
  • 0.00 unfinished
Neighborhood:
  • None

Property Type: multiFamily
Area: Lexington
Year Built: 1907
Design: Duplex
Exterior: Wood
Roof: Metal
Utilities: Cable, Electric, Gas, High Speed Internet
Cooling: None
Heating: Forced Air, Gas, Radiator
Floors: Tile, Vinyl, Wood
Basement: Dirt Floor, Slab, Unfinished, Walkout
Annual Taxes: 3100.00
Tax Year: 0
Directions: Prominently located on South Main Street next to the Lexington Fire Department, walking distance to Historic downtown Lexington
First Floor Master Bedroom: Monthly
Conservation Easement: No
Covenants: Animal Restrictions, No Double Wides, No Single Wides, No Unlicense Vehicle
Deed Book: 040002398
Elementary School: Waddell
Middle School: Lylburn Downing
High School: Rockbridge Co
Historic: No
Plat: No
POA: No
Road Maintenance Agreement: No
Rooms: 2
Subdivision? No
Tax Map #: 34-1-2b
Tax Rate: 1.11
Zoning: Residential
Lot #: Monthly
Average Rental: Over 1200
Owner Expenses: Snow Removal
Parking: Carport
Rental Type: Monthly
Road Surface: Paved
Exceptional large late Victorian house on a level elevated parcel almost three- quarters of an acre with an inviting L-shaped covered porch, extra large upper deck with an extra covered porch. This house has a new standing seam roof, and fresh paint inside and out.This has been an income producing property for fourteen years bringing in $28,600 a year. Starting 6/1/2018 it will have an increase to $31,200 per year.It would also be great for someone to live on one floor and rent the other floor, and paying for most or all of mortgage payment, or live on one floor and apply for a limited square foot business use on the other floor.Owner is offering up to 3% from proceeds towards closing costs.Features large bedrooms, three baths, two kitchens, and hardwood floors thru out.

Updated: 3/23/18
Courtesy of
James River Realty - Lexington