multiFamily

523 S Main St, Lexington Va 24450
  • $469,000
  • MLS #:136048


Square Ft:
  • 2,738 finished
  • 1369.00 unfinished
Neighborhood:
  • None

Property Type: multiFamily
Area: Lexington
Year Built: 1927
Design: Duplex
Exterior: Brick Solid
Roof: Metal
Cooling: Central
Heating: Gas
Floors: Vinyl, Wood
Basement: Full, Interior Access, Unfinished
Annual Taxes: 2650.00
Tax Year: 0
Directions: S. Main Street to Sellers Ave., house on the corner of Main and Sellers
First Floor Master Bedroom: Monthly
Conservation Easement: No
Deed Book: Inst #00040001882
Elementary School: Waddell
Middle School: Lylburn Downing
High School: Rockbridge Co
Historic: No
Plat: Yes
POA: No
Road Maintenance Agreement: No
Rooms: 2
Subdivision? No
Tax Map #: 28 11 1
Tax Rate: 1.06
Zoning: Residential
Lot #: Monthly
Average Rental: Over 1200
Owner Expenses: Insurance,Lawn Care
Rental Type: Monthly
Road Surface: Paved
Located in a lovely established traditional neighborhood only a few blocks from picturesque downtown Lexington. This duplex, c. 1937, sits on a beautiful corner lot at South Main St. and Sellers Ave. Currently a rental property with two units, this income producing investment property generates peak interest. Each unit has three bedrooms, a living room, dining room and eat-in kitchen. Beautiful Heart pine wood floors, original woodwork and charm! Both units have been maintained well and have both been recently painted. Plenty of storage access in the walk up attic or in the unfinished basement. This investment property has an excellent rental history and may also convert to a fantastic single family home. So much opportunity in a prime location

Updated: 5/25/21
Courtesy of
James Wm. Moore Real Estate Co.