Fantastic Investment Opportunity! This duplex is Fully Occupied so you already have built-in cashflow. Separate Electric Meters, owner only pays for water. One unit just underwent a full renovation before the current tenant. This property is situated among other rental properties, a bus line, and within minutes of the hospital and downtown Lynchburg. There is a limited showing schedule in place as to not disturb our amazing tenants. Photos taken right before current tenant moving in. Please contact agent to set up a showing time!
Property Details
Property Features
Property Information:
Year Built: 1959
Living Area: 1,578 SqFt
Listing Office:
Office Name: Raven Realty LLC
Listing Agent: Fernando Ponce
Interior Features
Interior Information:
Flooring Type: Carpet, Vinyl
Exterior Features
Parking Information:
Parking: On-Street
Lot Features
Lot Information:
Lot Size: 0.36 Acres
Utilities
Utilities Information:
Heating: Heat Pump
Cooling: Central Air
School Info
Assigned Schools Information:
E.C. Glass High School, Public District Grades 9-12
Linkhorne Middle School, Public District Grades 6-8
Dearington Elementary/Innovation, Public Magnet Grades PK-5
Other
Directions Information:
Directions: Take Langhorne to Kulman Place. Once on Kulman Place the property is the first on the left side.
Price Information
Listing Price Info
Price Summary:
List Price: $229,000
Price Per SqFt: $145/SqFt
Tax Information:
Annual Amount: $1,403
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Lynchburg, VA.
This property is $39.1K less than the Median Sold Price and $8/SqFt less than other homes in Lynchburg, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Lynchburg
MLS Number: #352356
Listing Office:
Office Name: Raven Realty LLC
Listing Agent: Fernando Ponce
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: 6/9/2024, 2:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 10, 2021
Mar 10, 2021Home Sold
$141,900
Mar 04, 2016
Mar 04, 2016Home Sold
$92,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,403
$126,400
2019
$1,322
$126,400
2018
$1,322
$119,100
2017
$1,322
$119,100
History based on county public records data.
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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.
Elementary School
6
/10
Dearington Elementary/Innovation
210 Smyth St
Distance between this listing and this school1.37 miles
Public Magnet Grades PK-5
Middle School
2
/10
Linkhorne Middle School
2525 Linkhorne Dr
Distance between this listing and this school0.33 miles
Public District Grades 6-8
High School
3
/10
E.C. Glass High School
2111 Memorial Ave
Distance between this listing and this school1.22 miles
Public District Grades 9-12
Assigned Schools
6
/10
Dearington Elementary/Innovation
210 Smyth St
Distance between this listing and this school1.37 miles
Public Magnet Grades PK-5
Nearby Schools
2
/10
Linkhorne Elementary School
2501 Linkhorne Dr
Distance between this listing and this school0.50 miles
Public District Grades PK-5
3
/10
T.C. Miller Elementary For Innovation
600 Mansfield Ave
Distance between this listing and this school1.61 miles
Public Magnet Grades PK-5
Assigned Schools
2
/10
Linkhorne Middle School
2525 Linkhorne Dr
Distance between this listing and this school0.33 miles
Public District Grades 6-8
Nearby Schools
4
/10
Paul Laurence Dunbar Middle For Innovation
1200 Polk St # 1208
Distance between this listing and this school2.32 miles
Public Magnet Grades 6-8
3
/10
Sandusky Middle School
805 Chinook Pl
Distance between this listing and this school2.48 miles
Public District Grades 6-8
Assigned Schools
3
/10
E.C. Glass High School
2111 Memorial Ave
Distance between this listing and this school1.22 miles
Public District Grades 9-12
Nearby Schools
2
/10
Heritage High School
3020 Wards Ferry Rd
Distance between this listing and this school3.78 miles
Public District Grades 9-12
5
/10
Brookville High School
100 Laxton Rd
Distance between this listing and this school5.36 miles
The neighbors living near this home have an average income of $19,871. Residents of Lynchburg, VA typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.
This home is located at 2800 Kulman Pl in Lynchburg, VA and zip code 24502 in the Tate Springs neighborhood. This 1,578 square foot home, which was built in 1959, sits on a 0.36 acre lot. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $229,000.
In May 2024, from all listings sold in Lynchburg, VA there were more than 39 sold above asking price, over 38 sold below and more than 46 were sold right at the asked price. In May 2024 in Lynchburg, VA there were 68% more homes for sale than in April 2024. In May 2024 median list price was $268,180 and the average listing age was 13 days.
From Rocket Homes Real Estate and based on county public records data.