$2,601
closing credit¹
877 Old Rustburg Rd Lynchburg, VA 24501
Property details
About 877 Old Rustburg Rd
Opportunity to purchase a 2 Bay Garage that includes separate office space and a patio to the office. a 1/2 bathroom is also in garage. (condition unknown). Property includes 4 acres that was utilized as a Mobile Home storage, parts and setup business in the past. 3 income producing homes on site with long-term tenants that maintain their own homes. These homes include 2 single-wides and a 1972 stick built home. Garage is not occupied and is heated with oil heat with a woodstove option. There is a 24X10 lean-to on the garage too. AG zoned, but utilized for business purposes in the past. Possible options to expand rental units on site. The Back of lot lays very nice. Owner is willing to include backhoe-loader, metal frames, welders, and other tools on site with an acceptable offer. Property is being sold AS IS. Lockbox keys will access garage.
Highlights
Summary
- MLS Number: 356762
- MLS Name: Lynchburg
- Office Name: Karl Miller Realty LLC
- Listing Agent: Karl Miller
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 2025 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: 2/15/2025, 8:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of garage](/homes/listing-images/46942577_S0471/S0471/S0471-R0100/146668/146668_458e86ec-a384-4a2a-801c-958b2eeda61f.jpg.jpg?version=1737650234&width=640)
$219,000
877 Old Rustburg Rd
$2,601
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $146,700 | $660 |
2023 | $146,700 | $660 |
2022 | $131,800 | $685 |
History based on county public records data.
Nearby schools
6
William M. Bass Elementary School
Public District KG-5
2.3 mi
•1730 Seabury Ave
2
R. S. Payne Elementary School
Public District PK-5
3.4 mi
•1201 Floyd St
3
T. C. Miller Elementary School
Public Magnet KG-5
3.6 mi
•600 Mansfield Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,969. The most common annual income of people living in Lynchburg, VA is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
This home is located at 877 Old Rustburg Rd in Lynchburg, VA and zip code 24501. This 810 square foot home, which was built in 1972, sits on a 4.00 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 20, 2025 and is currently priced at $219,000.
Lynchburg, VA housing market in January 2025 saw over 24 listings sold above listed price, more than 28 sold at listed price and over 41 sold below. In January 2025 in Lynchburg, VA there were 0.8% more homes for sale than in December. Listings spent 50 days on the market in January 2025, and had a median list price of $280,458 during the same period.