$155,000 / 4051ft2 - Multifamily Quadplex for Sale (Lynchburg)

FOR SALE BY OWNER 922 Floyd St, Lynchburg VA 24501 For sale is a multi-family quadplex (4 apartments) rental property.
Each unit is a 1 bedroom and 1 bathroom apartment.
There is a small den in two apartments.
Three apartments are currently rented out.
Rent is $650-700 for a single apartment.
Tall ceilings.
Hardwood floors all along.
Each apartment has its own electricity that is paid by the tenants.
The owner pays for the water.
Separate HVAC system for each apartment.
Good cashflow property.
Turnkey investment.
There is a potential to include another apartment in the basement.
It used to be a separate apartment long ago.
There is an empty lot on the side where another multi-unit house can be built.
The lot needs to be converted into a separate parcel first though.
There is some work that needs to be done in one of the second floor apartment and as well as on the outside.
The reduced price reflects the work that needs to be done.
922 Floyd St, Lynchburg VA 24501 Asking: $155,000