50 W Princeton Circle

Turnkey duplex investment opportunity with high-income potential! This fully remodeled property, tucked away off Rivermont Ave, is perfect for short-term rentals, with projected gross monthly income of $4,300 to $6,000 from a local property management company. The bottom unit offers 3 bedrooms & 1 bathroom, while the top unit is a 1 bedroom, 1 bathroom space. Both units feature modern, thoughtfully designed interiors with brand-new kitchens, custom tile bathrooms, updated electrical and plumbing, a new roof, heat pump and mini-split units, and new water heaters, ensuring minimal future maintenance costs. The units exude charm with stylish finishes, including open shelving in the kitchens, LVP flooring, & inviting spaces under dormer windows in the upper unit. Located near hospitals, Randolph College, and Downtown Lynchburg, this property is ideally situated for short-term guests. Don’t miss this unique, income-generating opportunity!