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1403 Gates Street, 
Lynchburg, VA 24502

$249,900


4

Beds


2

Baths


1,755

Sq Ft


Single Family

Pending

Listed by

Tim Bushnell

Keller Williams

5349113

Last updated:

May 23, 2025, 11:47 AM

MLS#

359329

Source:

VA LAR

About This Home

1403 Gates Street

Centrally located in the heart of Lynchburg, this well-maintained brick bungalow offers flexible living and investment potential. Featuring 4 bedrooms and 2 full bathrooms, the home is currently set up as a fully furnished Airbnb upstairs with a proven rental track record, and a finished basement apartment belowperfect for a house hack, duplex setup, or continued short-term rental success. Whether you're an investor looking to expand your portfolio or a homeowner seeking to offset your mortgage by renting one unit while living in the other, this property delivers. Ideal for Liberty University or University of Lynchburg students and families, it also presents a smart opportunity for parents looking to save on student housing. Just minutes from schools, shopping, and restaurantsdon't miss your chance to own this versatile and income-producing property!

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 1952

Price Summary

249,900

$142 per Sq. Ft.

MLS #:

359329

Last Updated:

May 23, 2025, 11:47 AM

Added:

13 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,755 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

1,755 Sq. Ft.

Year Built:

1952


Lot

Lot Size (Sq. Ft):

11,769


Finances & Disclosures

Finances

Price:

$249,900

Price per Sq. Ft:

$142 per Sq. Ft.

Source:VA LAR
The information being provided by Lynchburg Association of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Lynchburg Association of Realtors All rights reserved.

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