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Image 1 - 900 5th St, Lynchburg, Virginia, 24504 - House for sale
Image 2 - 900 5th St, Lynchburg, Virginia, 24504 - House for sale
Image 3 - 900 5th St, Lynchburg, Virginia, 24504 - House for sale
Image 4 - 900 5th St, Lynchburg, Virginia, 24504 - House for sale
Image 5 - 900 5th St, Lynchburg, Virginia, 24504 - House for sale
Image 6 - 900 5th St, Lynchburg, Virginia, 24504 - House for sale
Image 7 - 900 5th St, Lynchburg, Virginia, 24504 - House for sale
Image 8 - 900 5th St, Lynchburg, Virginia, 24504 - House for sale
Image 9 - 900 5th St, Lynchburg, Virginia, 24504 - House for sale
Home For Sale In Lynchburg, Virginia
900 5th St, Lynchburg, Virginia, 24504

Home For Sale In Lynchburg, Virginia

house for sale
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Listed: 03/17/24

900 5th St, Lynchburg, Virginia, 24504

4 Bed:
1.5 Bath:
3,100 Sq Ft Living Area:
Save
Price
$ 319,000

About This House

The Kentucky Hotel, circa 1790, sits at the corner of 5th St. and Jackson St. and consists of Six (6) separate parcels and alley totaling.52 Acres +/- (900, 906, 906A (alley) and 908 Fifth St. and507, 509, 511Jackson St.) The large expansive lot and B-4 Zoning allows for additional mixed-use development and abundant off-street parking. This property is one of only three remaining ordinaries still standing in Lynchburg, VA. The Kentucky Hotel is in remarkably great condition despite its age with a newly sealed and painted roof, new gutters and down spouts, security system and well maintained landscaping and grounds. Heating and cooling system is in working order. The building boasts Federal Style Architecture, 2 fireplaces on each level (8 total), 1.5 baths, and wood flooring throughout. Ideal redevelopment opportunity. buyer to verify all lot sizes and building square footage.

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College Hill Housing & Living

Household Income

Median household income: $41,971
Number of households: 28,150
The average household income in Lynchburg, VA grew from $40,728 to $41,971 in the past year. This data is an estimate based upon 28,150 households in Lynchburg, VA.
The chart below presents how household income is distributed in Lynchburg, VA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lynchburg, VA compared to median property taxes around the country. The prevalent amount of property taxes in Lynchburg, VA equals $800-$1,500 , which is less than the national average.