Great opportunity for residential or multi-family investment. 2 acres and home just behind the Beacon Credit Union office, Schewels Furniture, and Vinny's Restaurant on Timberlake Rd.
• 1.99 acres zoned R-4 (21.78 units per acre) Click here for R-4 zoning information. • 1463 sq.ft. brick home with basement • 2nd older home on property • Located just off the the expressway (501) • Large yard • Beautiful, large hardwoods • City water approx. 300' away • City sewer approx. 100' away • Ideal for apartment development • Previous list price: $249,000
DIRECTIONS Lynchburg Expressway (501) to Timberlake Rd exit. Vinny's Reataurant will be first building on right. Turn right on Logans Ln at stop light just past Vinny's. Property on right just past Beacon Credit Union.
INSPECTION • Monday, Nov. 2 from 12-2 PM • Tuesday, Nov. 10 from 12-2 PM • Day of sale beginning at 11:30 AM
TERMS 10% deposit day of sale by cash or check. Balance due at closing on or about 30 days. 5% buyer's premium added to high bid to determine final sales price.
Auctioneer License Information: VAAF501
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