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Monthly Rent
$1,195
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Bedrooms
2 bd
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Bathrooms
1 ba
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Square Feet
765 sq ft
Details
About This Property
Newly renovated one story home located off of Kemper Street. This house has two bedrooms and one bathroom with new LVP flooring throughout. The modern kitchen has butcher block countertops and new stainless steel appliances. We've also installed a new heat pump and new roof. It's just minutes away from Downtown Lynchburg and a walking distance to the bus line, restaurants, and shopping. The school district for the location is R.S. Payne Elementary, Sandusky Middle and Heritage High. Schedule a tour today to see this recently renovated home. ~No Appointment Necessary to view this property! Applications are processed on a first-come, first-served basis. What do we look for in an applicant? --Income should be 3.5 times the amount of expected monthly rent. Example: If the expected rent will be $350 $350 x 3.5 = $1,225 monthly income --Good Rental Reference for at least 2 years or past home ownership. (If not, you will be required to pay a higher than 1-month deposit, but all previous landlords must be paid in full) --We will conduct a Background Check and Credit Check for each person on the application. (Criminal history does not automatically disqualify you. Previous Evictions outside of Covid mandates and Outstanding Debts to any Landlords are grounds for denial of an application.) --To qualify your credit score has to be 600 or better. $45 Application Fee (Non-Refundable) to be paid before we will process your application (No Personal Checks). Applications are kept on file for 30 days. Standard Deposit is the same as First Month’s Rent (No Rental Reference will be an automatic double deposit = First Month’s Rent x 2)
1520 Buchanan St is a house located in Lynchburg City County and the 24501 ZIP Code. This area is served by the Lynchburg City Public Schools attendance zone.
Discover Homeownership
Renting vs. Buying
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Housing Cost Per Month: $1,195
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Rent for 30 YearsRenting doesn't build equity Future EquityRenting isn't tax deductible Mortgage Interest Tax Deduction$0 Net Return
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Buy Over 30 Years$467K - $832K Future Equity$212K Mortgage Interest Tax Deduction$37K - $402K Gain Net Return
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Located along the James River, Downtown Lynchburg offers an attractive blend of history and natural beauty. The historic downtown provides shops, restaurants, entertainment, historic sites, and parks in the ultimate live-work-play setting. Be sure to take a walking tour of Lynchburg's seven historic districts to appreciate the elegant Queen Anne and Federal style mansions. The Academy Center of the Arts, located on Main Street, was built in 1905 and plays host to jazz and opera concerts, performers, and competitions.
Visit the awe-inspiring Monument Terrace, learn more about the city at Lynchburg Museum, or spend the afternoon at Amazement Square. For those who enjoy the outdoors, the Blackwater Creek Bikeway (part of the James River Heritage Trail System) provides miles of trails leading past monuments, Percival's Island, a railroad tunnel, and a waterfall.
Learn more about living in Downtown LynchburgColleges & Universities | Distance | ||
---|---|---|---|
Colleges & Universities | Distance | ||
Drive: | 6 min | 2.3 mi | |
Drive: | 8 min | 4.6 mi | |
Drive: | 9 min | 5.6 mi | |
Drive: | 65 min | 48.1 mi |
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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources