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Harrisonburg,VA 22801
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,352 sqft
Price per Sqft $165
MLS Listing ID VAHC2000460
Style Traditional
Abv Grd Liv Area 4,352
Year Built 1978
Tax Year 2025
Lot Size 0.460 Acres
Acres 0.46
Property Sub-Type Other
Source BRIGHT
Property Description
Investor Special – 5-Unit Multifamily Near JMU and downtown Harrisonburg!
Excellent opportunity to own a fully leased, income-producing 5-unit apartment building just minutes from James Madison University in Harrisonburg, VA. This turn-key property features a smart mix of units:
(2) One-Bedroom Units
(2) Two-Bedroom Units
(1) Three-Bedroom Unit
With rents currently below market, there's significant upside potential for increased cash flow through rent adjustments or future updates. The location is ideal for attracting students, and professionals, making this a solid asset for both seasoned investors and first-time buyers looking to start or grow their real estate portfolio.
Sold As-Is, this property requires minimal effort to maintain and offers strong, steady returns with room to boost NOI. Don't miss your chance to secure a value-add investment in one of Harrisonburg's most desirable rental corridors!
Location
State VA
County Harrisonburg City
Zoning R3
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Harrisonburg City Public Schools
Others
Tax ID 14-L-3
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard