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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 2,484 sqft
Price per Sqft $223
Subdivision Ridgeville Heights
MLS Listing ID 661105
Bedrooms 7
Year Built 1970
Annual Tax Amount $3,935
Tax Year 2024
Lot Size 0.530 Acres
Acres 0.53
Property Sub-Type Other
Property Description
Take advantage of this rare opportunity to own a 7-bedroom split-level multi-family property! The house is situated on a spacious R3 medium-density zoned lot and is located off of Reservoir Street, being only minutes from James Madison University. This property currently generates $4,100 per month in rental income, with tenants covering all utilities and minor repairs. Current lease runs through April 1, 2025. Interior features include; 2,484 square feet of finished living space with 7 bedrooms, and 3 full baths (one bedroom and large bonus room in finished basement). The lower level includes an additional 1,172 square feet of unfinished space and a garage area—ideal for adding another kitchen and creating a separate living unit to maximize rental income. Recent updates over the past 5 years include paint, blinds, and new kitchen flooring. Don't miss this opportunity to own a profitable rental property in a prime City location with a growing college Town!!
Location
State VA
County Harrisonburg
Area Harrisonburg
Zoning R-3 Multifamily Residential
Rooms
Basement Full,Heated,Inside Access,Outside Entrance,Partly Finished
Kitchen Wood Cabinets
Interior
Heating Heat Pump
Flooring Parquet,Vinyl,Wood
Laundry Dryer,Dryer Hookup,Washer,Washer Hookup
Exterior
Roof Type Composition Shingle
Building
Foundation Concrete Block
Sewer Public Sewer
Water Public Water
Structure Type Vinyl
New Construction No
Schools
Elementary Schools Stone Spring
Middle Schools Skyline
High Schools Harrisonburg
Others
SqFt Source Public Records