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40 SOUTH AVE #C Harrisonburg, VA 22801
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Key Details
Sold Price $140,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,004 sqft
Price per Sqft $139
Subdivision University Place
MLS Listing ID 659230
Sold Date 03/07/25
Bedrooms 3
Full Baths 2
HOA Fees $160/mo
HOA Y/N Yes
Abv Grd Liv Area 1,004
Year Built 1986
Annual Tax Amount $1,054
Tax Year 2024
Property Sub-Type Condominium
Property Description
Investors take note! Great investment opportunity conveniently located near James Madison University! Current rental income is $950 on a yearly lease which renews Dec 2024. Tenant pays all utilities and has been in the unit over ten years and wishes to remain if possible. The monthly association fee covers common area maintenance, reserve funds, trash/snow removal, vinyl sidings, and roofing so this is a very low maintenance unit. Three bedrooms and two full bathrooms with steady income and low maintenance make this a perfect opportunity for the right investor! The property is available to view during the open house on Saturday, February 8 from 3-5pm. Property is tenant occupied. Please do not disturb tenant.
Location
State VA
County Harrisonburg
Zoning R-3 Multiple Dwelling Residential
Direction From Port Republic, left on S Main, right on South Ave, Right into university place
Rooms
Main Level Bedrooms 3
Interior
Interior Features Primary Downstairs
Heating Heat Pump
Cooling Heat Pump
Fireplace No
Exterior
Utilities Available Cable Available
Water Access Desc Public
Garage No
Building
Foundation Block, Brick/Mortar
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
Elementary Schools Keister
Middle Schools Thomas Harrison
High Schools Rocktown
Others
Tax ID 019 E 40-C
Financing Conventional
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Bought with eXp Realty LLC