Average square foot calculated using Size range provided by listing agent.
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!Show Description
MLS® Number667688
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1978
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatHeat Pump
A/CNone
Heating Fuel
Extras
Similar Listings
Get notified of price or status changes by saving this listing