Excellent opportunity to own a fully occupied 4-unit apartment building in Staunton. Each unit features 1 bedroom and 1 bathroom. Property is currently generating $2,500 per month ($30,000 annually) with strong upside potential as current rents are below market value. This property offers immediate cash flow with the opportunity to increase returns through rent adjustments and improvements. Conveniently located with strong rental demand in the area. Ideal for investors looking to expand their portfolio with a value-add asset. Newer Metal Roof and Gutters. Vinyl Replacement Windows.
112 days
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408
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17
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Zillow last checked:
Listing updated:
Listed by:
CHRIS KINCHELOE540-292-6017,
DECKER REALTY540-886-1521
Source: CAAR,MLS#: 676816Originating MLS: Greater Augusta Association of Realtors Inc
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Heating
Baseboard, Electric
Cooling
None
Features
Basement: Exterior Entry
Interior area
Total interior livable area: 2,214 sqft
Property
Features
Patio & porch: Deck
Lot
Size: 1,306 Square Feet
Details
Parcel number: 1244
Zoning description: R-3 Medium Density Residential
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex, Multi Family, Multi Family