Excellent investment opportunity in this large, well kept home with an existing business. The dwelling is split into 3 separate apartments (1BR/1BA, 1BR/2BA, 1BR/1BA) which are all rented and four separate rooms that rent individually on a short and long term basis. Beautiful Waynesboro location and excellent rental history. Property has had many updates within the last 5 years, including dual zone HVAC, remodeled bathrooms and replacement windows and vinyl siding. A new roof was done in 2016. Excellent cash flow with approximately $90,000/yr. in gross rent. Don't miss this income producing opportunity.
Closed
$950,000
605 S Wayne Ave, Waynesboro, VA 22980
6beds
3,227sqft
Single Family Residence
Built in 1900
0.3 Acres Lot
$573,600 Zestimate®
$294/sqft
$2,213 Estimated rent
Home value
$573,600
$488,000 - $660,000
$2,213/mo
Zestimate® history
Owner options
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$2,213/mo
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$5,578/mo
Est. payment
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$5,578/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
JASON P HARRIS 540-280-6362,
KW COMMONWEALTH
Bought with:
KATHERINE SCHMANDT
OLD DOMINION REALTY INC - AUGUSTA
Source: CAAR,MLS#: 646478
Originating MLS: Greater Augusta Association of Realtors Inc
Originating MLS: Greater Augusta Association of Realtors IncFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
- Main level bathrooms: 3
- Main level bedrooms: 3
Rooms
- Room types: Bathroom, Bedroom, Dining Room, Full Bath, Foyer, Half Bath, Kitchen, Laundry, Living Room, Primary Bedroom
Primary bedroom
- Level: First
Primary bedroom
- Level: Second
Bedroom
- Level: First
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: First
Primary bathroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: Second
Dining room
- Level: Second
Dining room
- Level: First
Foyer
- Level: Second
Half bath
- Level: Second
Kitchen
- Level: Second
Kitchen
- Level: First
Laundry
- Level: First
Laundry
- Level: Second
Living room
- Level: Second
Living room
- Level: First
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Features
- Primary Downstairs, Entrance Foyer
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Gas Log, Multiple
Interior area
- Total structure area: 3,766
- Total interior livable area: 3,227 sqft
- Finished area above ground: 3,227
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.3 Acres
- Features: Landscaped, Level
Details
- Parcel number: 551261
- Zoning description: RMF Multifamily Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Georgian
- Property subtype: Single Family Residence
Materials
- Stick Built, Stucco, Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Fiber Optic Available, Natural Gas Available
Community & HOA
Community
- Security: Surveillance System
- Subdivision: NONE
HOA
- Has HOA: No
Location
- Region: Waynesboro
Financial & listing details
- Price per square foot: $294/sqft
- Tax assessed value: $747,500
- Annual tax amount: $3,075
- Date on market: 10/10/2023
- Cumulative days on market: 185 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2025 | Sold | $950,000+18.8%$294/sqft |
Source:  CAAR #646478 Report a problem | ||
| 10/26/2024 | Pending sale | $800,000$248/sqft |
Source:  GASAOR #646478 Report a problem | ||
| 6/6/2024 | Price change | $800,000-15.7%$248/sqft |
Source: GASAOR #646478 Report a problem | ||
| 5/16/2024 | Price change | $949,000-5%$294/sqft |
Source: GASAOR #646478 Report a problem | ||
| 4/26/2024 | Price change | $999,000+42.7%$310/sqft |
Source: GASAOR #646478 Report a problem | ||
| 10/11/2023 | Listed for sale | $700,000+180%$217/sqft |
Source: CAAR #646478 Report a problem | ||
| 9/4/2019 | Sold | $250,000$77/sqft |
Source: Public Record Report a problem | ||
| 8/12/2019 | Pending sale | $250,000$77/sqft |
Source: LONG & FOSTER REAL ESTATE INC FISHERSVILLE #588052 Report a problem | ||
| 8/7/2019 | Price change | $250,000-9.1%$77/sqft |
Source: LONG & FOSTER REAL ESTATE INC FISHERSVILLE #588052 Report a problem | ||
| 7/22/2019 | Listed for sale | $275,000$85/sqft |
Source: LONG & FOSTER REAL ESTATE INC FISHERSVILLE #588052 Report a problem | ||
| 4/24/2019 | Pending sale | $275,000$85/sqft |
Source: LONG & FOSTER REAL ESTATE INC FISHERSVILLE #588052 Report a problem | ||
| 3/29/2019 | Listed for sale | $275,000+39.2%$85/sqft |
Source: LONG & FOSTER REAL ESTATE INC FISHERSVILLE #588052 Report a problem | ||
| 8/1/2013 | Listing removed | $197,500$61/sqft |
Source: Lacey Real Estate Group #66699 Report a problem | ||
| 5/4/2013 | Listed for sale | $197,500-8.5%$61/sqft |
Source: Lacey Real Estate Group #66699 Report a problem | ||
| 9/13/2012 | Listing removed | $215,900$67/sqft |
Source: REAL ESTATE PLUS-WBO #64310 Report a problem | ||
| 8/3/2012 | Price change | $215,900-13.6%$67/sqft |
Source: REAL ESTATE PLUS-WBO #64310 Report a problem | ||
| 7/11/2012 | Listed for sale | $249,900+47%$77/sqft |
Source: REAL ESTATE PLUS-WBO #64310 Report a problem | ||
| 12/21/2011 | Sold | $170,000$53/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,756 +87.2% | $747,500 +87.2% |
| 2024 | $3,075 | $399,400 |
| 2023 | $3,075 +24.4% | $399,400 +45.4% |
| 2022 | $2,472 | $274,700 |
| 2021 | $2,472 +16.8% | $274,700 +16.8% |
| 2020 | $2,117 +13.6% | $235,200 +13.6% |
| 2018 | $1,864 +3.4% | $207,100 |
| 2017 | $1,802 +23.3% | $207,100 +13.4% |
| 2016 | $1,461 | $182,600 |
| 2015 | $1,461 | $182,600 -5.7% |
| 2014 | -- | $193,700 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 22980
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Nearby schools
GreatSchools rating
- 3/10Berkeley Glenn Elementary SchoolGrades: K-5Distance: 0.5 mi
- 2/10Kate Collins Middle SchoolGrades: 6-8Distance: 1.3 mi
- 2/10Waynesboro High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Berkeley Glenn
- Middle: Kate Collins
- High: Waynesboro
Source: CAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Virginia
- Waynesboro City
- Waynesboro
- 22980
- 605 S Wayne Ave
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