817 Grayson Ave, Waynesboro, VA 22980

Great investment opportunity with excellent flexibility for an investor or owner-occupant looking to generate rental income while building equity! This 2-unit duplex offers the perfect combination of spacious living, classic character, and a convenient location. Each unit features its own separate entrance, private porch, laundry, beautiful hardwood floors, and impressive 10-foot ceilings that create a bright and open feel. Located directly across the street from North Park and the Greenway Trail, outdoor recreation and walking opportunities are right at your doorstep. The second-floor unit is a 2-bedroom, 1-bath unit currently rented for $1,250 per month through February 2027. The first-floor unit is also a 2-bedroom, 1-bath unit and was owner-occupied until September 2026; it is currently vacant and ready for a new tenant or owner-occupant. Both units are individually metered for electricity and gas, with those utilities paid by the tenants. The owner pays water and sewer. Expand your investment portfolio, house-hack, or take advantage of the income potential of a second unit. This duplex offers a great opportunity for your next investment!