Remarks

Don't miss this excellent investment opportunity conveniently located near James Madison University with public transportation access and within walking distance to many amenities! This spacious 4-bedroom, 2-bathroom condo comes fully furnished and is perfectly situated to attract renters. The layout includes a full kitchen on the main floor and a convenient kitchenette upstairs and downstairs, offering flexibility and added value for tenants. The house is set up with a common area on each floor adding additional privacy for the tenants. There are 4 active leases secured through May 31, 2025, ensuring immediate rental income. Currently generating $1,800/month at full lease. Fully furnished setup minimizes upfront costs and appeals to renters seeking convenience and comfort. Located in a sought-after area with strong demand, this property offers consistent cash flow and the potential for long-term appreciation. Currently being managed by the owner but previously successfully managed by Rocktown Realty. 24-hour notice needed for showings.

Details

MLS#: 659946
Price: $225,000

Style: Condo
Bedrooms: 4
Baths Full: 2
Baths Half: 0
Sq Ft: 1352
Year Built: 1989

Subdivision: Camden Townes
Tax Fee: 1894.76

School Elementary: Stone Spring
School Middle: Skyline
School High: Rocktown