Remarks

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!

Details

MLS#: 667688
Price: $719,000

Style: 4+ Apts
Bedrooms: 7
Baths Full: 4
Baths Half: 3
Sq Ft: 4352
Year Built: 1978

Tax Fee: 4848

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