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Key Details
Sold Price $965,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,740 sqft
Price per Sqft $168
MLS Listing ID 667278
Sold Date 10/10/25
HOA Y/N No
Year Built 1981
Annual Tax Amount $8,618
Tax Year 2025
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Apartment
Property Description
Rare opportunity to purchase a 10-unit apartment building in the City of Harrisonburg. This well-maintained property has been owned and managed by the original owner since it was built in 1981. Each unit includes one bedroom, one bathroom, a kitchen, and a living area. All leases are currently month-to-month, providing flexibility and upside potential in rental income. The building offers ample onsite parking with a gravel lot dedicated to tenant use. The roof was replaced within the past 10 years, and the property has a solid rental history. Located in a central area of the city, this is an ideal investment opportunity for those seeking stable returns with room to improve.
Location
State VA
County Harrisonburg
Zoning R-3 Multiple Dwelling Residential
Direction Route 33 to Hawkins Street to left on Norwood Street. Property is on the left.
Interior
Heating Electric
Cooling Wall Unit(s)
Fireplace No
Exterior
Utilities Available Satellite Internet Available
Water Access Desc Public
Road Frontage Not Applicable
Building
Foundation Block
Builder Name REXRODE
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Spotswood (Harrisonburg)
Middle Schools Skyline
High Schools Rocktown
Others
Tax ID 027 S 63 64 65
Financing Conventional
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Bought with Old Dominion Realty Inc
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