Take advantage of this rare opportunity to own a 7-bedroom split-level multi-family property! The house is situated on a spacious R3 medium-density zoned lot and is located off of Reservoir Street, being only minutes from James Madison University. This property currently generates $4,100 per month in rental income, with tenants covering all utilities and minor repairs. Current lease runs through April 1, 2025. Interior features include; 2,484 square feet of finished living space with 7 bedrooms, and 3 full baths (one bedroom and large bonus room in finished basement). The lower level includes an additional 1,172 square feet of unfinished space and a garage area—ideal for adding another kitchen and creating a separate living unit to maximize rental income. Recent updates over the past 5 years include paint, blinds, and new kitchen flooring. Don’t miss this opportunity to own a profitable rental property in a prime City location with a growing college Town!!
Stove, Refrigerator, Dishwasher
Daylight, Partial, Full, Heated, Partially Finished, Space For Rooms, Walkout Level, Windows, Unfinished, Front Entrance
HARRISONBURG CITY PUBLIC SCHOOLS
Date | Details | Price | Change |
---|---|---|---|
Price Reduced (from $555,000) | $540,000 | $15,000 (2.70%) |
© 2020 BRIGHT, All Rights Reserved. Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Coldwell Banker Residential Realty participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Coldwell Banker Residential Realty are marked with the IDX logo and detailed information about each listing includes the name of the listing broker.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
Listing information last updated on June 20th, 2025 at 3:45am CDT.