Very rare investment opportunity! Superbly located nearby EMU and close to all city amenities in Harrisonburg. Fully leased to excellent tenants. Current monthly rent income is $3,205 and yearly income is $38,460. Each unit has a range, refrigerator, washer/dryer, garbage disposal, and storage shed. All brick 4 units that have been well maintained with lots of upgrades. New heat pumps were installed in 2014 ~ 2016 for all 4 units. There is a specious paved parking area in the rear. Each unit has separate meters and low maintenance cost. Tenants pay all utility costs. NO HOA fees. Ideal for 1031 exchange investment. Contact listing agent for financial information.
Off market
$488,600
1641 Park Rd, Harrisonburg, VA 22802
--beds
0baths
4,256sqft
MultiFamily
Built in 1984
-- sqft lot
$-- Zestimate®
$115/sqft
$2,082 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Heat pump
Cooling
- Central
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
- Laundry: Dryer, Washer
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: Partially finished
Interior area
- Total interior livable area: 4,256 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 0.31 Acres
Details
- Parcel number: 053B25
- Zoning: R-3 Multifamily Residential
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Roof: Composition
Condition
- Year built: 1984
Community & neighborhood
Community
- Community features: On Site Laundry Available
Location
- Region: Harrisonburg
Other
Other facts
- Class: MULTI-FAMILY
- Listing Services: Exclusive Right to Sell
- Roof: Composition Shingle
- Sewer/Septic: Public Sewer
- Water: Public Water
- Heating: Electric, Heat Pump
- Owner Pays: Insurance, Maintenance, Management, Snow Removal, Taxes
- Status: Pending
- Status Category: Pending
- Structure-Floors: Carpet, Vinyl
- Tenant Pays: Electricity, Water/Sewer, Trash
- Air Conditioning: Central AC
- Access: Public Road
- Source of SQ. FT.: Public Records
- Kitchen Appliances/Feat: Electric Range, Refrigerator, Disposal
- Laundry: Dryer, Washer
- Structure -Deck/Porch: Patio, Porch
- Property Type: Quad
- Foundation: Concrete Slab
- Structure-Security: Smoke Detector(s)
- Structure-Window/Ceiling: Screens
- Subdivision: HARMONY HEIGHTS
- Zoning: R-3 Multifamily Residential
- Legal Description: QUADRANT 2 WS PARK RD LOT 25 SEC ONE HARMONY HEIGHTS
- Parcel Number: 053-B-25