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MLS#676816
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Excellent opportunity to own a fully occupied 4-unit apartment building in Staunton. Each unit features 1 bedroom and 1 bathroom. Property is currently generating $2,500 per month ($30,000 annually) with strong upside potential as current rents are below market value. This property offers immediate cash flow with the opportunity to increase returns through rent adjustments and improvements. Conveniently located with strong rental demand in the area. Ideal for investors looking to expand their portfolio with a value-add asset. Newer Metal Roof and Gutters. Vinyl Replacement Windows.
Property Features
Property Type: Multi Unit - Multiple
Heating: Baseboard, Electric
Lot Size: 0.03 Acres
Roof Type: Metal - Galv Steel
Taxes: $2,612
Year Built: 1914
Feature Descriptions
Basement: Outside Entrance
Days on Site: 116
Foundation: Concrete Block, Concrete Slab
Lot Dimensions: 0.03 Acre(s)
Sewer: Public Sewer
Water: Public Water
Local Schools
High School: Staunton
Middle School: Shelburne
Elementary School: Bessie Weller
Listed By / Shown By
Listed By
Agency Name: DECKER REALTY
Agency Phone: 540-886-1521
Shown By
Agency Title: Massanutten Realty
Agency Phone: 540.289.6335
Estimate Your Payment
Estimated Payment
$ 2,247.81 per month $1,913.77 Principal & Interest $217.67 Property Tax $116.38 Homeowner's Insurance
1229 Stack St | MLS# 676816
This multi-family property located at 1229 Stack St, Staunton, VA 24401 is currently listed for sale with an asking price of $399,000. Search Staunton real estate on www.massanuttenrealty.com today.