512 S Main Street, Harrisonburg, VA 22801

bathrooms 12
|Townhouse
THB ฿69,717,050
USD $1,895,000
Published on: 21 Jun 2024
Last updated on: 22 Jun 2024
512 S Main Street, Harrisonburg, VA 22801
512 S Main Street, Harrisonburg, VA 22801
512 S Main Street, Harrisonburg, VA 22801
+10
512 S Main Street, Harrisonburg, VA 22801
  • 10
Property ID: 110092741616
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Multi-Unit (5+) - Harrisonburg, VA

512 S Main Street, Harrisonburg, VA 22801
Are you looking for a lucrative investment opportunity in the heart of Harrisonburg? Look no further than this incredible multifamily property located on the corner of S Main Street and Paul Street! With 6 fully leased apartments spread over 3 levels and 5,868 square feet, this property is a cash cow that generates consistent income year after year. Each apartment has 4 bedrooms and 2 bathrooms. The property has 1 year remaining on a 10-year lease ending July 2025. Current tenant leases the entire building and pays $10,500/month plus real estate taxes, insurance and all maintenance fees. Tenant would like to renew with a 10-year lease at $12,000/month with the same lease terms.  With a .57-acre lot and R3 zoning, the potential for future development is limitless! Whether you're an experienced investor looking to expand your portfolio or a newcomer searching for a secure and profitable investment, this is the opportunity you've been waiting for. Don't wait - contact us today to schedule a viewing and see for yourself why this property is a must-have for any savvy investor!    OWNER/AGENT

Property Details

Basic Info

Property Type
Townhouse
Listing Status
Active
Land Size
2,306.71 m2
Building Size
545.16 m2
Year Built
1995
Rooms
12 bathroom(s)
Architecture Style
Other
Num Floors
3
Year Updated
1995
Provider
Lee & Associates
Brokerage Office Name
Lee & Associates
Brokerage Office Phone
540-437-3728
Address
512 S Main Street, Harrisonburg, VA 22801
Contact Agent
10070 Mount Zion Road, Linville, VA 22834
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10070 Mount Zion Road, Linville, VA 22834
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      Property ID: 110092741616

      Data provided by Lee & Associates, MLS #: 11290888
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