40 SOUTH AVE #C Pending Save Request In-Person Tour Request Virtual Tour
Harrisonburg,VA 22801
Key Details
Property Type Condo
Sub Type Condo
Listing Status Pending
Purchase Type For Sale
Square Footage 1,004 sqft
Price per Sqft $128
Subdivision University Place
MLS Listing ID 659230
Bedrooms 3
Full Baths 2
HOA Fees $160/mo
Year Built 1986
Annual Tax Amount $1,054
Tax Year 2024
Property Description
Investors take note! Great investment opportunity conveniently located near James Madison University! Current rental income is $950 on a yearly lease which renews Dec 2024. Tenant pays all utilities and has been in the unit over ten years and wishes to remain if possible. The monthly association fee covers common area maintenance, reserve funds, trash/snow removal, vinyl sidings, and roofing so this is a very low maintenance unit. Three bedrooms and two full bathrooms with steady income and low maintenance make this a perfect opportunity for the right investor! Property is tenant occupied. Please do not disturb tenant.
Location
State VA
County Harrisonburg
Area Harrisonburg
Zoning R-3 Multiple Dwelling Residential
Interior
Heating Heat Pump
Cooling Heat Pump
Inclusions Range, Refrigerator, washer, dryer
Building
Story 1 Story
Foundation Brick,Concrete Block
Sewer Public Sewer
Water Public Water
New Construction No
Schools
Elementary Schools Keister
Middle Schools Thomas Harrison
High Schools Rocktown