40 South Ave, Harrisonburg VA 22801

$129,000
MLS #:659230

3beds
2baths
0half-baths
1,004sq ft

Neighborhood: University Place

Square Ft Finished: 1,004

Square Ft Unfinished: 0

Elementary School: Keister

Middle School: Thomas Harrison

High School: Rocktown

Property Type: residential

Subcategory: Condo

HOA: COA

Area: Harrisonburg

Year Built: 1986

Price per Sq. Ft: $128.49

1st Floor Master Bedroom: Yes

HOA fee: $160

Stories: 1 Story

Garage Num Cars: 0.0

Cooling: Heat Pump

Air Conditioning: Heat Pump

Heating: Heat Pump

Water: Public Water

Sewer: Public Sewer

Basement: No

Kickout: No

Annual Taxes: $1,054

Tax Year: 2024

Legal: QUADRANT 4 NS SOUTH AVE UNIT 40-C PHASE 1 UNIVERSITY PLACE

Directions: From Port Republic, left on S Main, right on South Ave, Right into university place

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! The property is available to view during the open house on Saturday, February 8 from 3-5pm. Property is tenant occupied. Please do not disturb tenant.

Days on Market: 3

Updated: 2/04/25

Courtesy of: Fathom Realty

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Directions:

From Port Republic, left on S Main, right on South Ave, Right into university place
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Listing Office: Fathom Realty