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Multifamily Investment Property

1337 Walker Street, Harrisonburg, VA, USA

For Sale

$1,650,000.00

Property Description

Investors grab this offer to own 2 well-maintained, income-producing apartment buildings in Harrisonburg! These 2 buildings are on 2 tax parcels, each with 6 one-bedroom, one-bathroom apartments. Each building lies on .29 acres. Both buildings have been consistently 100% occupied since they were built. Affordable one-bedroom apartments in Harrisonburg are sparse, and these are always in high demand. They are within walking distance of JMU and near Harrisonburg Transit Bus Stops. There is a shared parking lot with 22 parking spaces. This is a value-add property with projected higher rents for 2025-2026. The property has been well-maintained and updated throughout the years.

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Property Details

Property Type

Residential

Bedrooms

12

Bathrooms

12

Zoning

R3

Square Footage

6912

Acreage

0.58

Year Built

1985

Attachments

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Attachment #2

Attachment #3

Property Location

1337 Walker Street, Harrisonburg, VA, USA

Disclaimer: All information is believed accurate, but not guaranteed or warranted.

All parties are responsible for verifying information prior to leasing or purchasing.

Lee & Associates | 540-437-3728

Mailing address: 10070 Mount Zion Road, Linville, VA 22834 

Address for scheduled meetings: The Offices at 31 N Federal Street, Harrisonburg, VA 22802

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