NEW METAL ROOF August 2020! Outstanding opportunity to own a fully renovated and leased income-producing multi-family property near the American Shakespeare Center, Mary Baldwin University and the many restaurants, shops, and businesses in historic downtown Staunton. All new mechanical systems added and refinished hardwood floors throughout the building. All units separately metered. There is a coin-operated washer and dryer on site for additional income. High-speed fiber optic cable and a security camera system in place. The location and improvements have allowed for sustained rent increases. Tax abatement through the end of 2023.
Off market
$711,800
27 S Market St, Staunton, VA 24401
4beds
0baths
3,988sqft
MultiFamily
Built in 1884
-- sqft lot
$711,800 Zestimate®
$178/sqft
$1,361 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
Heating
- Heat pump, Gas
Cooling
- Central
Interior area
- Total interior livable area: 3,988 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 8,712 sqft
Details
- Zoning: P-1 Professional
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Metal
Condition
- Year built: 1884
Community & neighborhood
Location
- Region: Staunton
Other
Other facts
- Listing Services: Exclusive Right to Sell
- Sewer/Septic: Public Sewer
- Water: Public Water
- Originating Board: GAAR
- Unit 3: Type: 1 Bed Apt
- Unit 4: Type: 1 Bed Apt
- Include on Internet: Yes
- Access: Public Road
- Source of SQ. FT.: Public Records
- Occupied By: Tenant
- Air Conditioning: Central AC
- Heating: Electric, Heat Pump
- Foundation: Concrete Block
- Builder: UNKNOWN
- Show Bldr Name to Public: Yes
- Owner Pays: Electricity
- Property Type: 4+ Apts
- Unit 1: Type: Efficiency
- Unit 2: Type: Efficiency
- Zoning: P-1 Professional