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  • $140,000

    40 South Ave APT C, Harrisonburg, VA 22801

    3beds
    1,004sqft
    Condominium
    Built in 1986
    -- sqft lot
    $141,000 Zestimate®
    $139/sqft
    $1,721 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: March 10, 2025 at 10:29am

    Listed by:

    EMILY HARRIS HENRY 540-478-4928,

    FATHOM REALTY

    Bought with:

    Duncan Rutherford, 0225240181

    eXp Realty LLC

    Source: CAAR,MLS#: 659230MLS LogoOriginating MLS: Charlottesville Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Features
    • Primary Downstairs
    • Has basement: No
    Interior area
    • Total structure area: 1,004
    • Total interior livable area: 1,004 sqft
    • Finished area above ground: 1,004
    • Finished area below ground: 0

    Property

    Features
    • Levels: One
    • Stories: 1
    Details
    • Parcel number: 019 E 40C
    • Zoning description: R-3 Multiple Dwelling Residential

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Stick Built
    • Foundation: Block, Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1986

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Harrisonburg
    • Subdivision: UNIVERSITY PLACE

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $160 monthly
    Services availability
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