38.48557 -78.8151

32 SWEET MAGNOLIA LN Harrisonburg, VA 22802

251875274 38.48557 -78.8151 101 /listing/251875274-150118633/32-sweet-magnolia-ln-harrisonburg-va-22802 False 0 1800000.0 8500 105 596193 False
  • $1,800,000
  • 8,500 sqft
  • Est payment $9662.79/mo

Property & Neighborhood Info

Courtesy Of Funkhouser Real Estate Group

Multi-Family in ROCKINGHAM

Strong multi-family or commercial investment opportunity conveniently located just north of Harrisonburg right off I-81. 32 unit multi-family property consisting of 30 one-bedroom efficiency apartments, 1 three-bedroom unit, and 1 oversized one-bedroom unit. Potential gross income of over $25k per month. Strong rental history with low vacancy rates, and many long-term tenants. Currently fully leased on a weekly or monthly basis.

Courtesy Of Funkhouser Real Estate Group
  1. 8,500 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 1955
  • School District: Cub Run (Rockingham)
  • School District3: Spotswood
  • County: Rockingham County
  • Tax Year: 2017
  • Units: 32
  • MLS Number:596193

Additional Features

  • Air Conditioning:
    • Central AC
  • Flooring:
    • Carpet
    • Vinyl
  • Sqft Source:
    • Other
  • Kitchen Features:
    • Wood Cabinets
  • Kitchen Appliances:
    • Electric Range
    • Microwave
  • Green Features:
    • No
  • New Construction:
    • No
  • Occupied By:
    • Tenant
  • Roof:
    • Composition Shingle
  • Storage:
    • Shed
  • Foundation:
    • Concrete Slab
  • Over 55 Community:
    • No
  • Exterior:
    • Vinyl
  • Heating:
    • Electric
  • Septic:
    • Public Sewer
  • Access:
    • Public Road
  • Middle School:
    • Montevideo
  • Water:
    • Public Water
  • Zoning:
    • B-1 Business General
  • Legal Description:
    • Valley Pike
  • Owner Pays:
    • Electricity
    • Gas
    • Insurance
    • Maintenance
    • Taxes
    • Trash
    • Water/Sewer
  • CDOM:
    • 256
  • HOA:
    • No
  • Services:
    • Exclusive Right to Sell
  • Gross Rent:
    • 25760
  • Historical District:
    • No
  • Other Income/Mo:
    • 0
  • Possession:
    • Settlement
  • Taxes:
    • 6917
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Charity Cox
Charity Cox
16 Gosnell Crossing Suite 102 Staunton VA 24401
request more info.
38.48557 -78.8151

32 SWEET MAGNOLIA LN Harrisonburg, VA 22802

251875274 38.48557 -78.8151 101 /listing/251875274-150118633/32-sweet-magnolia-ln-harrisonburg-va-22802 False 0 1800000.0 8500 105 596193 False
  • $1,800,000
  • 8,500 sqft
  • Est payment $9662.79/mo