316 North High St

Harrisonburg, VA 22802 · None

beds

2.5

baths

2,384

sqft

About this home

Located less than one mile from James Madison University in downtown Harrisonburg, this investment property features six bedrooms and two and a half bathrooms and is fully leased through June 2027, offering immediate, stable cash flow. Gross monthly income is $4,770 for the upcoming lease term. Rear alley access provides convenient off-street parking, a valuable amenity in this location. The property has seen numerous capital improvements, including a new boiler, replacement of all visible knob-and-tube wiring. Additional updates include new kitchen and laundry flooring, thermostat replacement, and a new washer (March 2024). With strong income, key system upgrades, and a prime location, this is a good investment opportunity. A zoning verification letter is available upon request.

Details

Bedrooms: 6
Bathrooms: 2.5
Living area: 2,384 sqft
Price per sqft: $209
Lot: 0.17 ac
Year built: 1920
Type: Residential
Days on market: 59
MLS #: 676528

Home details

Interior

Heating: Forced Air, Natural Gas
Cooling: None
Basement: Inside Access, Unfinished
Primary bedroom on main level: No

Utilities

Water & sewer: Public Water, Public Sewer

Lot & HOA

Lot size: 0.17 acres
Zoning: R-2 Reside
Subdivision: None

Schools

Elementary: Waterman
Middle: Thomas Harrison
High: Harrisonburg

Location & lot

Parcel boundaries and aerial imagery are from the Virginia Geographic Information Network (Virginia Base Mapping Program); flood zones are from the FEMA National Flood Hazard Layer. All are approximate, provided for general reference only, and are not a survey, a title document, or an official flood determination. Verify boundaries with a licensed surveyor and flood status at FEMA's Flood Map Service Center.