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$379,000

1229 Stack St

Staunton, VA 24401 · None

Quad

type

4

units

1914

built

About this property

Excellent opportunity to own a fully occupied 4-unit apartment building in Staunton. Each unit features 1 bedroom and 1 bathroom. Property is currently generating $2,500 per month ($30,000 annually) with strong upside potential as current rents are below market value. This property offers immediate cash flow with the opportunity to increase returns through rent adjustments and improvements. Conveniently located with strong rental demand in the area. Ideal for investors looking to expand their portfolio with a value-add asset. Newer Metal Roof and Gutters. Vinyl Replacement Windows.

Details

Type
Quad
Units
4
Year built
1914
Lot
0.03 ac
Zoning
R-3
Days on market
164
MLS #
676816

Property details

Interior

Fireplaces
0

Structure & exterior

Style
Quad

Lot & HOA

Lot size
0.03 acres
Zoning
R-3 Medium
Subdivision
None

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.

Listed by DECKER REALTY · CHRIS KINCHELOE.

Listing information is provided by the CAAR-GAAR-HRAR MLS and is deemed reliable but not guaranteed. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.