316 N High St, Harrisonburg, VA 22802
- $498,900
- 6
- BD
- 3
- BA
- 2,384
- SqFt
- List Price
- $498,900
- Status
- PENDING
- MLS#
- 676528
- Closing Date
- Jul 31, 2026
- Bedrooms
- 6
- Bathrooms
- 3
- Baths Half
- 1
- Living Area
- 2,384
- Lot Size
- 7,405
- Year Built
- 1920
- Region
- Harrisonburg
Property Description
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.
Additional Information
- Stories
- 2
- Heating
- Forced Air, Natural Gas
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Waterman
- Middle School
- Thomas Harrison
- High School
- Harrisonburg
Mortgage Calculator
Listing courtesy of Funkhouser Real Estate Group.