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650 Alleghany Ave, Staunton, VA 24401

$415,000
: 2,232
SqFt

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Sold Price: $415,000
List Price: $440,000
Status: CLOSED
MLS#: 676259
Closing Date: Jun 04, 2026
Living Area: 2,232
Lot Size: 5,662
Year Built: 1930
Subdivision: Lakeview Addition
Region: Staunton

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Property Description

Don’t miss this fantastic multi-unit investment opportunity located a block from Gypsy Hill Park and minutes from downtown and everything else Staunton has to offer! This property offers four 1-bedroom, 1-bath units, each with comfortable living spaces and steady rental income. Whether you’re expanding your portfolio or just getting started, this property combines convenience, income potential, and a desirable location. Upgrades performed since current owner purchased: renovation of all 4 units, #3 was just redone again this past year, all windows have been replaced with energy efficient windows, a new Weil-McLain gas-fired boiler was installed in 2019, all exterior porches were rebuilt in 2019-20, and a new water heater (a 2nd water heater) was installed in 2022. SEPARATE METERS. TENANTS PERSONAL PROPERTY HAS BEEN REMOVED FROM PHOTOS. ALL UNITS CURRENTLY RENTED

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Additional Information

Heating: Natural Gas
Roof: Metal, Other
Water: Public
Sewer: Public Sewer
Elementary School: T.C. Mcswain
Middle School: Shelburne
High School: Staunton