top of page

Multi-Family Investment Property

512 South Main Street, Harrisonburg, VA, USA

For Sale

$1,895,000.00

Property Description

UNDER CONTRACT
Are you looking for a lucrative investment opportunity in the heart of Harrisonburg? Look no further than this incredible multifamily property located on the corner of S Main Street and Paul Street! With 6 fully leased apartments spread over 3 levels and 5,868 square feet, this property is a cash cow that generates consistent income year after year. Each apartment has 4 bedrooms and 2 bathrooms. The property has 1 year remaining on a 10-year lease ending July 2025. Current tenant leases the entire building and pays $10,500/month plus real estate taxes, insurance and all maintenance fees. Tenant would like to renew with a 10-year lease at $12,000/month with the same lease terms.
With a .57-acre lot and R3 zoning, the potential for future development is limitless! Whether you're an experienced investor looking to expand your portfolio or a newcomer searching for a secure and profitable investment, this is the opportunity you've been waiting for. Don't wait - contact us today to schedule a viewing and see for yourself why this property is a must-have for any savvy investor!

OWNER/AGENT

Contact Agent

Agent Name

Agent Phone

Email

Property Details

Property Type

Residential

Bedrooms

24

Bathrooms

12

Zoning

R3

Square Footage

5868

Acreage

0.57

Year Built

1995

Attachments

512-S-Main-St-MLS-Sheet.pdf?rlkey=0372p62a0123bdg8oxpmvj1tc&dl=0

Facts-and-Figures-Harrisonburg-MSA.pdf?rlkey=7f4lnt0dh7v16b550j1yk2f6p&dl=0

Attachment #3

Property Location

512 South Main Street, Harrisonburg, VA, USA

bottom of page