Harrisonburg, VA 22801,728 FOLEY RD
Harrisonburg, VA 22801,728 FOLEY RD
Harrisonburg, VA 22801,728 FOLEY RD
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$540,000
Est. payment /mo
2,484 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,484 sqft

Price per Sqft $217

Subdivision Ridgeville Heights

MLS Listing ID 661105

Style Split Level

HOA Y/N No

Year Built 1970

Annual Tax Amount $3,935

Tax Year 2024

Lot Size 0.530 Acres

Acres 0.53

Property Sub-Type Multi Family

Property Description

Take advantage of this rare opportunity to own a 7-bedroom split-level multi-family property! The house is situated on a spacious R3 medium-density zoned lot and is located off of Reservoir Street, being only minutes from James Madison University. This property currently generates $4,100 per month in rental income, with tenants covering all utilities and minor repairs. Current lease runs through April 1, 2025. Interior features include; 2,484 square feet of finished living space with 7 bedrooms, and 3 full baths (one bedroom and large bonus room in finished basement). The lower level includes an additional 1,172 square feet of unfinished space and a garage area—ideal for adding another kitchen and creating a separate living unit to maximize rental income. Recent updates over the past 5 years include paint, blinds, and new kitchen flooring. Don't miss this opportunity to own a profitable rental property in a prime City location with a growing college Town!!

Location

State VA

County Harrisonburg

Zoning R-3 Multifamily Residential

Direction From Reservoir turn on Foley Road, house is on the left.

Rooms

Basement Exterior Entry, Full, Heated, Interior Entry, Partially Finished

Interior

Heating Heat Pump

Cooling Central Air, Heat Pump

Flooring Parquet, Vinyl, Wood

Fireplace No

Appliance Electric Range, Refrigerator, Dryer, Washer

Laundry Washer Hookup, Dryer Hookup

Exterior

Utilities Available Cable Available, Satellite Internet Available

Water Access Desc Public

Roof Type Composition,Shingle

Porch Covered, Front Porch, Patio, Porch

Building

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

New Construction No

Schools

Elementary Schools Stone Spring

Middle Schools Skyline

High Schools Harrisonburg

Others

Tax ID 084 B 17


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Listed by Old Dominion Realty Inc
agent

Found It Homes

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+1(800) 790-7576

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