625 Alleghany Ave, Staunton, VA 24401

$1,289,000
6,228
SqFt

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List Price
$1,289,000
Status
ACTIVE
MLS#
671586
Living Area
6,228
Lot Size
12,196
Year Built
1940
Subdivision
Lakeview Addition
Region
Staunton

Property Description

Incredible investment opportunity in the heart of Staunton. This well-maintained 7-unit multifamily property blends timeless architectural character with thoughtful modern upgrades—an ideal combination for investors seeking durability, appeal, and long-term value. Located steps from downtown Staunton, Mary Baldwin University, parks, restaurants, and major commuter routes, this income-producing asset stands out as a rare find in today’s market. Inside, the building showcases beautifully preserved historic details, including original oak flooring, classic millwork, and period craftsmanship that gives each unit distinctive warmth and charm. Over the years, selective renovations have introduced modern conveniences—updated kitchens and baths, refreshed fixtures, efficient heating and cooling systems, and easy-to-maintain surfaces—creating an appealing blend of old and new.

Additional Information

Heating
Heat Pump
Water
Public
Sewer
Public Sewer
Elementary School
Arthur R. Ware
Middle School
Shelburne
High School
Staunton

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Listing courtesy of HANGER & ASSOCIATES.