1229 Stack St, Staunton, VA 24401
- $399,000
- 2,214
- SqFt
- List Price
- $399,000
- Status
- ACTIVE
- MLS#
- 676816
- Living Area
- 2,214
- Lot Size
- 1,306
- Year Built
- 1914
- Region
- Staunton
Property Description
Excellent opportunity to own a fully occupied 4-unit apartment building in Staunton. Each unit features 1 bedroom and 1 bathroom. Property is currently generating $2,500 per month ($30,000 annually) with strong upside potential as current rents are below market value. This property offers immediate cash flow with the opportunity to increase returns through rent adjustments and improvements. Conveniently located with strong rental demand in the area. Ideal for investors looking to expand their portfolio with a value-add asset. Newer Metal Roof and Gutters. Vinyl Replacement Windows.
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Additional Information
- Heating
- Baseboard, Electric
- Roof
- Metal
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Bessie Weller
- Middle School
- Shelburne
- High School
- Staunton
Mortgage Calculator
Listing courtesy of DECKER REALTY.