40 South Ave, Harrisonburg, VA 22801   •   $129,000

3 Beds  •  2 Baths  •  1004 Square Feet  •  MLS# 659230  •  Under Contract

Subdivision:	University Place
Area:	Harrisonburg
Heating:	Heat Pump
Cooling:	Heat Pump
Circa:	1986 (38 years old)
Lot Size:	0.00 acres
Association Fee:	$160
Days on Market:	3 (since Dec 23, 2024)
Listing By:	FATHOM REALTY

Investors take note! Great investment opportunity conveniently located near James Madison University! Current rental income is $950 on a yearly lease which renews Dec 2024. Tenant pays all utilities and has been in the unit over ten years and wishes to remain if possible. The monthly association fee covers common area maintenance, reserve funds, trash/snow removal, vinyl sidings, and roofing so this is a very low maintenance unit. Three bedrooms and two full bathrooms with steady income and low maintenance make this a perfect opportunity for the right investor! Property is tenant occupied. Please do not disturb tenant.

Elementary School:  Keister

Middle School:  Thomas Harrison

High School:  Rocktown