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$540,000 - Br/0Ba - for Sale in Ridgeville Heights, Harrisonburg
Price: $540,000
Baths: 0
Status: Active
Property Type: Other
Lot Size Acres: 0.53
Lot Size SqFt: 23,086
Year Built: 1970
Neighborhood: Ridgeville Heights
Days on Website: 11

Courtesy of Old Dominion Realty Inc

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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!!

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Property Details and Features

  • Property Access
  • Road frontage type: PublicRoad
  • Appliances & Equipment
  • ElectricRange
  • Refrigerator
  • Dryer
  • Washer
  • Basement
  • ExteriorEntry
  • Full
  • Heated
  • InteriorEntry
  • PartiallyFinished
  • Building
  • Architectural style: SplitLevel
  • Construction materials: VinylSiding
  • Levels: MultiSplit
  • Living area: 2,484
  • Built in 1970
  • Cooling
  • CentralAir
  • HeatPump
  • Floors
  • Parquet
  • Vinyl
  • Wood
  • Heating
  • HeatPump
  • Laundry
  • WasherHookup
  • DryerHookup
  • Listing
  • 39 days on market
  • Lease amount: $4,100
  • ListingID: 661105
  • Standard status: Active
  • Location
  • Subdivision name: RIDGEVILLE HEIGHTS
  • Lot
  • OpenLot
  • 0.53 acres
  • Possession
  • CloseOfEscrow
  • Property
  • Covered
  • FrontPorch
  • Patio
  • Porch
  • Roof
  • Composition
  • Shingle
  • Schools
  • Elementary school: Stone Spring
  • High school: Harrisonburg
  • Middle or junior school: Skyline
  • Sewer
  • PublicSewer
  • Taxes
  • Tax annual amount: $3,935
  • Tax year: 2024
  • Tenant Pays
  • Electricity
  • Sewer
  • TrashCollection
  • Water
  • Utilities
  • CableAvailable
  • SatelliteInternetAvailable

Property Map

$540,000 – 728 Foley Rd, Harrisonburg, VA 22801

Street View

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