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625 Alleghany Ave, Staunton VA 24401
- $1,289,000
- MLS #:671586
- 0beds
- 0baths
- 0half-baths
- 6,228sq ft
- 0.28acres
Square Ft Finished: 6,228
Square Ft Unfinished: 0
Neighborhood: Lakeview Addition
Elementary School: Arthur R. Ware
Middle School: Shelburne
High School: Staunton
Property Type: residential
Subcategory: Apartment
HOA: No
Area: Staunton
Year Built: 1940
Price per Sq. Ft: $206.97
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. The result is a collection of thoughtfully laid-out units that attract long-term renters who appreciate both character and comfort. Solid construction and responsible upkeep help keep operating costs low and support strong, stable tenancy. The perfect balance of historic preservation, modern livability, and proven rental success.
HOA fee: $0
Garage Num Cars: 0.0
Cooling: CentralAir, HeatPump
Air Conditioning: CentralAir, HeatPump
Heating: HeatPump
Water: Public
Sewer: PublicSewer
Kickout: No
Annual Taxes: $8,190
Tax Year: 2025
Legal: BLK 8 LOTS 12&13 LAKEVIEW ADD
Directions: Thornrose Ave to Alleghany Ave on Left, property on the left.