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316 North High St, Harrisonburg VA 22802
- $498,900
- MLS #:676528
- 6beds
- 2baths
- 1half-baths
- 2,384sq ft
- 0.17acres
Square Ft Finished: 2,384
Square Ft Unfinished: 0
Neighborhood: None
Elementary School: Waterman
Middle School: Thomas Harrison
High School: Harrisonburg
Property Type: residential
Subcategory: Detached
HOA: No
Area: Harrisonburg
Year Built: 1920
Price per Sq. Ft: $209.27
Located less than one mile from James Madison University in downtown Harrisonburg, this investment property features six bedrooms and two and a half bathrooms and is fully leased through June 2027, offering immediate, stable cash flow. Gross monthly income is $4,770 for the upcoming lease term. Rear alley access provides convenient off-street parking, a valuable amenity in this location. The property has seen numerous capital improvements, including a new boiler, replacement of all visible knob-and-tube wiring. Additional updates include new kitchen and laundry flooring, thermostat replacement, and a new washer (March 2024). With strong income, key system upgrades, and a prime location, this is a good investment opportunity. A zoning verification letter is available upon request.
HOA fee: $0
Garage Num Cars: 0.0
Cooling: None
Air Conditioning: None
Heating: ForcedAir, NaturalGas
Water: Public
Sewer: PublicSewer
Basement: InteriorEntry, Unfinished
Kickout: No
Annual Taxes: $3,857
Tax Year: 2025
Legal: QUADRANT 2 ES N HIGH ST, Parcel 035-K-11
Directions: From JMU Quad, Grace Street to Right on High Street and proceed 0.8 miles to property.