961 CHICAGO AVE, HARRISONBURG,VA 22801

$4,500,000

961 CHICAGO AVE, HARRISONBURG, Virginia 22801 - $4,500,000

21,044 Sq.Ft
Marketed by Virginia Estates

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Property Description

A exceedingly rare opportunity to own a 29 unit all brick multifamily investment property currently near 100% occupancy. Units are a mix of (13) one-bedroom apts, (15) two-bedroom apts, and (1) one-bedroom efficiency. Rates in the area and within this complex have steadily appreciated while maintaining low vacancy rates. Desirable area near EMU, JMU and many employers. Easy access to bus routes. Off-street parking is maintained for the benefit of the tenants. Listing Agent is a part owner of the subject property and is a Licensed Real Estate Broker in the Commonwealth of VA

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Property Details
Basic Details
Property Type : Residential
Price : $4,500,000
Floor Size : 21,044 Sq.Ft
Year Built : 1980
Lot : 1.23 Acre
Status : Active

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Address Map
US
VA
Harrisonburg
HARRISONBURG
PLEASANT ACRES
22801
W79° 7' 22.1''
N38° 27' 54''

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Schools
Waterman
Thomas harrison
Harrisonburg

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Additional Details
Multi-family
: B-2 General Business
Public records
QUADRANT 2 W OF CHICAGO AVE
: Concrete block
No
No
048-E-12,13,14 15, 20
Public Sewer
Active
: Public water
$0
213.84
2024

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

    For Immediate Personal Service from a Local Agent

     

    Call (434) 981-5923

    rick@virginiaestates.com







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    For immediate response contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.
    Virginia Estates uses MLS data from Charlottesville Area Association of Realtors, Richmond Association of Realtors, Chesapeake Bay & Rivers Association, and Bright MLS to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. Virginia Estates has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website. Cottonwood Commercial LLC represents the interest of the seller 540-434-9922 662827. What is IDX? According to IDXBroker.com, IDX (Internet Data Exchange) allows agents and brokers to access and display MLS listing information on their real estate websites. Also known as Broker Reciprocity, the term "IDX" refers to the software, rules and regulations which allow MLS data to show on your site. This data feed typically encompasses the listing data for properties entered into the MLS system, while IDX rules may determine where, what, and how it is displayed.
    For buyer representation by Virginia Estates contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.