625 ALLEGHANY AVE, STAUNTON,VA 24401

$1,289,000

625 ALLEGHANY AVE, STAUNTON, Virginia 24401 - $1,289,000

6,228 Sq.Ft
Marketed by Virginia Estates

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

Property Description

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.

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

Property Details
Basic Details
Property Type : Residential
Price : $1,289,000
Floor Size : 6,228 Sq.Ft
Year Built : 1940
Lot : 0.28 Acre
Status : Active

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

Address Map
US
VA
Charlottesville and Surrounding Counties
Staunton
STAUNTON
LAKEVIEW ADDITION
24401
W80° 55' 8.7''
N38° 9' 18''

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

Schools
Arthur R. Ware
Shelburne
Staunton

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

Additional Details
Multi-family
: R-3 Medium Density Residential
Appraisal
BLK 8 LOTS 12&13 LAKEVIEW ADD
: Concrete block
No
No
6486
Public Sewer
Active
: Public water
$0
206.97
2025
8190

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

    For Immediate Personal Service from a Local Agent

     

    Call (434) 409-4056

    deidre@virginiaestates.com







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    For immediate response contact Deidre Carpenter 434-409-4056, deidre@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. HANGER & ASSOCIATES represents the interest of the seller 540-421-2776 671586. 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 Deidre Carpenter 434-409-4056, deidre@virginiaestates.com.