501 4TH ST, WAYNESBORO,VA 22980

$250,000

501 4TH ST, WAYNESBORO, Virginia 22980 - $250,000

2,700 Sq.Ft
Marketed by Virginia Estates

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

Property Description

Four-unit investment opportunity in Waynesboro, priced below tax assessment with plenty of room to add value. The adjacent buildable lot is included in the sale (see MLS #683765). This two-story building on a corner lot offers two 2-bedroom and two 1-bedroom units, each with separate electric and gas meters. The property backs up to an alley. It needs renovation and is being sold as-is, making it a good fit for an investor or anyone ready to take on a project. Current rental income is $20,700 a year, well below what renovated units in the area bring in, so there’s real upside with updates. All tenants are month-to-month, giving a new owner flexibility to renovate and reposition. Close to downtown Waynesboro with easy access to I-64.

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

Property Details
Basic Details
Property Type : Residential
Price : $250,000
Floor Size : 2,700 Sq.Ft
Year Built : 1920
Lot : 0.14 Acre
Status : Active

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

Address Map
US
VA
Wayn
WAYNESBORO
BCMM & LC
22980
W79° 7' 29.1''
N38° 4' 28.5''

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

Schools
Wenonah
Kate collins
Waynesboro

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

Additional Details
Multi-family
: Rg-5 General Residential
Public records
BLOCK 8 LOTS 45, 46, 47, & 48 BCMM&L
: Concrete block
No
No
1960
Public Sewer
Active
: Public water
$0
92.59
2026
2081.04
: Masonite
: Metal - other

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

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For Detailed Buyer Information Call (434) 981-5923 or email 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. REAL BROKER LLC represents the interest of the seller 855-450-0442 683766. 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.