600 & 620 Norwood St, Harrisonburg, VA 22801
- $1,574,800
- 8,256
- SqFt
- List Price
- $1,574,800
- Status
- ACTIVE
- Days on Market
- 21
- MLS#
- 679191
- Subtype
- Residential
- Year Built
- 1980
- Living Area
- 8,256
- Lot Size
- 18,295
- Acres
- 0.42
- MLS Area Major
- Rockingham Co NE
Property Description
Mid-size apartment buildings in Harrisonburg like this don’t hit the market very often! Located in the center of Harrisonburg, just off the I81 interchange and E Market Street, these units are within a few minute drive to restaurants, retail, grocery and entertainment. 600 and 620 Norwood Street offer 15 total, fully leased, units and are in an area of traditionally higher rental demand. Each unit is 1 bed, 1 bath and 500 +/- sq feet. With long-lasting brick construction and current rents below market rate, there is room to add value and own long-term income producing multifamily property. In addition, owner will also be installing a new roof prior on 600 Norwood Street prior to closing, which will help limit future capital expenses. Don’t miss this great investment opportunity!
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Additional Information
- Taxes
- $12,928
- Heating
- Baseboard
- Air Conditioning
- Window/Wall, Window/Wall
- Roof
- Composition, Shingle
- Foundation
- Brick/Mortar
- Elementary School
- Spotswood (Harrisonburg)
- Middle School
- Skyline
- High School
- Rocktown
Mortgage Calculator
Listing courtesy of Cottonwood Commercial LLC. Contact: