Address
1041 Shenandoah St, Harrisonburg, VA
Price
$ 4,800,000
Property Attributes
  • MLS#637308
  • TypePending
  • CountyHARRISONBURG
  • CityHarrisonburg
  • AreaHarrisonburg
  • Zip22802
  • Style4+ Apts
  • Year Built1980
  • Taxes$ 28244
  • Price$ 4,800,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage34204
  • Lot Size1.91 Acres
Data Source:
Charlottesville MLS (CAARMLS)
Property Description

38 UNIT TOWNHOMES COMPLEX FOR SALE. Located at 1041,1045,1049, 1053 and 1057 Shenandoah Street, Harrisonburg, VA, the Farm Gate Townhomes are five buildings constructed with brick veneer & vinyl exterior walls, a composition shingle roof, and crawl on approximately 1.9 acres. The properties consist of 38 townhouses with 2 bedroom and 1.5 bath. The average unit size is 900 square feet with baseboard heat and wall mount PTAC unit. The buildings were constructed in 1980 and have been maintained well. Other improvements include the paved parking lot, concrete sidewalks and lights, and typical landscaping. 90% of the units have been updated with new flooring and updated fixtures in the last six years. Currently 100% occupancy. Tenants pay all utilities. Solid cash flow with approximately $32,940 in gross monthly income. Superbly located with a bus route and close to all City amenities.

Elementary School Middle School High School
Waterman Elementary School Thomas Harrison Middle School Harrisonburg High School
Price History
12/19/2022 Listed $4,800,000

General Features

AVM No
Access Bus on City Route, Private Road, Public Road
Area Harrisonburg
Basement Crawl
Cable/Internet Available Cable, DSL
City HARRISONBURG
Class MULTI-FAMILY
Coming Soon 38 UNIT TOWNHOMES COMPLEX FOR SALE. Located at 1041, 1045, 1049, 1053 and 1057 Shenandoah Street, Harrisonburg, VA
DOM 37
Directions TAKE CHICAGO AVE. LEFT ON SHENANDOAH ST, UNITS ONLEFT. 1041, 1045, 1049, 1053, AND 1057 SHENANDOAH STREET
Green Features No
Gross Rent 395268
HOA No
Heating Baseboard, Electric
High School Harrisonburg
Laundry Y/N Dryer, Washer
Legal Description QUADRANT 2 SS SHENANDOAH ST
Middle School Thomas Harrison
New Construction No
Owner Pays Insurance, Maintenance, Management, Snow Removal, Taxes, Trash
Parcel Number 048 E 7
Postal Code 22802
Price Per Sq Ft 140.33
Primary City Harrisonburg
Roof Composition Shingle
Status Pending
Status Pending
Street Name SHENANDOAH ST
Structure-security Smoke Detector(s)
Subdivision VA
Subdivision NONE
Tax Year 2022
Taxes 28244
Tenant Pays Electricity, Water/Sewer
Type 4+ Apts
Water Public Water
Year Built 1980
Zoning R-3 Multiple Dwelling Residentia

Interior Features

Air Conditioning Wall Unit(s)
Kitchen Appliances/feat Electric Range, Pantry, Refrigerator
Structure-floors Carpet, Vinyl
Total Finished Sq. Ft. 34204
Total Number of Units 38
Unit 1: # Baths 1.5
Unit 1: # Beds 2
Unit 1: # Sqft 900
Unit 1: # Units 38
Unit 1: Type 2 Bed Apt

Exterior Features

Exterior Brick, Vinyl
Foundation Concrete Block
Land Description Fenced Part
Lot Size Area 1.91
Sewer/Septic Public Sewer

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 22802

Price
AVG $690K
$4.8M
Taxes
AVG $304
$28,244
Visits
AVG 64
22
Year Built
AVG 1984
1980
Walkscore
AVG 34
46
Data Provided by Walkscore ® not using MLS data

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