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
Taxes
Visits
Year Built
Walkscore
Charlottesville Area Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Lynchburg MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The
