Property photo 1
6 photos
ActiveMLS# 676816147 days on market

$399,000

1229 Stack St

Staunton, VA 24401

0 BD|0 BA|2,214 SQFT|$180.22/sqft

About This Property

Excellent opportunity to own a fully occupied 4-unit apartment building in Staunton. Each unit features 1 bedroom and 1 bathroom. Property is currently generating $2,500 per month ($30,000 annually) with strong upside potential as current rents are below market value. This property offers immediate cash flow with the opportunity to increase returns through rent adjustments and improvements. Conveniently located with strong rental demand in the area. Ideal for investors looking to expand their portfolio with a value-add asset. Newer Metal Roof and Gutters. Vinyl Replacement Windows.

Features & Amenities

Basement

Property Details

Property TypeSingle Family
Year Built1914
Lot Size1,307 sqft
Price / Sqft$180.22
Days on Market147
MLS Number676816

Tammy Wiles

Virginia Real Estate Broker

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Est. Monthly Payment

$2,400

P&I: $2,018 | Tax: $283 | Insurance: $100

$399,000
%
%
Loan Amount$319,200
Down Payment$79,800

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

1229 Stack St, Staunton, VA 24401

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