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 units and are in an area of traditionally higher rental demand as workforce housing. 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! Owner is also willing to sell each building individually.
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0BEDS
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0.42ACRES
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0BATHS
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01/2 BATHS
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8,256SQFT
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$157$/SQFT
School Information
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 units and are in an area of traditionally higher rental demand as workforce housing. 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! Owner is also willing to sell each building individually.
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