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8 Rainbow Ln

WAYNESBORO, VA 22980
  • $899,999
  • STATUS: Active
  • ON SITE: 440 Days
  • MLS #: 650022
UPDATED: 46 min ago
$899,999
  • 0
    BEDS
  • 4.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,156
    SQFT
  • $110
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1972
Area:

School Ratings & Info

Description

Investment Opportunity! This opportunity in a serene setting is ideal for investors seeking strong income potential and long-term value. Nestled in a peaceful location with stunning views, this fully furnished property offers 14 units across a thoughtfully laid-out complex. The property features: 6 private units with half baths 7 private units with full baths 1 spacious private apartment perfect for an owner-occupant or onsite manager Currently configured for comfort and functionality, this is income ready from day one. All rooms come fully furnished, with furniture included in the sale. Property highlights include: Communal living and recreational areas for tenant engagement and flexibility of use Three large shower/laundry/saloon room with potential for conversion or additional amenities Commercial-grade kitchen suitable for shared use Lush, landscaped outdoor areas offering relaxation and curb appeal Two detached 3-car garage outbuildings provide ample storage, including backup furnishings to support tenant turnover or upgrades. Private Office for management purposes

Monthly Payment Calculator



Listing information © 2025 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Kline & Co Real Estate. Data last updated 2025-05-15T08:15:51.763.
www.klineandcorealestate.com/homes/148133953
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8 Rainbow Ln WAYNESBORO, VA 22980

  • Price: $899,999
  • Status: Active
  • On Site: 440 Days
  • Updated: 46 min ago
  • MLS #: 650022
0
Beds
0
Baths
0
½ Baths
4.48
Acres
8,156
SQFT
$110
$/SQFT
1972
Built
Neighborhood:
Waynesboro
Area:
Waynesboro
Property Description
Investment Opportunity! This opportunity in a serene setting is ideal for investors seeking strong income potential and long-term value. Nestled in a peaceful location with stunning views, this fully furnished property offers 14 units across a thoughtfully laid-out complex. The property features: 6 private units with half baths 7 private units with full baths 1 spacious private apartment perfect for an owner-occupant or onsite manager Currently configured for comfort and functionality, this is income ready from day one. All rooms come fully furnished, with furniture included in the sale. Property highlights include: Communal living and recreational areas for tenant engagement and flexibility of use Three large shower/laundry/saloon room with potential for conversion or additional amenities Commercial-grade kitchen suitable for shared use Lush, landscaped outdoor areas offering relaxation and curb appeal Two detached 3-car garage outbuildings provide ample storage, including backup furnishings to support tenant turnover or upgrades. Private Office for management purposes
Exterior Features

Construction Materials Brick Vinyl Siding Parking Features Private Three or more Spaces Roof Metal

Interior Features

Cooling Central Air Cooling YN Yes Flooring Concrete Heating Hot Water Propane Heating YN Yes Levels One

Property Features

Building Area Total 8156 Electric 110 Volts3 Phase220 Volts Lease Considered YN No Possible Use Hotel / Motel Medical / Dental Property Sub Type Building Sale Or Lease Indicator For Sale Sewer Septic Tank Tax Year 2024 Water Source Connected Private Zoning Description C-2 General Business

Listing provided courtesy of KLINE & CO. REAL ESTATE: 540-946-4000.


Listing information © 2025 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Kline & Co Real Estate. Data last updated 2025-05-15T08:15:51.763.
 
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Kline & Co Real Estate
2503 Jefferson Highway
Waynesboro VA, 22980