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About This Home
This 6-bedroom, 3-bathroom single family at 316 NORTH HIGH ST in Harrisonburg, VA is listed for $498,900 ($209 per sqft). Built in 1920, the home offers 2,384 sqft of living space on a 0.17 acres lot.
Located less than one mile from James Madison University in downtown Harrisonburg, this investment property features six bedrooms and two and a half bathrooms and is fully leased through June 2027, offering immediate, stable cash flow. Gross monthly income is $4,770 for the upcoming lease term.
Rear alley access provides convenient off-street parking, a valuable amenity in this location. The property has seen numerous capital improvements, including a new boiler, replacement of all visible knob-and-tube wiring. Additional updates include new kitchen and laundry flooring, thermostat replacement, and a new washer (March 2024). With strong income, key system upgrades, and a prime location, this is a good investment opportunity. A zoning verification letter is available upon request.
Key Features
- Built in 1920
- 0.17 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$2,668/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
316 NORTH HIGH ST
Harrisonburg, VA 22802
Property Details
Heating
Questions & Answers
This 6-bedroom, 3-bathroom single family at 316 NORTH HIGH ST is listed at $498,900 ($209/sqft). The estimated monthly payment is $2,162 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.17 acre lot, 2 stories.
This property is listed by Kemper Funkhouser and can be reached at 5404213556 or kemper@funkhousergroup.com.
