A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
728 Foley Rd, Harrisonburg, VA 22801 • $540,000
MLS# 661105 • For Sale
| Subdivision: | Ridgeville Heights |
| Area: | Harrisonburg |
| Circa: | 1970 (55 years old) |
| Lot Size: | 0.53 acres |
| Days on Market: | 41 (since Feb 22, 2025) |
| Listing By: | Old Dominion Realty Inc |
Take advantage of this rare opportunity to own a 7-bedroom split-level multi-family property! The house is situated on a spacious R3 medium-density zoned lot and is located off of Reservoir Street, being only minutes from James Madison University. This property currently generates $4,100 per month in rental income, with tenants covering all utilities and minor repairs. Current lease runs through April 1, 2025. Interior features include; 2,484 square feet of finished living space with 7 bedrooms, and 3 full baths (one bedroom and large bonus room in finished basement). The lower level includes an additional 1,172 square feet of unfinished space and a garage area—ideal for adding another kitchen and creating a separate living unit to maximize rental income. Recent updates over the past 5 years include paint, blinds, and new kitchen flooring. Don’t miss this opportunity to own a profitable rental property in a prime City location with a growing college Town!!