Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
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 A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com 

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MULTI FAMILY PROPERTIES
1460 Market St, Harrisonburg, VA 22802     $2,082,700
MLS# 671078    For Sale
Subdivision: Westfield
Area: Harrisonburg
Circa: 2000 (25 years old)
Lot Size: 1.18 acres
Days on Market:   5 (since Nov 13, 2025)
Listing By: APMS Realty LLC
Opportunity for investors, eight (8) individual 2 BR, 1.5 bath townhomes being sold together, all are currently leased to tenants with good rental history, many have been long term renters. Tenants pay all utilities, no HOA dues.
 
Sample Westfield Investment Analysis....
Property Details
Purchase Price $0 based on median sales price
 
Income (Annual)
Monthly Rental Rate $0 estimate based on currently available rental data   
Projected Vacancy 4% half a month per year
Gross Operating Income    $0     
 
Expense (Annual)
Real Estate Taxes $0 estimate based on median sales price
Repairs $0 estimate based on typical property condition
Association Dues $0 estimated to be $0 per month
Property Management $0 assuming self management
Insurance $0 estimate based on recent trends
Utilities $0 assumes tenant pays all utilities
Advertising $100 estimate
Total Operating Expenses    $100  
 
Cash Flow Before Tax
Gross Operating Income $0  
 - Operating Expenses  - $100  
Net Operating Income $-100     
 - Annual Debt Service  - $0 financing 80% of the purchase price at 7.75%
Cash Flow Before Taxes    $-100     

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Have Questions?  Contact Scott P. Rogers at 540-578-0102 or scott@HarrisonburgHousingToday.com.