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Size: 0.24 Acres
Home: 5 beds - 4 full baths - 5,618 Sq Ft

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Detached - WAYNESBORO, VA

Exceptional investment opportunity—this 8-unit multifamily property delivers strong income performance with a 10% cap rate. Positioned on a high-visibility corner, the building features a well-balanced unit mix of 2 studios, 3 one-bedroom units, and 3 two-bedroom units, appealing to a wide range of tenants. The property offers updated interiors, a large paved parking area, and separately metered utilities for streamlined management and reduced owner expenses. Its prominent location ensures excellent traffic exposure, contributing to consistent demand and stable occupancy. Located just minutes from Downtown Waynesboro, the 250 Greenway, Basic City Brewery, Happ Coffee Roasters, and popular local amenities, this property attracts tenants seeking convenience and walkability. Quick access to Interstate 64 further enhances renter appeal. A rare chance to acquire a turnkey, income-producing mu...

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Kline May Realty

License #0225216572

Harrisonburg, VA

(540) 820-8222

Sara Wilfong

Kline May Realty
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Is this your property? Sell it faster with premium placement and targeted ads.