Scott P. Rogers, Funkhouser Real Estate Group
540-578-0102, scott@FunkhouserGroup.com
Scott P. Rogers    Funkhouser Real Estate Group    540-578-0102
A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
 
40 South Ave
Harrisonburg, VA
Sold for $140,000 on 3/7/2025
 
Investors take note! Great investment opportunity conveniently located near James Madison University! Current rental income is $950 on a yearly lease which renews Dec 2024. Tenant pays all utilities and has been in the unit over ten years and wishes to remain if possible. The monthly association fee covers common area maintenance, reserve funds, trash/snow removal, vinyl sidings, and roofing so this is a very low maintenance unit. Three bedrooms and two full bathrooms with steady income and low maintenance make this a perfect opportunity for the right investor! The property is available to view during the open house on Saturday, February 8 from 3-5pm. Property is tenant occupied. Please do not disturb tenant.
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Basic Transaction Details
40 South Ave, Harrisonburg, VA
3 BR  •  2 BA  •  1,004 SF  •  0.00 acres  •  circa 1986
Sold for $140,000 on 3/7/2025
Listed by FATHOM REALTY
Timeline of the Sale
12/04/2024   Listed for $129,000
12/13/2024   Under Contract
3/7/2025   Sold for $140,000
Stats of the Sale
Under Contract after 9 Days on Market
Sold for 108.5% of Final List Price
Sales Price Ranking: #1063 (of 1,077) in past year
Location, Location, Location
 
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