1041 Shenandoah St, HARRISONBURG, 22802

Multi-Family - 4+ Apts


Full Baths
Half Baths

MLS® #: 637308
Pending, 37 Days on Market

Mattias Clymer


  • Office 540-434-2400
  • Cell 540-246-9067

38 UNIT TOWNHOMES COMPLEX FOR SALE. Located at 1041,1045,1049, 1053 and 1057 Shenandoah Street, Harrisonburg, VA, the Farm Gate Townhomes are five buildings constructed with brick veneer & vinyl exterior walls, a composition shingle roof, and crawl on approximately 1.9 acres. The properties consist of 38 townhouses with 2 bedroom and 1.5 bath. The average unit size is 900 square feet with baseboard heat and wall mount PTAC unit. The buildings were constructed in 1980 and have been maintained well. Other improvements include the paved parking lot, concrete sidewalks and lights, and typical landscaping. 90% of the units have been updated with new flooring and updated fixtures in the last six years. Currently 100% occupancy. Tenants pay all utilities. Solid cash flow with approximately $32,940 in gross monthly income. Superbly located with a bus route and close to all City amenities.

Price & Status History

Date Details
Status Changed from Active to Pending

Essential Information

MLS® #: 637308
Price: $4,800,000
Bedrooms: 2
Total Bathrooms: 1.50
Square Footage: 34,204
Acres: 1.91
Year Built: 1980
Type: Multi-Family
Sub-Type: 4+ Apts
Status: Pending

Community Information

Address: 1041 Shenandoah St
Subdivision: NONE
State: Virginia
Zip Code: 22802


Interior: Carpet, Vinyl
Appliances: Electric Range, Pantry, Refrigerator
Heating: Baseboard, Electric
Cooling: Wall Unit(s)
Has Basement: Yes
Basement: Crawl


Exterior: Brick, Vinyl
Lot Description: Fenced Part
Roof: Composition Shingle
Foundation: Concrete Block

School Information

Elementary: Waterman

Additional Information

Date Listed: December 19th, 2022
Days on Market: 37
Zoning: R-3 Multiple Dwelling Residential
Listing Office: Cottonwood Commercial LLC
Listing Agent: Jason Song

Listing Details

Listing Office: Cottonwood Commercial LLC


$/SqFt: $140

Neighborhood Information for 1041 Shenandoah St

Stable Population, Moderate Residential Turnover

  • Lows

    • January 20.40℉
    • July 61.60℉
  • rain icon


    • 36.12"
  • Highs

    • January 40.50℉
    • July 85.30℉

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