625 Alleghany Ave, STAUNTON, 24401

REDUCED 11% Multi-Family - 4+ Apts in LAKEVIEW ADDITION

$975,000

1Bed
–Full Baths
–Half Baths

6,228Sqft
.28Acres
1940Built
50DOM
MLS® #: 640532
Active, 50 Days on Market
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Mattias Clymer

REALTORĀ®

  • Office 540-434-2400
  • Cell 540-246-9067
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NICE MULTI-FAMILY PROPERTY WITH 7 UNITS RENOVATED BETWEEN 2018 AND 2019 IN GOOD CONDITION. LOCATED WITH-IN WALKING DISTANCE TO GYPSY HILL PARK. THIS PROPERTY IS CURRENTLY UNDER THE STAUNTON REHABILITATION TAX ABATEMENT PROGRAM THAT RUNS THROUGH 12/31/2026. A $1951 TAX SAVINGS PER YEAR. EACH UNIT HAS IT'S OWN ELECTRIC METER. OWNER PAYS FOR WATER,SEWER,TRASH REMOVAL. 100% OCCUPANCY. THE ELECTRIC, PLUMBING AND HVAC WERE UPGRADED BETEEN 2018 AND 2019.THE ROOF WAS REPLACED 3/15/2023 AND WARRANTY CONVEYS. SELLER IS A LICENSED REAL ESTATE AGENT IN VA.

Price & Status History

Date Details
Price Reduced from $1,100,000 to $975,000

Essential Information

MLS® #: 640532
Price: $975,000
Bedrooms: 1
Total Bathrooms: 1.00
Square Footage: 6,228
Acres: 0.28
Year Built: 1940
Type: Multi-Family
Sub-Type: 4+ Apts
Status: Active

Community Information

Address: 625 Alleghany Ave
Area: Staunton
Subdivision: LAKEVIEW ADDITION
City: STAUNTON
State: Virginia
Zip Code: 24401

Interior

Heating: Electric, Forced Air, Heat Pump
Cooling: Central AC

Exterior

Foundation: Poured Concrete

School Information

Elementary: Arthur R. Ware
Middle: Shelburne
High: Staunton

Additional Information

Date Listed: April 13th, 2023
Days on Market: 50
Zoning: R-3 Medium Density Residential
Listing Office: DICK FIREBAUGH REAL ESTATE
Listing Agent: William Wright

Listing Details

Listing Office: DICK FIREBAUGH REAL ESTATE

Financials

$/SqFt: $157

Neighborhood Information for 625 Alleghany Ave

Stable Population, Moderate Residential Turnover

  • Lows

    • January 20.80℉
    • July 60.90℉
  • rain icon

    Precipitation

    • 38.85"

  • Highs

    • January 40.50℉
    • July 83.30℉

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