+4 more
/ 9
$1,275,000
625 Alleghany AVE
Staunton, VA 24401
13 days on market
Property Type
Residential Income
Year Built
1947
Lot Size
0.28 acres
Garage
—
About This Property
Fully leased, 7-unit apartment building offered for the serious multifamily investor. All units were renovated in 2018/2019, including upgraded electrical, plumbing, and HVAC systems, and a new roof was installed in March 2023. The building is 100% occupied, electric is individually metered and tenants pay all utilities.
Located in the heart of Staunton's historic Lakeview area, the property offers a rare combination of stabilized in-place income and a location that drives durable long-term rental demand. The building is close to Gypsy Hill Park and its public golf course, picnic pavilions, and beloved duck pond, as well as Mary Baldwin University, downtown restaurants and retail, the Amtrak station, and Augusta Health's Staunton outpatient center, with the main Augusta Health hospital campus a short drive away and Western State Hospital approximately 3.5 miles out. Easy access to I-81 and I-64 connects the property to Harrisonburg, Charlottesville, Richmond, and Washington, D.C.
This is a turnkey opportunity for an investor seeking in-place cash flow and in a location with genuine, multi-driver rental demand. Serious inquiries only.
To learn more about Staunton, visit visitstaunton.com.
Located in the heart of Staunton's historic Lakeview area, the property offers a rare combination of stabilized in-place income and a location that drives durable long-term rental demand. The building is close to Gypsy Hill Park and its public golf course, picnic pavilions, and beloved duck pond, as well as Mary Baldwin University, downtown restaurants and retail, the Amtrak station, and Augusta Health's Staunton outpatient center, with the main Augusta Health hospital campus a short drive away and Western State Hospital approximately 3.5 miles out. Easy access to I-81 and I-64 connects the property to Harrisonburg, Charlottesville, Richmond, and Washington, D.C.
This is a turnkey opportunity for an investor seeking in-place cash flow and in a location with genuine, multi-driver rental demand. Serious inquiries only.
To learn more about Staunton, visit visitstaunton.com.
Property Details
Interior
Exterior & Lot
- Lot Size
- 0.28 acres
- Year Built
- 1947
Location
- Subdivision
- N/A
- County
- Other - See Remarks
- ZIP Code
- 24401
Financial
- Annual Taxes
- $8,101
Utilities
- Sewer
- Public Sewer
Schools
- Elementary
- Other - See Remarks
- Middle School
- Other - See Remarks
- High School
- Other - See Remarks
Heating
Heat Pump Electric
Cooling
Heat Pump Electric
Location
Listing Information
- MLS #
- 931228
- Listing Agent
- MCLAREN GARTH WESTLAND
- Listing Office
- MAC WESTLAND REAL ESTATE GROUP
- Listed Date
- Sep 10, 2026
Contact Brian Deacon About This Property
Interested in 625 Alleghany AVE? Send us a message and we'll get back to you.