625 Alleghany, Staunton, VA 24401
Local realty services provided by:CENTURY 21 ALL-SERVICE
625 Alleghany,Staunton, VA 24401
$1,275,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: mclaren garth westland
Office: mac westland real estate group
MLS#:931228
Source:VA_RVAR
Price summary
- Price:$1,275,000
About this home
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....
Contact an agent
Home facts
- Year built:1947
- Listing ID #:931228
- Added:45 day(s) ago
- Updated:October 25, 2026 at 03:23 PM
Heating and cooling
- Cooling:Heat Pump Electric
- Heating:Heat Pump Electric
Structure and exterior
- Year built:1947
- Lot area:0.28 Acres
Finances and disclosures
- Price:$1,275,000
- Tax amount:$8,101
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