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$1,275,000

For Sale

A month ago

625 Alleghany Ave, Staunton, VA

Condo

MLS® 931228

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
HOA Fees 
Taxes $8,101
Days Active 31
Approx. Age 1947
MLS® Number 931228

Property Address: 625 Alleghany Ave, Staunton, VA, 24401-3179

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number931228
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1947
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHeat Pump Electric
A/CHeat Pump Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 10, 2026List Date
$1,275,000List Price
  • Commute

Commute

Starting Address
Destination Address
625 Alleghany Ave, Staunton, VA

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