About 8 Rainbow Ln
Investment Opportunity! This opportunity in a serene setting is ideal for investors seeking strong income potential and long-term value. Nestled in a peaceful location with stunning views, this fully furnished property offers 14 units across a thoughtfully laid-out complex. The property features: • 6 private units with half baths • 7 private units with full baths • 1 spacious private apartment – perfect for an owner-occupant or onsite manager Currently configured for comfort and functionality, this is income ready from day one. All rooms come fully furnished, with furniture included in the sale. Property highlights include: • Communal living and recreational areas for tenant engagement and flexibility of use • Three large shower/laundry/saloon room with potential for conversion or additional amenities • Commercial-grade kitchen suitable for shared use • Lush, landscaped outdoor areas offering relaxation and curb appeal • Two detached 3-car garage outbuildings provide ample storage, including backup furnishings to support tenant turnover or upgrades. • Private Office for management purposes
Features of 8 Rainbow Ln
| MLS® # | 650022 |
|---|---|
| Price | $899,999.00 |
| Square Footage | 8,156.00 |
| Acres | 4.48 |
| Year Built | 1972 |
| Type | COMMERCIAL SALES |
| Sub-Type | Building |
| Status | Active |
| Zoning | C-2 General Business |
Community Information
| Address | 8 Rainbow Ln |
|---|---|
| Area | Waynesboro |
| City | WAYNESBORO |
| State | VA |
| Zip Code | 22980 |
Amenities
| Parking | Private 11+ Spaces |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Hot Water, Propane |
|---|---|
| Cooling | Central Air |
| # of Stories | 1 |
Exterior
| Roof | Metal |
|---|---|
| Construction | Brick, Vinyl/Metal Siding |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | KLINE & CO. REAL ESTATE |
|---|