About 728 Foley Rd
Take advantage of this rare opportunity to own a 7-bedroom split-level multi-family property! The house is situated on a spacious R3 medium-density zoned lot and is located off of Reservoir Street, being only minutes from James Madison University. This property currently generates $4,100 per month in rental income, with tenants covering all utilities and minor repairs. Current lease runs through April 1, 2025. Interior features include; 2,484 square feet of finished living space with 7 bedrooms, and 3 full baths (one bedroom and large bonus room in finished basement). The lower level includes an additional 1,172 square feet of unfinished space and a garage area—ideal for adding another kitchen and creating a separate living unit to maximize rental income. Recent updates over the past 5 years include paint, blinds, and new kitchen flooring. Don’t miss this opportunity to own a profitable rental property in a prime City location with a growing college Town!!
Features of 728 Foley Rd
| MLS® # | 661105 |
|---|---|
| Price | $555,000.00 |
| Square Footage | 2,484.00 |
| Acres | 0.53 |
| Year Built | 1970 |
| Type | MULTI-FAMILY |
| Sub-Type | Other |
| Style | Split Level |
| Status | Active |
| Zoning | R-3 Multifamily Residential |
Community Information
| Address | 728 Foley Rd |
|---|---|
| Area | Harrisonburg |
| Subdivision | RIDGEVILLE HEIGHTS |
| City | HARRISONBURG |
| State | VA |
| Zip Code | 22801 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Interior | Parquet, Vinyl, Wood |
|---|---|
| Heating | Heat Pump |
| Cooling | Central AC, Heat Pump |
| Basement | Full, Heated, Inside Access, Outside Entrance, Partly Finished |
Exterior
| Exterior | Vinyl |
|---|---|
| Lot Description | Open |
| Roof | Composition Shingle |
| Foundation | Concrete Block |
School Information
| Elementary | Stone Spring |
|---|---|
| Middle | Skyline |
| High | Harrisonburg |
Additional Information
| Short Sale | No |
|---|
Listing Details
| Office | Old Dominion Realty Inc |
|---|