1321 MT CLINTON PIKE
Property Description
This up-and-down duplex at 1321 Mt Clinton Pike is a strong investment opportunity: a private setting just minutes from the campus of Eastern Mennonite University, with income already in place. Built in 2001 on a 0.32-acre lot, the property has two spacious apartments of about 1,404 SF each, with four bedrooms and two full bathrooms in each unit. The living areas are bright and open, with large windows, ceiling fans and a dining area that flows into the kitchen. The kitchen has wood cabinetry, a breakfast bar with pendant lighting and a full appliance package including a dishwasher, disposal, microwave and refrigerator. The upper apartment enjoys wonderful mountain views from its oversized living room windows. Each unit has its own stacked washer and dryer and an electric heat pump with central air, and the property also offers a deck and patio for outdoor space. Tenants are in place in both apartments, generating $4,400/month ($52,800/year) in rental income. Public water and sewer and high speed internet add to the appeal. Located in a quiet spot with easy access to EMU, Route 42 and the rest of Harrisonburg, this is a well-positioned addition to any investment portfolio.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $595,000 |
| Year Built: | 2001 |
| Lot Size: | 2,808.00 Sq ft |
| Opportunity Zone: | No |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-HRARVA-683848
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