71 BROAD ST
Property Description
Live upstairs. Let downstairs help cover the mortgage. In 2025, the downstairs short-term rental at 71 Broad Street generated over $53,000 in payouts! Just blocks from Court Square in Harrisonburg's Newtown neighborhood, this renovated Victorian duplex offers 2,774 square feet across two apartments and a rare downtown income-producing opportunity. The upstairs unit features 3 bedrooms and 2 baths; downstairs offers 2 bedrooms and 1 bath, with an established STR operation and an approved City of Harrisonburg Special Use Permit. Financial records are available for review. Previously renovated with updated kitchens, cabinetry, countertops, and appliances, the property has since benefited from more than $125,000 in additional improvements, including a new roof and siding in 2026, plus porch, plumbing, and electrical updates. Both units offer hardwood floors, natural light, and historic character alongside modern finishes. Enjoy a covered front porch and shared patio. Live in one unit and offset your housing costs, or explore traditional long-term rental options. Check out the Airbnb listing! STR use is subject to City requirements - buyer due diligence.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $569,900 |
| Year Built: | 1911 |
| Lot Size: | 2,774.00 Sq ft |
| Opportunity Zone: | No |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-HRARVA-683890
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
5610 WISCONSIN AVE #1602
CHEVY CHASE, Maryland
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout