16 W PEABODY ST W Active Save Request In-Person Tour Request Virtual Tour
Staunton,VA 24401
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,856 sqft
Price per Sqft $134
MLS Listing ID 663601
Bedrooms 3
Full Baths 2
Year Built 1930
Annual Tax Amount $1,706
Tax Year 2025
Lot Size 5,227 Sqft
Property Sub-Type Detached
Property Description
Great investment opportunity!! You can live in the upstairs and rent the downstairs or rent both. This two story beauty offers 2 rental units; the top unit is a 2 bedroom, 1 bathroom unit with great flow & a nice size flex space for an office or storage area right off of the kitchen; the lower unit is a 1 bedroom, 1 bathroom with large rooms, a back porch, a storage area and has great flow as well. You could also convert this home back into a single family residence. The cost to own this over under duplex as a rental property are minimal so that means more money in your pocket. The upper unit rents for $800 a month and the lower unit rents for $840 a month, with cosmetic updates there is great potential to increase the rent rates. Recent updates include; in the last 6 years a new standing seam roof, siding and windows; Fortress Foundation Solutions has completed foundation work to make sure it is sturdy and ready for it's new owner. This one won't last long so call your favorite Realtor today to set up a showing!! Disclosure: Listing photos are from when it was not occupied right before the current owner purchased the property.
Location
State VA
County Staunton
Zoning R-3 Medium Density Multi-Family Residential
Interior
Heating Baseboard,Electric
Cooling Window Unit(s)
Flooring Carpet,Linoleum,Vinyl
Laundry None
Exterior
Community Features None
Utilities Available Cable Available,High Speed Internet Available,Satellite Internet Available
View Residential
Roof Type Metal
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Bessie Weller
Middle Schools Shelburne
High Schools Staunton