625 Alleghany Ave
Staunton, VA 24401
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Bed
0
Bath
0.28Acre(Lot)
Fully leased, 7-unit apartment building offered for the serious multifamily investor. All units were renovated in 2018/2019, including upgraded electrical, plumbing, and HVAC systems, and a new roof was installed in March 2023. The building is 100% occupied, electric is individually metered and tenants pay all utilities. Located in the heart of Staunton's historic Lakeview area, the property offers a rare combination of stabilized in-place income and a location that drives durable long-term rental demand. The building is close to Gypsy Hill Park and its public golf course, picnic pavilions, and beloved duck pond, as well as Mary Baldwin University, downtown restaurants and retail, the Amtrak station, and Augusta Health's Staunton outpatient center, with the main Augusta Health hospital
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Electric, Heat Pump Has Cooling: Yes Cooling: Heat Pump
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Building Information
Year Built: 1947 Construction Materials: Brick Private Pool: No
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Lot Information
Main Square Feet: 0.28 Acres Lot Size Acres: 0.28 Lot Size Square Feet: 12196.8Property Information
Subdivision: N/A Source Property Type: Residential Income MLS Area Minor: 9900 - All Other Counties/Cities Property SubType: Apartment Property Age: 79
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Listing Price Information
Listing Price: $1275000
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Tax Information
Parcel Number: 6468 Tax Lot: 12 & 13 Tax Block: 8 Annual Tax: $8101
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Parking Information
On Street
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School Information
Elementary School: Other - See RemarksJunior High School: Other - See RemarksSenior High School: Other - See Remarks -
Location Information
Direction: West Fredrick ST, Left on Alleghany Ave, property on right WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 291 Heather Lane, Staunton, VA, 24401 | $399,990 | 4 | 2 | 1,698 | 0.25 Acre |
| 39 Avonwoods Drive, Staunton, VA, 24401 | $597,740 | 5 | 4 | 3,115 | 0.52 Acre |
| 293 Heather Lane, Staunton, VA, 24401 | $399,990 | 4 | 2 | 1,698 | 0.25 Acre |
| 16 River Oak Drive, Staunton, VA, 24401 | $459,990 | 4 | 2 | 1,698 | 0.24 Acre |
| 21 River Oak Drive, Staunton, VA, 24401 | $399,990 | 4 | 3 | 1,649 | 0.24 Acre |
| 507 Willoughby Lane, Staunton, VA, 24401 | $460,000 | 5 | 3 | 2,016 | 0.49 Acre |
| 705 Richmond Ave, Staunton, VA, 24401 | $550,000 | 7 | 10 | 4,126 | 0.40 Acre |
| 508 Wakefield Circle, Staunton, VA, 24401 | $940,000 | 4 | 4 | 4,687 | 2.33 Acres |
| 259 Heather Lane, Staunton, VA, 24401 | $399,990 | 4 | 2 | 1,698 | 0.25 Acre |
| 279 Heather Lane, Staunton, VA, 24401 | $399,990 | 4 | 2 | 1,698 | 0.25 Acre |
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ByOwner last updated this listing 09/12/2026 @ 20:59
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