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® # | VAHC2000384 |
|---|---|
| Price | $532,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,484 |
| Acres | 0.53 |
| Year Built | 1970 |
| Type | Multi-Family |
| Sub-Type | Other, Detached |
| Style | Split Level |
| Status | Active |
Community Information
| Address | 728 Foley Rd |
|---|---|
| City | HARRISONBURG |
| County | HARRISONBURG CITY-VA |
| State | VA |
| Zip Code | 22801 |
Amenities
| # of Garages | 1 |
|---|---|
| Garages | Garage - Front Entry |
| Is Waterfront | No |
Interior
| Appliances | Stove, Refrigerator, Dishwasher |
|---|---|
| Heating | Heat Pump(s) |
| Cooling | Central A/C |
| Has Basement | Yes |
| Basement | Daylight, Partial, Full, Heated, Partially Finished, Space For Rooms, Walkout Level, Windows, Unfinished, Front Entrance |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| # of Stories | 2 |
Exterior
| Exterior | Vinyl Siding, Brick and Siding |
|---|---|
| Roof | Shingle |
| Foundation | Block |
School Information
| District | HARRISONBURG CITY PUBLIC SCHOOLS |
|---|---|
| Elementary | STONE SPRING |
| Middle | SKYLINE |
| High | HARRISONBURG |
Additional Information
| Date Listed | February 21st, 2025 |
|---|---|
| Days on Market | 242 |
| Zoning | R3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Old Dominion Realty |
|---|