VA > Waynesboro
Waynesboro, VA 22980,143 ELKIN AVE N
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Waynesboro, VA 22980,143 ELKIN AVE N
Waynesboro, VA 22980,143 ELKIN AVE N
Waynesboro, VA 22980,143 ELKIN AVE N
Waynesboro, VA 22980,143 ELKIN AVE N
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Myra R Beams

Myra R Beams

+1(540) 448-3874
$ 675,000
Est. payment /mo
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143 ELKIN AVE N Waynesboro, VA 22980

2,592 SqFt

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 2,592 sqft

Price per Sqft $260

MLS Listing ID 672218

HOA Y/N No

Year Built 1947

Annual Tax Amount $3,759

Tax Year 2025

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Apartment

Property Description

Turnkey, fully renovated 4-unit apartment building offering immediate, stabilized income. The property underwent an extensive, top-to-bottom renovation in 2023. All new systems and finishes, including plumbing, electrical, roof, gutters and downspouts, windows, kitchens, baths, lighting, paint, and refinished original wood floors and more. The building is fully rented with annual leases, generating $5,250/month in gross income ($63,000 annually). Tenants pay all utilities, keeping operating expenses streamlined. Each unit includes baseboard heat, window A/C, and in-unit washer/dryer. Additional features include off-street parking for all tenants and a location directly across from the Virginia Metalcrafters Marketplace, a growing mixed-use destination home to Happ Coffee, Commonwealth Crush, Basic City Brewing, and the Foundry. This proximity to popular food, beverage, and gathering spots adds everyday convenience for tenants and supports long-term rental demand. Easy 25 min commute to Charlottesville. This is a true buy-and-hold opportunity for investors seeking low-maintenance ownership, predictable cash flow, and no need for immediate major repairs or system replacements.

Location

State VA

County Waynesboro

Zoning RG-5 General Residential

Direction 250/Main St to N Elkin, property will be on Left

Rooms

Basement Crawl Space

Interior

Heating Baseboard, Electric

Cooling Window Unit(s)

Flooring Hardwood

Fireplace No

Appliance Dishwasher, Electric Range, Microwave, Refrigerator

Laundry Stacked

Exterior

Utilities Available Cable Available

Water Access Desc Public

Porch Rear Porch, Deck

Road Frontage Public Road

Building

Dwelling Type High Rise

Foundation Block

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Wenonah

Middle Schools Kate Collins

High Schools Waynesboro

Others

Senior Community No

Tax ID 3862

CAAR - GAAR - HRAR
Listed by EXP REALTY LLC
Myra R Beams

Myra R Beams

Broker Associate

+1(540) 448-3874

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143 ELKIN AVE N