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Don't miss this fantastic multi-unit investment opportunity located a block from Gypsy Hill Park and minutes from downtown and everything else Staunton has to offer! This property offers four 1-bedroom, 1-bath units, each with comfortable living spaces and steady rental income. Whether you're expanding your portfolio or just getting started, this property combines convenience, income potential, and a desirable location. Upgrades performed since current owner purchased: renovation of all 4 units, #3 was just redone again this past year, all windows have been replaced with energy efficient windows, a new Weil-McLain gas-fired boiler was installed in 2019, all exterior porches were rebuilt in 2019-20, and a new water heater (a 2nd water heater) was installed in 2022. SEPARATE METERS. TENANTS PERSONAL PROPERTY HAS BEEN REMOVED FROM PHOTOS. ALL UNITS CURRENTLY RENTED

Property Details of 650 Alleghany Avenue

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Listed by JENNIFER MCGUIRE of RE/MAX ADVANTAGE-WAYNESBORO

 "Based on information submitted to CAAR - GAAR - HRAR as of May 14, 2026 2:46 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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