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® # | 661105 |
|---|---|
| Price | $522,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,484 |
| Acres | 0.53 |
| Year Built | 1970 |
| Type | Residential |
| Sub-Type | Other |
| Style | Split Level |
| Status | Active |
Community Information
| Address | 728 Foley Rd |
|---|---|
| Subdivision | RIDGEVILLE HEIGHTS |
| City | Harrisonburg |
| County | Harrisonburg |
| State | VA |
| Zip Code | 22801 |
Amenities
| Utilities | Cable Available, Satellite Internet Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Parquet, Vinyl, Wood |
|---|---|
| Appliances | Electric Range, Refrigerator, Dryer, Washer |
| Heating | Heat Pump |
| Cooling | Central Air, Heat Pump |
| Fireplace | No |
| Stories | Multi/Split |
| Has Basement | Yes |
| Basement | Exterior Entry, Full, Heated, Interior Entry, Partially Finished, Storage Space |
Exterior
| Lot Description | Open Lot |
|---|---|
| Roof | Composition, Shingle |
| Construction | Vinyl Siding |
| Foundation | Block |
School Information
| Elementary | Stone Spring |
|---|---|
| Middle | Skyline |
| High | Harrisonburg |
Additional Information
| Date Listed | February 21st, 2025 |
|---|---|
| Days on Market | 1 |
| Zoning | R-3 Multifamily Residential |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Old Dominion Realty Inc |
|---|