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    1206 MASSANUTTEN Avenue, Front Royal, VA 22630

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    New
    For Sale
    $990,000

    MULTI_FAMILY - Colonial - FRONT ROYAL, VA

    Property size:
    4,896 SF
    Lot size:
    0.45 Acres
    Price / SF:
    $202/SF
    Added:
    Jun 19, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 20 at 4:06 am

    Property Features for 1206 MASSANUTTEN Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Driveway, Parking Lot
    Standard status
    Active
    Size
    4,896 SF
    Lot size
    0.45 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6311

    Utilities

    Heating system
    Baseboard, Electric (Heating)

    Building Details

    Year built
    1960
    Number of units
    4
    Building materials
    Aluminum Siding
    Architectural style
    Colonial

    We can help!

    Listing Contact
    Sharon L Daniels

    Listing agent Sharon L Daniels License #0225048938

    Listing office Coldwell Banker Premier 415 South Street unit: C, Winchester, VA

    Listing date Jun 19, 2026

    MLS# VAWR2014708 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Six 2‑bedroom, 1‑bathroom townhouse units included in the sale: 1206, 1208, 1210, 1212, 1214, and 1216
    • Front‑door parking plus parking lot parking included for the townhomes
    • All five associated parcels in Royal Village included (Lots 31–35)
    • Approx. current rents are about $1,100 per unit
    • Built in 1960; Colonial architectural style; aluminum siding
    • Electric baseboard heating; property sold As‑Is

    Overview

    This for-sale multi-family property is comprised of six townhouse units, each configured as two-bedroom, one-bath homes. The package includes units at 1206, 1208, 1210, 1212, 1214, and 1216 Massanutten Avenue, along with the five associated parcels in Royal Village (Lots 31–35). The townhomes have front-door parking, supporting straightforward tenant move-in and everyday access. The property is sold as-is, and the age of the structure is approximate.

    Located in the heart of Front Royal, the property is described as convenient to Downtown Front Royal and Main Street, with access to I-66, Route 340, and the entrance to Skyline Drive. This setting places the residences within reach of local amenities, commuter routes, and nearby outdoor recreation.

    For investors or owner-operators seeking a small, manageable multi-unit portfolio, this asset provides six separate rental units within one consolidated offering. The straightforward townhouse layout and dedicated front-door parking can appeal to tenants who prefer easy daily access. Current rents are described as approximately $1,100 per unit, and the seller notes the property’s long-term value proposition through convenient access to local destinations and commuting corridors. Prospective buyers should plan to conduct their own due diligence, as the property is being sold as-is.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $143.9k $29.40
    − Vacancy −$7.5k −$1.53
    EGI $136.5k $27.87
    − OpEx −$61.4k −$12.54
    NOI $75.1k $15.33
    4,896 SF · lease $29.40/SF/yr · vacancy 5.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.07M
    $938.2K – $1.25M (±1% cap)
    NOI $75,052 @ 7.0% cap · market cap 7.58%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $2.72M
    $2.38M – $3.17M (±1% cap)
    NOI $190,356 @ 7.0% cap · market cap 19.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Front Royal
    County
    Warren
    State
    Virginia
    Longitude
    -78.2043775
    Latitude
    38.9332232

    FAQs

    What type of property is this?
    Apartment building - Six two-bedroom, one-bath townhomes with front-door parking in Royal Village, available for sale as-is.
    Where is this apartment building located?
    The property is located at 1206 MASSANUTTEN Avenue Front Royal, VA.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: Six 2‑bedroom, 1‑bathroom townhouse units included in the sale: 1206, 1208, 1210, 1212, 1214, and 1216; Front‑door parking plus parking lot parking included for the townhomes; All five associated parcels in Royal Village included (Lots 31–35)
    More about this property
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