921 Beverley St Staunton, VA 24401
This charming 1865 duplex, located at 921 Beverley Street, #2 in Staunton, Virginia, presents a unique investment opportunity. The property boasts 3,561 square feet situated on a 0.12-acre lot. Currently configured as a two-unit apartment building, it generates an average monthly income of $5,800, even with only 37% occupancy as a short-term rental. The potential for increased revenue is significant, with projections suggesting substantial growth with higher occupancy rates. Its prime location offers convenient access to downtown Staunton, a highly desirable area known for its strong rental demand. The building's historical character adds to its appeal, making it a favorite among returning short-term renters. This property represents a rare chance to acquire a piece of Staunton's history while capitalizing on a strong rental market and significant upside potential. The asking price is $899,000. The zip code is 24401.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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