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Tanner Hutchins

tanner@persingergroup.org +1(828) 577-5120

$ 1,289,000

Est. payment -/mo

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Active

625 ALLEGHANY AVE Staunton, VA 24401

6,228 SqFt

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 6,228 sqft

Price per Sqft $206

Subdivision Lakeview Addition

MLS Listing ID 671586

HOA Y/N No

Year Built 1940

Annual Tax Amount $8,190

Tax Year 2025

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Apartment

Property Description

Incredible investment opportunity in the heart of Staunton. This well-maintained 7-unit multifamily property blends timeless architectural character with thoughtful modern upgrades—an ideal combination for investors seeking durability, appeal, and long-term value. Located steps from downtown Staunton, Mary Baldwin University, parks, restaurants, and major commuter routes, this income-producing asset stands out as a rare find in today's market. Inside, the building showcases beautifully preserved historic details, including original oak flooring, classic millwork, and period craftsmanship that gives each unit distinctive warmth and charm. Over the years, selective renovations have introduced modern conveniences—updated kitchens and baths, refreshed fixtures, efficient heating and cooling systems, and easy-to-maintain surfaces—creating an appealing blend of old and new.

Location

State VA

County Staunton

Zoning R-3 Medium Density Residential

Direction Thornrose Ave to Alleghany Ave on Left, property on the left.

Interior

Heating Heat Pump

Cooling Central Air, Heat Pump

Fireplace No

Exterior

Utilities Available Cable Available, Fiber Optic Available, High Speed Internet Available

Water Access Desc Public

Road Frontage Public Road

Building

Dwelling Type High Rise

Foundation Block

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Arthur R. Ware

Middle Schools Shelburne

High Schools Staunton

Others

Tax ID 6486

Listed by HANGER & ASSOCIATES

GET MORE INFORMATION

Cody Persinger

+1(540) 292-9224

cody@persingergroup.org