600 East Main St, Waynesboro, VA 22980

Local realty services provided by:ERA Bill May Realty Company
600 East Main St,Waynesboro, VA 22980
$845,000
  • - Beds
  • - Baths
  • 5,618 sq. ft.
  • Multi-family
  • Active
Listed by: sara wilfong
Office: kline may realty
MLS#:669348
Source:VA_HRAR

Price summary

  • Price:$845,000
  • Price per sq. ft.:$150.41

About this home

Exceptional investment opportunity—this 8-unit multifamily property delivers strong income performance with a 10% cap rate. Positioned on a high-visibility corner, the building features a well-balanced unit mix of 2 studios, 3 one-bedroom units, and 3 two-bedroom units, appealing to a wide range of tenants. The property offers updated interiors, a large paved parking area, and separately metered utilities for streamlined management and reduced owner expenses. Its prominent location ensures excellent traffic exposure, contributing to consistent demand and stable occupancy. Located just minutes from Downtown Waynesboro, the 250 Greenway, Basic City Brewery, Happ Coffee Roasters, and popular local amenities, this property attracts tenants seeking convenience and walkability. Quick access to Interstate 64 further enhances renter appeal. A rare chance to acquire a turnkey, income-producing multifamily property with proven performance and strong future potential.

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Home facts

  • Year built:1911
  • Listing ID #:669348
  • Added:145 day(s) ago
  • Updated:February 16, 2026 at 03:36 PM

Rooms and interior

  • Living area:5,618 sq. ft.

Heating and cooling

  • Cooling:Central AC
  • Heating:Natural Gas

Structure and exterior

  • Year built:1911
  • Building area:5,618 sq. ft.
  • Lot area:0.24 Acres

Schools

  • High school:Waynesboro
  • Middle school:Kate Collins
  • Elementary school:Wenonah

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$845,000
  • Price per sq. ft.:$150.41
  • Tax amount:$2,735 (2023)

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