A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
1360 Bradley Dr, Harrisonburg, VA 22801 • $245,000
MLS# 674298 • For Sale
| Subdivision: | Camden Townes |
| Area: | Harrisonburg |
| Heating: | Central Heat, Heat Pump |
| Cooling: | Central AC |
| Circa: | 1989 (37 years old) |
| Lot Size: | 0.00 acres |
| Days on Market: | 16 (since Mar 12, 2026) |
| Listing By: | Real Broker LLC |
PRIME JMU INVESTMENT OPPORTUNITY! This turnkey 4-bedroom, 2-bathroom townhome is the ideal addition to any investor's portfolio, or the perfect college home for your student. Offering 1,352 sq. ft., this functional layout features two bedrooms, a full bath, living area, and balcony or patio on each floor, plus a full kitchen on the main level and a kitchenette upstairs. Fresh paint throughout the unit along with an updated HVAC system. The HOA covers roofs, exterior vinyl, landscaping, trash removal, and professional community management. Currently leased through 06/30/2026 at $2,100/month, this property offers immediate rental income from day one. Unbeatable location just minutes from JMU, Starbucks, downtown Harrisonburg, and the shops and dining at Stone Port. With consistent rental demand and a proven rental history, this is a great investment!
| Elementary School: Stone Spring | Middle School: Skyline | High School: Harrisonburg |
Sample Camden Townes Investment Analysis....
| Property Details | ||
| Purchase Price | $241,000 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,600 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $18,432 | |
| Expense (Annual) | ||
| Real Estate Taxes | $2,169 | estimate based on median sales price |
| Repairs | $1,600 | estimate based on typical property condition |
| Association Dues | $1,920 | estimated to be $160 per month |
| Property Management | $0 | assuming self management |
| Insurance | $868 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $6,657 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $18,432 | |
| - Operating Expenses | - $6,657 | |
| Net Operating Income | $11,775 | |
| - Annual Debt Service | - $16,380 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $-4,605 | |