MLS# 683766 – 501 4th St, Waynesboro, VA 22980

$250,000 - Br/0Ba - for Sale in Bcmm & Lc, Waynesboro
Price: $250,000
Baths: 0
Living Area SqFt: 2,700
Status: Active
Property Type: Apartment
Lot Size Acres: 0.28
Lot Size SqFt: 12,197
Year Built: 1920
Neighborhood: Bcmm & Lc
Days on Website: 0

Courtesy of REAL BROKER LLC

Property Description

Four-unit investment opportunity in Waynesboro, priced below tax assessment with plenty of room to add value. The adjacent buildable lot is included in the sale (see MLS #683765). This two-story building on a corner lot offers two 2-bedroom and two 1-bedroom units, each with separate electric and gas meters. The property backs up to an alley. It needs renovation and is being sold as-is, making it a good fit for an investor or anyone ready to take on a project. Current rental income is $20,700 a year, well below what renovated units in the area bring in, so there’s real upside with updates. All tenants are month-to-month, giving a new owner flexibility to renovate and reposition. Close to downtown Waynesboro with easy access to I-64.

Open House

Property Details and Features

  • Property Access
  • Frontage Type: PublicRoad
  • Appliances & Equipment
  • ConvectionOven
  • Refrigerator
  • Basement
  • Unfinished
  • Building
  • Built in 1920
  • Living area: 2700.0
  • Construction Materials: Masonite
  • Cooling
  • WindowUnits
  • Disclosures
  • Disclaimer: The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of Bright MLS via the CAAR/Bright MLS data share.
  • SellerDisclosure
  • Exterior Features
  • Patio/Porch Features: FrontPorch, Porch, SidePorch
  • Foundation
  • Block
  • Heating
  • ForcedAir
  • NaturalGas
  • Laundry
  • None
  • Listing
  • Listing ID: 683766
  • Standard Status: Active
  • MLS Status: Active
  • Property Subtype: Apartment
  • On market as of 2026-11-05
  • 1 day on market
  • Location
  • Subdivision: BCMM & LC
  • County/Parish: Waynesboro
  • Lot
  • 0.28 acres
  • Owner Pays
  • Sewer
  • Water
  • Roof
  • Metal
  • Schools
  • Elementary School: Wenonah
  • Middle School: Kate Collins
  • High School: Waynesboro
  • Sewer
  • PublicSewer
  • Taxes
  • Parcel Number: 1960
  • Annual Amount: $2,081.04
  • Legal Description: BLOCK 8 LOTS 45, 46, 47, & 48 BCMM&L
  • Year: 2026
  • Zoning description: RG-5 General Residential
  • Tenant Pays
  • Electricity
  • Gas
  • Utilities
  • CableAvailable
  • Water Source: Public

Property Map

$250,000 – 501 4th St, Waynesboro, VA 22980

Street View

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