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Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,032 sqft
Price per Sqft $140
MLS Listing ID VAWI2006844
Sold Date 01/15/25
Style Traditional
Abv Grd Liv Area 3,032
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $1,857
Tax Year 2022
Lot Size 0.264 Acres
Acres 0.26
Property Description
Two-story, four-unit Multi-Family complex in the downtown Winchester area. Prime location with easy access; close to main arteries. Well-maintained and up-to-date. Stable income as each unit is leased annually but at an approximate market rate with a low-to-no vacancy rate ensuring steady cash flow. Financials are available for serious buyers. 8% CAP rate. Turn-key investment available for immediate purchase. No lock box. Listing agent must accompany.
Location
State VA
County Winchester City
Zoning HR1
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Winchester City Public Schools
Others
Tax ID 174-01-R- 9-
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with William J Nordman • Commercial Specialists
"Jon's passion for real estate and his love for Virginia are a perfect match. He has made it his mission to help local residents sell their homes quickly and at the best possible prices. Equally, he takes immense pride in assisting homebuyers in finding their perfect piece of paradise in Virginia."
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