Property Attributes
- MLS#VAWI2004490
- TypePending
- CountyWINCHESTER CITY
- CityWinchester
- Zip22601
- StyleApartment Building
- Year Built1956
- Taxes$ 5395
- Price$ 1,225,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6578
- Lot Size0.49 Acres
Data Source:
Bright MLS
Property Description
Incredible investment opportunity to own a well-established, fully occupied, income producing multifamily property in the rapidly growing city of Winchester, Virginia! This all brick, 2 story property contains 8 units total: (3) Three Bedroom/One Bath, (3) Two Bedroom/One Bath, (2) One Bedroom/One Bath units. Each unit is individually metered with tenants paying their own water + sewer and electricity. New concrete front walkways and new concrete back steps allows for easy access from each individual unit and theres abundant on street parking for tenants. Located just behind Quarles Elementary School, a short distance to Handley High School, and about a 5 minute drive to Downtown Winchesters Walking Mall this exciting investment opportunity has so much to offer & so much possibility for growth if one wanted. This property makes for a rare opportunity in a fast growing market only 50 minutes west of Dulles Airport and 75 miles from Washington, D.C.
Price History | |
---|---|
10/5/2023 | Listed $1,280,000 |
10/31/2023 | 5% - $1,225,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Forced Air |
Cooling | Window Unit(s) |
Possession | Settlement |
Roof | Architectural Shingle |
Zoning | HR |
Construction Materials | Brick |
Year Built | 1956 |
Property SubType | Five Or More Units |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Business Type | Apartment Building |
Accessibility | None |
County | WINCHESTER CITY |
New Construction | No |
Property Type | Commercial Sale |
Water Access Y/N | No |
Status | PENDING |
Directions | Heading west on Berryville Ave,continue onto National Ave,at the traffic circle continue straight onto E Piccadilly St,turn left onto N Kent St,turn left onto E Whitlock Ave. 201-213 E Whitlock Ave |
ModificationTimestamp | 2024-04-30T09:44:47 |
City | WINCHESTER |
Buyer Agent Compensation | 2 |
Disclosures | Agent Related to Owner |
Total Units | 8 |
Lot Size Square Feet | 21279.00 |
Tax Assessed Value | 580100.0 |
Waterfront Y/N | No |
Street Name | WHITLOCK |
Tax Annual Amount | 5395.0 |
Price Per Sq Ft | 186.23 |
Vacation Rental Y/N | No |
Days on Market | 159 |
Standard Status | Pending |
Year Built Source | Assessor |
Tax Lot | 1 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Flooring | Hardwood |
Hot Water | Natural Gas |
Heating Y/N | Yes |
Street Suffix | AVENUE |
Central Air Y/N | No |
Exterior Features
Water Source | Public |
---|---|
Type of Parking | On Street |
Land Use Code | 3 |
Water View Y/N | No |
Building Area Total | 6578.00 |
Lot Size Acres | 0.49 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Land Assessed Value | 90000.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool