540 MONTICELLO ST Active Save Request In-Person Tour Request Virtual Tour
Winchester,VA 22601
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,396 sqft
Price per Sqft $131
MLS Listing ID VAWI2006348
Style Colonial
Year Built 1956
Annual Tax Amount $2,290
Tax Year 2022
Lot Size 3,999 Sqft
Property Description
This three unit property provides an amazing opportunity to invest in multi-family real estate. All of the units are currently rented and producing a total of $3,600 in gross monthly revenue. All of the tenants are long term and happy. The 3 units are labeled 1, 4, and 2/3. Unit 1 is a two bedroom, 1 bath and is 1,008 sqft. Unit 4 has two bedrooms, one bath and is 1,260 sqft. Apartments 1 and 4 rent for $1,000 each. Apartment labeled 2/3 is in the back of the building and has two levels. The lower level is 1,218 sqft and the upper level is 832 sqft. for a total of 2,050 sqft. This unit rents for $1,600. This makes a gross annual revenue of $43,200.
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All of the units are in good shape and have been maintained very well.
Location
State VA
County Winchester City
Zoning B2
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Exterior
Garage Spaces 4.0
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Winchester City Public Schools
Others
Special Listing Condition Standard