386 ROUND HILL, Winchester, VA 22602 – VAFV2020340 - Joseph Lam

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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

$499,000

Est. payment - /mo

2,736 SqFt

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UPDATED:

11/06/2024 07:50 PM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,736 sqft

Price per Sqft $182

MLS Listing ID VAFV2020340

Style Colonial,Dwelling with Rental

Abv Grd Liv Area 2,736

Originating Board BRIGHT

Year Built 1950

Annual Tax Amount $1,437

Tax Year 2044

Lot Size 1.900 Acres

Acres 1.9

Property Description

Excellent investor opportunity to own 2 adjacent income producing detached homes sold in a special package deal with a total of 4 rental spaces in both homes. Or, you could live in 402 Round Hill and just rent the 3 units at 386 Round Hill. Tenants pay utilities. Total combined monthly rent is $3570 with a seller calculated CAP rate of 6.7%. 386 Round Hill on the right with 3 units is about 2736 square feet containing 2 units on the main level and one unit on 2nd floor. New carpet being scheduled in upper unit. Each house has it's own separate well and septic. All units include range and refrigerators and laundry hook ups. Each unit has separate outside entrance and individual electric meters. Need 24 hour notice to arrange showings with the 4 tenants. Comcast available for TV and Internet. Ideal location just west of the city limits off Rt 50, minutes from Winchester Medical Center, Wal-Mart, numerous restaurants and businesses.

Location

State VA

County Frederick

Zoning RA

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Equipment Built-In Range, Refrigerator

Fireplace N

Appliance Built-In Range, Refrigerator

Heat Source Electric

Exterior

Utilities Available Above Ground, Cable TV

Water Access N

Accessibility None

Garage N

Building

Lot Description Additional Lot(s), Backs to Trees, Front Yard, Irregular, Open, Partly Wooded, Rear Yard, Road Frontage

Foundation Crawl Space

Sewer On Site Septic, Septic < # of BR

Water Well

Architectural Style Colonial, Dwelling with Rental

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Frederick County Public Schools

Others

Tax ID 52 A 244

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Listed by Roger Lamborne • MarketPlace REALTY

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262