540 MONTICELLO ST, Winchester, VA 22601 – VAWI2006348

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Joseph Lam

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

$580,000

Est. payment - /mo

4,396 SqFt

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UPDATED:

09/24/2024 05:17 AM

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

Abv Grd Liv Area 4,396

Originating Board BRIGHT

Year Built 1956

Annual Tax Amount $2,290

Tax Year 2022

Lot Size 3,999 Sqft

Acres 0.09

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

Interior Features 2nd Kitchen, Additional Stairway

Hot Water Electric

Heating Heat Pump(s)

Cooling Heat Pump(s)

Fireplace N

Heat Source Electric

Exterior

Garage Spaces 4.0

Water Access N

Accessibility None

Total Parking Spaces 4

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Winchester City Public Schools

Others

Tax ID 330-02- - 27-

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by William Mulligan • United Real Estate

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262