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
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