386 ROUND HILL Under Contract Save Request In-Person Tour Request Virtual Tour
Winchester,VA 22602
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,736 sqft
Price per Sqft $182
Subdivision Winchester
MLS Listing ID VAFV2020286
Style Bungalow,Other,Colonial
Bedrooms 3
Full Baths 1
Year Built 1950
Annual Tax Amount $1,437
Tax Year 2022
Lot Size 1.900 Acres
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. Properties sold together on one contract. 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. 402 Round Hill is a 2 bedroom, one bath detached bungalow with about 1008 sq feet, single tenant. 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
Inclusions Ranges and refrigerators in the 4 units, Window AC units belong to tenants
Equipment Oven/Range - Electric,Refrigerator
Laundry Hookup
Exterior
Utilities Available Above Ground,Cable TV
Waterfront N
Water Access N
Building
Story 2
Foundation Crawl Space
Sewer On Site Septic,Septic < # of BR
Water Well
New Construction N
Schools
School District Frederick County Public Schools
Others
Special Listing Condition Standard