Incredible investment opportunity to own a well-established, fully occupied, income producing multifamily property in the rapidly growing city of Winchester, Virginia! This all brick, 2 story property contains 8 units total: (3) Three Bedroom/One Bath, (3) Two Bedroom/One Bath, (2) One Bedroom/One Bath units. Each unit is individually metered with tenants paying their own water + sewer and electricity. New concrete front walkways and new concrete back steps allows for easy access from each individual unit and there's abundant on street parking for tenants. Located just behind Quarles Elementary School, a short distance to Handley High School, and about a 5 minute drive to Downtown Winchester's Walking Mall this exciting investment opportunity has so much to offer & so much possibility for growth if one wanted. This property makes for a rare opportunity in a fast growing market only 50 minutes west of Dulles Airport and 75 miles from Washington, D.C.

More Info

Location Information

UsmAreaWinchester

Parking

Parking TypesOn Street

Basic Information

Date Listed10/04/2023

Location

Address201 E Whitlock Avenue
Building Number201
CountyWinchester City
DirectionsHeading west on Berryville Ave, continue onto National Ave, at the traffic circle continue straight onto E Piccadilly St, turn left onto N Kent St, turn left onto E Whitlock Ave. 201-213 E Whitlock Ave is the building the right.
In City Limits YNYes
StateVA
TownWinchester
Zip22601

Utilities

CoolingWindow Unit(s)
Cooling FuelElectric
Heat SystemForced Air
Heating FuelNatural Gas
Heating YNYes
SewerPublic Sewer
Water HeaterNatural Gas
Water SourcePublic

Basic Information

Broker NameERA Oakcrest Realty, Inc.
List Price$1,225,000
MLS NumberVAWI2004490
MLS Property TypeCommercial Sale
Price Per Square Foot186
StatusACT
Units8

Building

Building Area SourceAssessor
Building Area Total6578
Construction MaterialsBrick
Year Built1956

Interior

FlooringHardwood

Exterior

RoofArchitectural Shingle

Legal

Landusecode3
PossessionSettlement
Sale TypeStandard

Tax Information

Assessment Year2022
City Town Tax$5,395
City Town Tax Payment FrequencyAnnually
County Tax Payment FrequencyAnnually
Tax Assessment Amount$580,100
Tax Lot1
Tax Year2022
Taxes$5,395
Total Taxes Payment FrequencyAnnually

Property

Acreage0.49
Business TypeApartment Building
Lot Size SourceAssessor
Lot Size Square Feet21,279
New Construction YNN
Property SubTypeFive Or More Units
ZoningHR

Other

View Count1

Copyright 2023 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated December 1, 2023. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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201 E Whitlock AvenueWinchester, VA 22601MLS Number VAWI2004490

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