540 Monticello St
$580,000
Description
540 Monticello St,
Winchester,
VA
22601
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.Ask agent for video linksAll of the units are in good shape and have been maintained very well.
Listing By: United Real Estate via Data Source: Bright MLS
2757494-VAWI2006348
MLS ID
Price History
date | price | variance | type |
---|
9/8/2024 | $580,000 | - | Listed |
listing agent: William Mulligan