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406 N Loudoun Street

WINCHESTER, VA 22601
  • $1,200,000
  • STATUS: Active Under Contract
  • ON SITE: 119 Days
  • ID#: VAWI2000054
Under Contract
$1,200,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

14 Unit Apartment Building, 2 Blocks from Walking Mall, 15 Private Parking Spaces; EXCELLENT RENTAL HISTORY! New Roofs in 2014 and 2010. Separately metered. Well maintained property. Several units recently renovated. Mix of one bedroom and two bedroom units. Pictures show between turning over apartments but building only has one vacancy at the time of this listing. Below market rents allow for Buyer upside! Potential condo situation or hold for long term continued growth and cash flow! Onsite coin laundry facility for residence, awesome location, good condition, historical charm, and off street parking make each rare vacancy relet ASAP. Gross annual rent is $100K. P&L available upon request. Priced at $1.2M.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Compass Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-18T23:50:41.033.
www.peterknapprealtygroup.com/homes/118540413
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406 N Loudoun Street WINCHESTER, VA 22601

  • Price: $1,200,000
  • Status: Active Under Contract
  • ID#: VAWI2000054
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1900
Built
County:
Winchester City
School District:
Winchester City Public Schools
Property Description
14 Unit Apartment Building, 2 Blocks from Walking Mall, 15 Private Parking Spaces; EXCELLENT RENTAL HISTORY! New Roofs in 2014 and 2010. Separately metered. Well maintained property. Several units recently renovated. Mix of one bedroom and two bedroom units. Pictures show between turning over apartments but building only has one vacancy at the time of this listing. Below market rents allow for Buyer upside! Potential condo situation or hold for long term continued growth and cash flow! Onsite coin laundry facility for residence, awesome location, good condition, historical charm, and off street parking make each rare vacancy relet ASAP. Gross annual rent is $100K. P&L available upon request. Priced at $1.2M.
Exterior Features

Construction Materials Frame Garage YN No Location Type Business District Lot Features Premium Parking Types Parking LotOn StreetPublic Garage Property Condition Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6351.00 Cooling Window Unit(S) Heating Baseboard - ElectricCentral Heating YN Yes Net Square Feet 6351.00

Property Features

Accessibility Features None Assessment Year 2021 Association YN No Business Type Apartment Building Central Air YN No Cooling Fuel None Heating Fuel Electric Hot Water Electric Internet Services Fixed Wireless Navigable Water YN N New Construction YN No Number Of Units Total 14 Original MLSNumber 800780657908 Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Section L Sewer Public Sewer Tax Annual Amount 4617.00 Tax Assessment Amount 496500.00 Utilities Under Ground Vacation Rental YN No Water Source Public Zoning Hr

Listing courtesy of Greenfield & Craun Commercial.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Compass Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-18T23:50:41.033.
 
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Compass Real Estate
Ashburn VA, 20147