$189,000
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1006 & 1008 Franklin Street Unit 1008 Winchester, VA 22601
Twin Home
Residence
3
Beds
2
Baths
2,284
Sq. Ft.
0.21
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
$189k offered per unit both unit together offered at $398 k since they are under one parcel and one tax bill and one water meter and gas. ATTRACTIVE DEAL TO INVESTOR OR New INVESTOR or First TIME BUYER, PLEASE schedule VISIT online, or call agent, Two identical units âDuplexâ WHERE EACH UN...IT IS END UNIT Townhouses, currently One UNIT IS Vacant AND available to view, EACH unit is about 1146 sq ft SIZE with 2 LEVELS, 3 bedrooms and 2 bathrooms and average Rent EARNS $1450-$1500 PER MONTH/UNIT for the current year, EARNING ALMOST 9-10% cap rate or MORE cash on cash Return, HERE first time buyer can use one Unit and enjoy rental income for 2nd unit $18k/yr OR RENT BOTH UUNITS AND EARN Annual Rental income $35 k/year, IT'S SINGLE PARCEL and Very close to BEAUTIFUL Winchester CITY DOWNTOWN, Rt-7 and I-81 exit 315, LESS THAN 1 MILE TO VRE+ commuter lot and on connecting Interstate Highways of many state VA-MD-WV-DC-TN-NJ and 1 HOUR DRIVE TO CAPITOL OF NATION, LURAY AND SHENADOH VALLEY STATE PARK Shenandoah UNIVERSITY, Hot Downtown Location and shopping centers, MALL and restaurants. 45 minutes drive to Leesburg AND via freeway Rt-7 to greenway. 267 TOLL ROAD takes to TYSON CORNER AND DC METRO AREA PLUS MANY WINERIES AND HISTORICAL PALCES ,close to Martinsburg casino and Shenandoah Medical College and many industrial factories and car warehouses., NATIONS HEAD OFFICE OF FEMA, AMAZONS WAREHOUSES AND TRACK COMPOSITE FACTORY , ALSO CURRENT MANAGEMENT COMPANY IS available to manage FOR investor, showing available for vacant unit and itâs identical UNITS SIDE BY SIDE (Duplex) and RENOVATED RECENTLY , Beautiful 2 level Townhome WITH 3 BEDROOM UPSTAIR WITH FULL SIZE BATHROOM AND living -Dining kitchen on main Floor with 1/2 bath, Recently Installed NEW waterproof Lamination Floor. Freshly Painted., Baseboard heat, and four to five economical Window AC. and huge backyard with BBQ Little Deck area and Spacious front yard with 2 car Parking Concrete pads for each unit. Itâs Duplex where Each Corner Unit offered at 199,000, price , total $398k for these two units Tenants pays water, sewage, trash, renter's insurance, gas, electric, internet and grass cut while landlord pays pest control, ($360/annum), property tax ($1123 per unit =$2246 and property Insurance $650 and Average repairs and maintenance $1745/annum for both units Landlords income $36,000 and expenses are about $5000 Net income after all expenses are $31,000 per year
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MLS#
VAWI2006106
Property Type
Twin Home
Bedrooms
3
Bathrooms
1 Full/1 Half
Year Built
1975
Square Feet
2,284
sq. ft
Price per Sq. Ft.
$82.75
Lot Size
0.21
Sewer
Public Septic System
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