Winchester VA Multi Family for Sale
$499,000
386 Round Hill Winchester, VA 22602
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.9 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- VAFV2020340
ADDITIONAL INFORMATION
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. 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. 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.
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Winchester Real Estate
The median home value in Winchester, VA is $332,900. This is lower than the county median home value of $353,500. The national median home value is $338,100. The average price of homes sold in Winchester, VA is $332,900. Approximately 40.66% of Winchester homes are owned, compared to 49.15% rented, while 10.19% are vacant. Winchester real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Winchester real estate agent to arrange a tour today!
Winchester, Virginia 22602 has a population of 28,194. Winchester 22602 is less family-centric than the surrounding county with 28.16% of the households containing married families with children. The county average for households married with children is 30.01%.
The median household income in Winchester, Virginia 22602 is $61,321. The median household income for the surrounding county is $84,317 compared to the national median of $69,021. The median age of people living in Winchester 22602 is 36.6 years.
Winchester Weather
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 38.3 inches per year, with 21.9 inches of snow per year.