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Home For Sale

Picture of Home For Sale in Winchester, Virginia, United States

$515,000

386 Round Hill Rd
Winchester, Virginia, United States

3bd 1ba

Listed By: Realtyww Info

Listed On: 06/16/2023

Listing ID: GL10059887 View More Details

Description

Excellent investor opportunity to own 2 adjacent fully rented income producing detached homes sold as one property total of 4 rental spaces in both homes or live in 402 and just rent 386. Tenants pay utilities. Seller calculated CAP rate of 6.25% based on listed price. 386 Round Hill, on the right with 3 tenants is about 2736 feet, 2 units on main level, one on 2nd floor, Apart 1 is 2 bedroom rented till 4/1/24, Apart 2 is 3 bedroom, tenancy ends 4/30/24, Unit 3 upstairs is 1 bedroom, Mo/Mo tenacy. 402 Round Hill is a 2 bedroom, one bath detached bungalow with about 1008 sq feet, single tenant, Mo to Mo tenacy and he wants to stay. Each house has own well and septic. All incude range and refrigerators and laundry hook ups. 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 minutes from Winchester Medical Ctr, Wal-Mart and numerous restaurants.

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Listed by: Marketplace Realty
Source: The World Property Journal

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