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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

2bd 1ba

Listed By: Realtyww Info

Listed On: 06/14/2023

Listing ID: GL10083709 View More Details

Description

Excellent investor opportunity to own 2 adjacemnt fully rented income producing detached homes sold as one property with a total of 4 rental spaces the 2 homes. Seller calculated CAP rate of 6.25% based on listed price. Tenants pay utilities. 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. Ideal location just west of the city limits minutes from Winchester Medical Ctr, Wal-Mart and numerous restaurants. Comcast available for TV and Ingternet.

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Listed by: Marketplace Realty
Source: The World Property Journal

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