386 Round Hill Road

Winchester, VA 22602

$499,000
Price
2
Beds
1
Bath
2,736 Sq. Ft.
$182 / Sq. Ft.
2,736
Sq. Ft.
$182
per Sq. Ft.

Description

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...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.
  1. Listed by Roger Lamborne • MarketPlace REALTY
    P: (540)-323-2500 roger@lamborne.com

Property Details for 386 Round Hill Road

Tax ID Number
52 A 244
Ownership
Fee Simple
Structure Type
Detached
Style
Colonial, Dwelling with Rental
Waterfront
No
Garage
No
Central Air
No
Above Grade Finished SQFT
2,736.00
LISTING UPDATED: 11/06/2024 03:50 PM

Property Details for 386 Round Hill Road

StatusActive
MLS #VAFV2020340
Days on Market86
Taxes$1,437 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1950
Lot Size1.90 AC / 82,764 SF
CountyFrederick County, VA

Building Information for 386 Round Hill Road

Stories-Residences2Year Built1950Building Size-Lot Size1.90 AC / 82,764 SF

Property Information for 386 Round Hill Road

Location
Location
  • In City Limits: No
  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District County ID: 121140907577
  • SchoolDistrictSource: Listing Agent
  • County: FREDERICK
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2044
  • Tax Assessed Value: $235,500
  • Year Assessed: 2022
  • County Tax: $1,437
  • Clean Green Assessed: No
  • Historic: No
  • Zoning: RA
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 1
  • Other Units: Unit 4
  • Units Leased Count: 4
  • Number Of Units Month To Month: 2
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 4
  • Unit Type Finished SQFT: 1008
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: Unit 4 is 402 Round Hill-separate bungalow home on the left
Financial Information
Financial Information
  • Annual Rental Income: $42,600
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,736.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Features: Additional Lot(s), Backs to Trees, Front Yard, Irregular, Open, Partly Wooded, Rear Yard, Road Frontage
  • Parcel ID: 18783963
Parking
Parking
  • Type Of Parking: Driveway
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Built-In Range, Refrigerator
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Above Ground, Cable TV
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Well
  • Sewer Septic: On Site Septic, Septic < # of BR
  • Internet Services: Cable
Confidential Data
Listing Office
  • List Agent AOR: Blue Ridge Association of REALTORS
  • List Agent URL: www.lamborne.com

Property History for 386 Round Hill Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 386 Round Hill Road

Taxable ValueLand$68,100Additions$213,200Total$281,300
Tax Record2024$717 ($60 / month)
Home Facts
Beds4Baths3Total Finished SqFt2,736 SqFtAbove Grade Finished SqFt2,736 SqFtStories1Lot Size65,776 SqFtStyleSingle Family ResidenceYear Built1950ZoningAGRICULTURALCountyFREDERICKAPN52A-244

Schools near 386 Round Hill Road

This home is within Frederick County Public Schools.
Rating
School
Type
Grades
Distance
Orchard View Elementary School
Public - PK to 5
Frederick County Middle School
Public - 6 to 8
James Wood High School
Public - 9 to 12
Evendale Elementary School
Public - PK to 5
Rating
School
Distance
Orchard View Elementary School
PublicPK to 5

Frederick County Middle School
Public6 to 8

James Wood High School
Public9 to 12

Evendale Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 386 Round Hill Road, Winchester, VA 22602

386 Round Hill Road is a multi-family home for sale in Winchester, VA 22602. This property was listed for sale on July 13, 2024 by MarketPlace REALTY, it's currently listed at $499,000. It has been on the market for a total of 86 days and was last sold on August 26, 2004. This listing's school district is Frederick County Public Schools. Nearby schools include Orchard View Elementary School, Frederick County Middle School and James Wood High School. 386 Round Hill Road is a 2-bed, 1-bath, 2,736 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MarketPlace REALTY

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 11/06/2024 03:50 PM