540 Monticello Street

Winchester, VA 22601

$579,950
Price
8
Beds
4
Baths
4,396 Sq. Ft.
$132 / Sq. Ft.
4,396
Sq. Ft.
$132
per Sq. Ft.

Virtual Tour

Virtual Tour

a view of a house with a yard
a view of a entryway of the house
a view of a workspace with furniture and wooden floor
a kitchen with stainless steel appliances granite countertop a sink stove and refrigerator
a kitchen with a sink a cabinets and appliances
a view of a hallway with interior of the house
a bedroom with a bed and a dresser
a living room with furniture and a closet
a bedroom with a bed and furniture
a view of a workspace with furniture
a bathroom with a sink and mirror
a bathroom with a shower
a bathroom with a sink and vanity
a kitchen with a sink and cabinets
a kitchen with a stove microwave and refrigerator
a close view of shoes stand and cabinets
a view of a car in front of a house
a bathroom with a shower
a view of entryway
a kitchen with stainless steel appliances a stove microwave and refrigerator
a kitchen with a sink cabinets and window
a living room with furniture and a window
a living room with furniture and a flat screen tv
a living room with furniture and a window
a living room with furniture and a window
a view of bathroom with a washer and dryer
a bedroom with a bed and a desk
a view of a livingroom with a furniture
a bedroom with a bed and a window
a bathroom with a toilet and a tub
a bathroom with a sink and a mirror
a bathroom with a shower
a view of furniture and a wall painting
a living room with furniture and a rug
a living room with furniture and a flat screen tv
a bedroom with bed and a window
a view of room with wooden floor
a bathroom with a sink a toilet and shower
a view of a workspace with furniture and a window
a dining room with furniture and window
a kitchen with a sink a stove cabinets and a wooden floor
a living room with furniture and a window
a living room with furniture and a window
a kitchen with a refrigerator and white cabinets
a bedroom with a bed and wooden floor
a workspace with furniture and rug
a bedroom with a bed and a window
a living room with furniture
a bed sitting in a bedroom next to a window
a bedroom with bed couch and window

Description

This three unit property provides an amazing opportunity to invest in multi-family real estate. All of the units are currently rented and producing a total of $3,600 in gross monthly revenue. All of the tenants are long term and happy. The 3 units are labeled 1, 4, and 2/3. Unit 1 is a two bedroom, 1 bath and is 1,008 sqft. Unit 4 has two bedrooms, one bath and is 1,260 sqft. Apartments 1 and 4 rent for $1,000 each. Apartment labeled 2/3 is in the back of the building and has two levels. The lower...This three unit property provides an amazing opportunity to invest in multi-family real estate. All of the units are currently rented and producing a total of $3,600 in gross monthly revenue. All of the tenants are long term and happy. The 3 units are labeled 1, 4, and 2/3. Unit 1 is a two bedroom, 1 bath and is 1,008 sqft. Unit 4 has two bedrooms, one bath and is 1,260 sqft. Apartments 1 and 4 rent for $1,000 each. Apartment labeled 2/3 is in the back of the building and has two levels. The lower level is 1,218 sqft and the upper level is 832 sqft. for a total of 2,050 sqft. This unit rents for $1,600. This makes a gross annual revenue of $43,200. Ask agent for video links

All of the units are in good shape and have been maintained very well.
  1. Listed by William Mulligan • United Real Estate
    P: (240)-426-2328 bill@billmulligan.com

Property Details for 540 Monticello Street

Tax ID Number
330-02- - 27-
Ownership
Fee Simple
Structure Type
Other
Style
Colonial
Waterfront
No
Garage
No
Total Parking Spaces
4
Central Air
No
LISTING UPDATED: 12/06/2024 10:43 AM

Property Details for 540 Monticello Street

StatusActive
MLS #VAWI2006348
Days on Market106
Taxes$2,290 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1956
Lot Size0.09 AC / 3,999 SF
CountyWinchester Independent City

Virtual Tour

Building Information for 540 Monticello Street

Stories-Residences3Year Built1956Building Size-Lot Size0.09 AC / 3,999 SF

Property Information for 540 Monticello Street

Location
Location
  • In City Limits: Yes
  • School District Name: WINCHESTER CITY PUBLIC SCHOOLS
  • School District County ID: 121141714472
  • SchoolDistrictSource: Listing Agent
  • County: WINCHESTER CITY
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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $246,200
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $222,200
  • City Town Tax: $2,290
  • Land Assessed Value: $24,000
  • Clean Green Assessed: No
  • Land Use Code: 3
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: B2
  • Tax Lot: 27
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 4
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 1008
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
  • Total Rooms: 6
Unit 2
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Finished SQFT: 1260
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
  • Total Rooms: 6
Unit 3
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 2050
  • Unit Type Lease Type: Month to Month
  • Beds Total: 4
  • Full Baths Count: 2
  • Total Rooms: 12
Financial Information
Financial Information
  • Annual Rental Income: $4,320
Building Info
Building Info
  • Building Level Count: 2
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Parcel ID: 19883145
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Driveway
  • Driveway - # of Spaces: 4
Interior Features
Interior Features
  • Interior Features: 2nd Kitchen, Additional Stairway
  • Fireplace: No
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Heat Pump(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS

Property History for 540 Monticello Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 540 Monticello Street

Taxable ValueLand$24,000Additions$351,300Total$375,300
Home Facts
Total Finished SqFt4,396 SqFtAbove Grade Finished SqFt4,396 SqFtStories2Lot Size3,999 SqFtStyleMulti-Family Res (5+ Units)Year Built1956Year Renovated1999ZoningB2CountyWINCHESTER CITYAPN330-02- - 27-

Schools near 540 Monticello Street

This home is within Winchester City Public Schools.
Rating
School
Type
Grades
Distance
Frederick Douglass Elementary School
Public - PK to 4
Daniel Morgan Middle School
Public - 7 to 8
John Handley High School
Public - 9 to 12
John Kerr Elementary
Public - PK to 4
Rating
School
Distance
Frederick Douglass Elementary School
PublicPK to 4

Daniel Morgan Middle School
Public7 to 8

John Handley High School
Public9 to 12

John Kerr Elementary
PublicPK to 4

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 540 Monticello Street, Winchester, VA 22601

540 Monticello Street is a multi-family home for sale in Winchester, VA 22601. This property was listed for sale on September 8, 2024 by United Real Estate, it's currently listed at $579,950. This listing's school district is Winchester City Public Schools. Nearby schools include Frederick Douglass Elementary School, Daniel Morgan Middle School and John Handley High School. 540 Monticello Street is a 8-bed, 4-bath, 4,396 sqft multi-family home built in 1956.

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 United Real Estate

© 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 12/06/2024 10:43 AM