540 Monticello Street

WINCHESTER, VA 22601

  • 0 Bed(s)
  • 0 Bath(s)
  • 4,396 Sqft
  • 3999
    Sqft(Lot)
$625,000

Description

Welcome to 540 monticello street, a turnkey multi-unit investment opportunity in prime downtown winchester location!
presenting a triplex in the heart of downtown winchester—a rare opportunity for investors seeking strong cash flow in a highly desirable and commuter-friendly location. just minutes from i-81 and i-66, and less than an hour from northern virginia, this property offers convenience, charm, and long-term value.

the building features two 2-bedroom, 1-bath units – each offers large kitchens, updated finishes, and their own laundry rooms. one of the units is ground level, and the other 2nd-level unit has access to its own deck space. the largest unit of the three features two finished levels, connected with an interior staircase, 5-bedrooms, 2 full baths, 2 living rooms, a full kitchen, laundry, and access to it's own private patio & deck. it's a unique two-level layout, perfect for multi-tenants and/or premium rental rates.
recent renovations throughout the last few years include:
luxury vinyl plank (lvp) flooring, fresh paint, and updated kitchens and baths
newer appliances in each unit
a roof less than 3 years old
designated parking for all units
with all units currently leased, this is a true turnkey investment with reliable income and minimal immediate maintenance needs. this well-maintained building features three fully occupied units, bringing in a current gross annual rental income of $43,200.
whether you're looking to grow your portfolio or occupy a unit while renting the others, or the potential for a short-term rental, this property checks all the boxes!

  • Property Type

    Multi-Family

  • County

    WINCHESTER CITY

  • Style

    Other

  • AD ID

    49464996

Sell a home like this and save $37,001 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • 2nd Kitchen,Additional Stairway,Bathroom - Tub Shower,Breakfast Area,Carpet,Combination Dining/Living,Dining Area,Entry Level Bedroom,Family Room Off Kitchen,Kitchen - Eat-In,Kitchen - Table Space
    • Roof : Architectural Shingle
    • Property Appliances: Dishwasher,Microwave,Oven/Range - Electric,Washer/Dryer Hookups Only,Water Heater

    Roofing Information

    • Architectural Shingle

    Heating & Cooling

    • Cooling: Heat Pump(s)
    • Heating: Heat Pump(s)
    • Cooling Fuel: Electric
    • Heating Fuel: Electric

    Window Information

    • Window Treatments: Double Pane

  • Building Information

    • Year Built: 1956
    • Structure: Other
    • Major Appliances: Dishwasher,Microwave,Oven/Range - Electric,Washer/Dryer Hookups Only,Water Heater
    • New Construction: No
    • Total Units: 3
    • Built: 1956
    • Construction Material: HardiPlank Type,Vinyl Siding
    • Roof: Architectural Shingle
    • Foundation/Basement: Slab
    • Architecture: Other
    • Pool/Private: No Pool
    • Roof Type: Architectural Shingle

    Exterior Features

    • Utilities: Cable TV Available,Multiple Phone Lines

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 3,999
    • Lot Size (Acres): 0.09
    • Architectural Style: Other
    • Stories Total: 2
    • Main Square Feet: 3,999

    Property Information

    • SQ ft: 4,396
    • SQ ft (Living Area): 4,396
    • Total Lot SQ ft: 3,999
    • Financing: Cash,Conventional,Other
    • Total Acreage: 0.09
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: Settlement
    • Days Of Market: 2

  • Tax Information

    • Annual Tax: $3,670
    • Tax Year: 2025
    • Total Taxes Payment Frequency: Annually

    Possession

    • Settlement

    Assessment Information

    • Taxes Assessment Amount: $461,600

  • Parking Information

    • Parking Features: Paved Driveway,Assigned
    • Parking Type: Driveway

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,Other
    • Road Surface: Paved
    • Roof: Architectural Shingle

    Homeowners Association Information

    • Direction: From Valley Ave (Rt. 11) North make a Right onto Monticello Street, building is on your Left.

  • School Information

    • Elementary School: CALL SCHOOL BOARD
    • Middle OR Junior School: CALL SCHOOL BOARD
    • High School: CALL SCHOOL BOARD
    • School District: WINCHESTER CITY PUBLIC SCHOOLS

    Utility Information

    • Cable TV Available,Multiple Phone Lines
    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Electric
    • Hot Water: Electric

    Location Information

    • Direction: From Valley Ave (Rt. 11) North make a Right onto Monticello Street, building is on your Left.
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Message allows only 1500 character
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2025 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

BuyOwner last updated this listing 04/25/2025 @ 06:34

  • MLS: VAWI2007538
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 4,396 sqft, 3,999 sized lot, and 0 parking. are nearby neighborhoods.