521-525 Cameron Street

    WINCHESTER, VA 22601
    • $540,000
    • STATUS: Closed
    • ON SITE: 299 days
    • ID#: 1002308192
    Sold - 05/21/2019
    $540,000
    SOLD - 05/21/2019
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,600
      SQFT
    • $150
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1880
    County:

    School Information

    Middle School:
    High School:

    Description

    JUST REDUCED AGAIN! 5 Unit Apartment Building for Sale; Winchester City. Premier historical building w/ 3x 2-bedroom apartments+ 2 efficiencies. GOI averages $53K/year, LL expenses ave. $16K/year. Could easily increase NOI with submetering & increasing below-market rents! Buyer's added-value opportunity plus EXCELLENT AIRBNB Potential Too!!! Convenient downtown location/condition and shows well! $549K!

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    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-07-18T15:54:51.393.
    www.eriksells.com/homes/87806308

    521-525 Cameron Street WINCHESTER, VA 22601

    • Price: $549,000
    • Status: Closed
    • Updated: 15 min ago
    • ID#: 1002308192
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    3,600
    SQFT
    $150
    $/SQFT
    1880
    Built
    Neighborhood:
    None Available
    County:
    Winchester City
    Middle School:
    Daniel Morgan
    High School:
    John Handley
    School District:
    Winchester City Public Schools
    Property Description
    JUST REDUCED AGAIN! 5 Unit Apartment Building for Sale; Winchester City. Premier historical building w/ 3x 2-bedroom apartments+ 2 efficiencies. GOI averages $53K/year, LL expenses ave. $16K/year. Could easily increase NOI with submetering & increasing below-market rents! Buyer's added-value opportunity plus EXCELLENT AIRBNB Potential Too!!! Convenient downtown location/condition and shows well! $549K!
    Exterior Features

    Architectural Style Other Construction Materials BrickStone Garage YN No Other Structures Above Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 3600 Basement YN No Cooling Heat Pump(S) Fireplace YN No Heating Heat Pump(S)Central Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 3

    Property Features

    Accessibility Features None Assessment Year 2017 Association YN No Buyer Financing Commercial Wrap Central Air YN No Close Sale Terms Standard Sale Condo YN No Cooling Fuel ElectricNatural Gas Gross Income 53000.00 Heating Fuel Natural GasElectric Hot Water Natural Gas Navigable Water YN N Net Operating Income 37000.00 New Construction YN No Number Of Units Total 4 Operating Expense 16000.00 Original MLSNumber 300502988871:MRIS Owner Pays RepairsManagementInsuranceTaxes - Real EstateAll Utilities Ownership Interest Fee Simple Possession Settlement Property Sub Type Other Sale Type Standard Section A Sewer Public Sewer Structure Design Type Other Tax Annual Amount 4334.33 Tax Assessment Amount 476300.0 Vacation Rental YN No Water Source Public Year Built Effective 2006 Zoning Rb1 Zoning Description Rb1

    Listing courtesy of Greenfield & Craun Commercial.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-07-18T15:54:51.393.
     
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