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406 N Loudoun Street, Winchester, VA 22601
$1,200,000
406 N Loudoun Street, Winchester, VA 22601View this property at 406 N Loudoun Street, Winchester, VA 22601
406 N Loudoun StreetWinchesterVA22601
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Property Description
14 Unit Apartment Building, 2 Blocks from Walking Mall, 15 Private Parking Spaces; EXCELLENT RENTAL HISTORY! New Roofs in 2014 and 2010. Separately metered. Well maintained property. Several units recently renovated. Mix of one bedroom and two bedroom units. Pictures show between turning over apartments but building only has one vacancy at the time of this listing. Below market rents allow for Buyer upside! Potential condo situation or hold for long term continued growth and cash flow! Onsite coin laundry facility for residence, awesome location, good condition, historical charm, and off street parking make each rare vacancy relet ASAP. Gross annual rent is $100K. P&L available upon request. Priced at $1.2M.
Full Property Details
Full Property Details for 406 N Loudoun St
General
- Sold For: $1,200,000
- Taxes: $4,617 (2021)
- Status: Closed
- Type: Apartment
- MLS ID: VAWI2000054
- Added to Site: 1, 040 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Total Spaces: 15
- Parking Type: Parking Lot, On Street, Public Garage
Location
- County: Winchester City
- Driving Directions: 2 blocks north of Walking Mall and Piccadilly Street. One block from Loudoun Street Parking Garage
- Location Details: Business District
- City Limits: Yes
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard - Electric, Central
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Under Ground
Structural Information
- Construction: Frame
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,698
- Lot Size Source: Assessor
- Lot Features: Premium
- Zoning: HR
- Lot Description: Premium
Financial Considerations
- Price Per Sq. Ft.: $188.95
- Assessment Year: 2021
- City/TownTax: $4,617
- City/TownTax Freq: Annually
- Tax w/Assessment: $496,500
- Tax Amount: $4,617
- Tax Year: 2021
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Section: L
Listed by Greenfield & Craun Commercial, Gillian J Greenfield
Sold by Greenfield & Craun Commercial, Gillian J Greenfield
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Schools
Schools serving 406 N Loudoun St
School District:Winchester City Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
550 Virginia Ave, Winchester, VA 22601 | PK-5 | 0.6 mi | |
48 S Purcell Ave, Winchester, VA 22601 | 7-8 | 1 mi | |
425 Handley Blvd, Winchester, VA 22601 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 406 N Loudoun St
Date
Details
Price
Change
Source
10/22/2021
Sold
$1,200,000
—
MLS
6/21/2021
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
406 N Loudoun Street, Winchester, VA 22601 (MLS# VAWI2000054) is a Apartment property that was sold at $1,200,000 on October 22, 2021. Want to learn more about 406 N Loudoun Street? Do you have questions about finding other Apartment real estate for sale in Winchester? You can browse all Winchester real estate or contact a Coldwell Banker agent to request more information.