513 and 525 Monticello Street, Winchester, VA 22601 - Photo 1

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$500,000

For Sale
Active
Multi-Family

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Property Description

For Sale - 1.89 + Acres Redevelopment Site located just off Valley Avenue in southern Winchester. Property consists of 2 parcels and includes a single family detached rental and one unimproved lot. Lot is zoned MR and Improved parcel is zoned B-2. Property is ideally suited for multi-family development. All properties are leased. Call listing broker for additional information. Do not disturb tenants. Showings of house and duplex by appointment only and only after a ratified contract.

Full Property Details

Full Property Details for 513 and 525 Monticello St

General

Price: $500,000
Taxes: $2,645 (2022)
Status: Active
Type: Multi-Family
Source: BrightMLSMidAtlantic
MLS ID: VAWI2000030
Updated: 9/19/2024
Added to Site: 1, 311 day(s) ago

Parking

Parking Type: Driveway

Location

County: Winchester City
Driving Directions: Take Valley Avenue South, turn left onto Monticello Street. Property will be on right.
City Limits: Yes

School Information

School District: Winchester City Public Schools

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Heat Pump(s)
Heating Fuel: Electric
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Info: Other
Architectural Style: Other
Structure Type: Other
Construction: Aluminum Siding
Basement: Yes
Basement Desc.: Other
Stories/Levels: 0
Square Feet: 1,175
Sq. Ft. Source: Assessor
Living Area: 1,175 Sq. Ft.
Year Built: 1992
Year Built Source: Assessor

Unit Information

2 Bedroom Units: 2
3 Bedroom Units: 1

Lot Features

Lot Size (Acres): 1.89
Lot Size (Sq. Ft.): 82,328
Lot Size Source: Estimated
Zoning: B2

Financial Considerations

Price Per Sq. Ft.: $425.53
Assessment Year: 2022
City/TownTax: $2,645
City/TownTax Freq: Annually
Tax w/Assessment: $284,400
Tax Amount: $2,645
Tax Year: 2022
Tax Total Finished Sq. Ft.: 1175

Disclosures and Reports

Ownership: Fee Simple

Listed by Oakcrest Commercial Real Estate, Bradley K Haynes

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Listing agent

— 513 and 525 Monticello St —

Bradley K Haynes

Oakcrest Commercial Real Estate

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Schools

Schools serving 513 and 525 Monticello St

School District:Winchester City Public Schools

Name	Grades	Distance
Frederick Douglass Elementary School, Winchester, VA 100 W Cedarmeade Ave, Winchester, VA 22601	PK-5	0.6 mi
Daniel Morgan Middle School 48 S Purcell Ave, Winchester, VA 22601	7-8	3.1 mi
John Handley High School 425 Handley Blvd, Winchester, VA 22601	9-12	2.4 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 513 and 525 Monticello St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/28/2023

Price Reduced

$500,000

-40.33%

MLS

1/30/2023

Price Reduced

$837,990

-4.23%

MLS

6/06/2022

Price Reduced

$875,000

-12.41%

MLS

6/16/2021

Listed

$999,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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513 and 525 Monticello Street, Winchester, VA 22601 (MLS# VAWI2000030) is a Multi-Family property with 1 unit containing 0 bedrooms and 0 full bathrooms. 513 and 525 Monticello Street is currently listed for $500,000 and was received on June 16, 2021. Want to learn more about 513 and 525 Monticello Street? Do you have questions about finding other Multi-Family real estate for sale in Winchester? You can browse all Winchester real estate or contact a Coldwell Banker agent to request more information.

513 and 525 Monticello St Winchester, VA 22601