Description
Fully occupied fourplex for sale. Excellent location walkable to downtown, with abundant parking directly across from the greenery of Handley High School. Two-story all brick building with 4 residential units, private balconies, and fenced-in yard. Each apartment individually metered and with dedicated washer/dryer. Fenced in yard + location across from Handley campus creates opportunity for additional pet-related income sources. Proven track record with history of 100% occupancy. Long-term tenant base with low turnover and rents under market. Immediate value-add through bringing rents closer in line with market in 2023. Well-maintained building with opportunities for additional value-add through light interior improvements. Portion of basement recently finished to add additional bed and bath -- potential opportunity to renovate remaining unfinished space for further value-add through creation of additional living or storage space. Winchester is a growing market 50 minutes west of Dulles Airport and 75 miles from Washington, D.C.
Location
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Courtesy of: Washington International Service Executives, LLC Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 2nd July, 2022 10:55 PM (UTC)
