386 Round Hill Winchester, VA 22602
Listing Courtesy of: BRIGHT IDX / Marketplace Realty

  386 Round Hill Winchester, VA 22602

Active (180 Days)
$499,000
3
BED
1
BATH
2,736
SQFT

Description

Excellent investor opportunity to own 2 adjacent income producing detached homes sold in a special package deal with a total of 4 rental spaces in both homes. Sellers will consider short term owner financing of 402 Round Hill but not 386. Properties sold together on one contract. Or, you could live in 402 Round Hill and just rent the 3 units at 386 Round Hill. Tenants pay utilities. Total combined monthly rent is $3665 with a seller calculated CAP rate of 6.5%. 386 Round Hill on the right with 3 units is about 2736 square feet containing 2 units on the main level and one unit on 2nd floor. New carpet in upper unit #3. 402 Round Hill is a 2 bedroom, one bath detached bungalow with about 1008 sq feet. Each house has it's own separate well and septic. All units include range and refrigerators and 3 units with laundry hook ups. Each unit has separate outside entrance and individual electric meters. Comcast available for TV and Internet. Ideal location just west of the city limits off Rt 50, minutes from Winchester Medical Center, Wal-Mart, numerous restaurants and businesses. County master planning currently being studied for possible water extension. Contact Frederick County Planning to view master plans for the area.

MLS #:
VAFV2020286
Taxes
$1,437(2022)
Lot Size
1.9 acres
Type
Single-Family Home
Year Built
1950
Style
Colonial, Other, Bungalow
School District
Frederick County Public Schools
County
Frederick County

Listed By

Roger Lamborne, Marketplace Realty
Source
BRIGHT IDX
Last checked Feb 23 2025 at 9:44 AM EST
Bathroom Details
  • Full Bathroom: 1
Interior Features
  • Refrigerator
  • Oven/Range - Electric
  • Floor Plan - Traditional
Subdivision
  • Winchester
Property Features
  • Below Grade
  • Above Grade
  • Foundation: Crawl Space
Heating and Cooling
  • Baseboard - Electric
  • None
Exterior Features
  • Aluminum Siding
  • Vinyl Siding
Utility Information
  • Utilities: Cable Tv, Above Ground
  • Sewer: Septic < # of Br, On Site Septic
  • Fuel: Electric
Stories
  • 2
Living Area
  • 2,736 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 23, 2024
Price Changed
$499,000
-3%
-16,000
Disclaimer: Copyright 2025 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 2/23/25 01:44