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Cedar Creek Real Estate Licensed in Virginia and West Virginia 2300 Stroneride Road Winchester, VA 22601 540-667-1130
True investment opportunity for this 2 unit apartment, just 4 blocks from downtown Winchester, VA.  Each unit has 2 bedrooms, bath, kitchen, livingroom. This home was built in 1938.  The exterior has been reclad in maintenance free vinyl, with metal roof and concrete foundation.  The home is attached to another single unit that is not owned by this owner.  Each unit is separately metered for natural gas and electric.  The water/sewer is shared, and the landlord has been paying that up to a certain $ amount.  Each unit is presently occupied and under lease.  The income is $900 monthly.  The units are generally in good condition, with hardwood flooring and higher ceilings.  The rear yard is fenced, and has a shed. Total square footage is approximately 670 sf in each unit. Parking is street parking only. The lot size is .041 (small city lot).  Annual taxes to the City of Winchester are $530.62.  This list price is $82,900.  The MLS# is WI7836077. Directions to the property:  From downtown Winchester, take Piccadilly Street towards Rt.7 (Berryville Ave).  Make the left onto East Lane at the end of the street, and make the curve onto National Ave.  The property is right there, at the intersection before the curve, on the left.  Cartwright Funeral home is 2 doors to the left.  (Fairfax Lane is a one-way street, heading east. So, you can't make a left turn onto Fairfax when coming this direction).  The physical address of the property is 238 E. Fairfax Lane, Winchester, Va. 22601