$6,886
closing credit¹
540 Monticello St Winchester, VA 22601
Property details
About 540 Monticello St
This three unit property provides an amazing opportunity to invest in multi-family real estate. All of the units are currently rented and producing a total of $3,600 in gross monthly revenue. All of the tenants are long term and happy. The 3 units are labeled 1, 4, and 2/3. Unit 1 is a two bedroom, 1 bath and is 1,008 sqft. Unit 4 has two bedrooms, one bath and is 1,260 sqft. Apartments 1 and 4 rent for $1,000 each. Apartment labeled 2/3 is in the back of the building and has two levels. The lower level is 1,218 sqft and the upper level is 832 sqft. for a total of 2,050 sqft. This unit rents for $1,600. This makes a gross annual revenue of $43,200. Ask agent for video links All of the units are in good shape and have been maintained very well.
Highlights
(ACTIVE)
Virtual tour
Summary
- MLS Number: VAWI2006348
- MLS Name: BRIGHT
- Office Name: United Real Estate
- Office Phone: (703) 665-3544
- Office Email: zhanneta@unitedrealestate.com
- Listing Agent: William Mulligan
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$579,900
540 Monticello St
$6,886
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $375,300 | $- |
| 2023 | $375,300 | $3,114 |
| 2022 | $246,200 | $2,289 |
| 2021 | $246,200 | $2,289 |
| 2020 | $246,200 | $2,289 |
| 2019 | $246,200 | $2,289 |
| 2018 | $246,200 | $2,240 |
| 2017 | $246,200 | $2,240 |
History based on county public records data.
Nearby schools
5
Frederick Douglass Elementary School
Public District KG-4
0.6 mi
•100 W Cedarmeade Ave
3
Garland R. Quarles Elementary School
Public District PK-4
2.2 mi
•1310 S Loudoun St
5
Evendale Elementary School
Public District PK-5
2.6 mi
•220 Rosa Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $71,143. The majority of Winchester, VA residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Extreme Sports
Horse Races
Hiking/backpacking
Where do the neighbors shop?
Sam's Club
Stein Mart
Nordstrom Rack
Where do the neighbors go to eat?
White Castle
LongHorn Steakhouse
Chipotle
What do the neighbors drive?
Oldsmobile
Buick
Mazda
What do the neighbors listen to?
Rock
Contemporary Inspirational
Rhythmic Contemporary Hits
This home is located at 540 Monticello St in Winchester, VA and zip code 22601. This 4,396 square foot home, which was built in 1956, sits on a 0.09 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since September 8, 2024 and is currently priced at $579,900.
While more than 16 listings in Winchester, VA in December 2024 were sold above asking price, there were more than 17 listings sold at asking price, and more than 42 were sold below. In December 2024 in Winchester, VA there were 10% less homes for sale than in November. While the average time on the market in December 2024 was 50 days, the median list price was $390,000.