NOT LISTED FOR SALE

1004 Franklin St Winchester, VA 22601

-- Bed
-- Bath
2,387 Sq Ft
1975 Built

Last Sold November 18, 2016

Last sale price $750,000 $314 Per Sq Ft

About This Home

As of November 2016

Investment property for sale. Group of 5 buildings with 17 total apartments. Other buildings included in sale are 1009 and 1100 Franklin; 1119 and 1120 Allen Drive. Properties have been well maintained, Laundry room with 4 washers and dryers located in one building for use by all tenants. Electric separately metered, one water meter for each building. Asking $675,000.

Last Agent to Sell the Property

Brett Haynes

(540) 247-1756 brett.haynes@oakcrestcre.com Oakcrest Commercial LLC. License #0225025964 Listed on: 06/17/2016

Last Buyer's Agent

Randolph Craun

(540) 450-0878 randy@randycraun.com Oakcrest Commercial LLC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Parking

  • Parking Space Conveys

Home Design

  • Brick Exterior Construction

Schools

  • Daniel Morgan Middle School
  • John Handley High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7234

Community Details

Overview

  • Property has a Home Owners Association
  • 17 Units
  • Madison Terrace Subdivision

Building Details

  • Operating Expense $39,250

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1975
  • Remarks Public: Investment property for sale. Group of 5 buildings with 17 total apartments. Other buildings included in sale are 1009 and 1100 Franklin; 1119 and 1120 Allen Drive. Properties have been well maintained, Laundry room with 4 washers and dryers located in one building for use by all tenants. Electric separately metered, one water meter for each building. Asking $675,000.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 282.78
  • Street Number Modifier: 1004

Exterior Features

  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA: No

Schools

  • School District: WINCHESTER CITY PUBLIC SCHOOLS
  • Middle School: DANIEL MORGAN
  • High School: JOHN HANDLEY
  • School District Key: 121141714472
  • High School: JOHN HANDLEY
  • Middle Or Junior School: DANIEL MORGAN

Lot Info

  • Lot Size Units: Square Feet
  • Property Attached Yn: Yes
  • Zoning: HR

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Multi Family

  • Gross Income: 94243.14
  • Operating Expense: 39249.62
  • Vacancy Allowance Rate: 10.00

Tax Info

  • Assessor Parcel Number: 7234
  • Tax Total Finished Sq Ft: 2387
  • Close Date: 11/18/2016

MLS Schools

  • School District Name: WINCHESTER CITY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $750,000 +11.1% $314 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $675,000 -22.9% $283 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $875,000 -- $367 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brett Haynes

    Seller's Agent in 2016

    Brett Haynes

    Oakcrest Commercial LLC.

    (540) 247-1756

    4 in this area

    15 Total Sales

    Brett Haynes
    Section Image
  • Randolph Craun

    Buyer's Agent in 2016

    Randolph Craun

    Oakcrest Commercial LLC.

    (540) 450-0878

    6 in this area

    6 Total Sales

    Randolph Craun
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003889235

Bright MLS
Virginia Winchester County Winchester 22601

1004 Franklin St, Winchester, VA

This home is located at 1004 Franklin St, Winchester, VA 22601 since 17 June 2016. This property was built in 1975. 1004 Franklin St is a home located in Winchester City with nearby schools including Daniel Morgan Middle School, John Handley High School, and Sharon's Centre.

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