NOT LISTED FOR SALE

1704 Roberts St Winchester, VA 22601

-- Bed
1 Bath
500 Sq Ft
0.39 Acres

Last Sold May 13, 2016

Last sale price $564,000 $1,128 Per Sq Ft

171 Days on Market

About This Home

As of May 2016

Great opportunity to own an income producing apartment building..close proximity to Old Town (1.5 mi) and Shenandoah University (1.3 mi). Close to shopping, restaurants, parks & Winchester's Green Circle walking and biking trail. All brick building containing 16 one bedroom units renting for $600/ mo. Potential to increase rents with cosmetic upgrades. Off street parking. Agent related to seller

Last Agent to Sell the Property

Stan Corneal

MarketPlace REALTY Listed on: 10/23/2015

Last Buyer's Agent

Brett Haynes

Oakcrest Commercial LLC. License #0225025964

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,182

Year Built

  • Built in 1970

Lot Details

  • 0.39

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Parking

  • Garage
  • Side Facing Garage
  • Unpaved Parking
  • Unassigned Parking

Utilities

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

Additional Features

  • Electric Oven or Range
  • 0.39 Acre Lot

Listing and Financial Details

  • The owner pays for insurance, real estate taxes, all utilities
  • Tax Lot 2
  • Assessor Parcel Number 1033

Community Details

Overview

  • No Home Owners Association
  • 16 Units
  • J H & E L Henry Subdivision

Building Details

  • Operating Expense $26,640
  • Net Operating Income $77,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,182

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1970
  • Remarks Public: Great opportunity to own an income producing apartment building..close proximity to Old Town (1.5 mi) and Shenandoah University (1.3 mi). Close to shopping, restaurants, parks & Winchester's Green Circle walking and biking trail. All brick building containing 16 one bedroom units renting for $600/ mo. Potential to increase rents with cosmetic upgrades. Off street parking. Agent related to seller
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Brick/Mortar
  • Basement: No
  • Price Per Sq Ft: 76.78
  • Street Number Modifier: 1700

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned, Unpaved
  • Garage Features: Garage - Side Entry

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • 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: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 389600.00
  • Land Assessed Value: 70000.00
  • Lot Size Acres: 0.39
  • Lot Size Area: 16940
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16940.00
  • Year Assessed: 2015
  • Zoning: HR
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Insurance, Taxes - Real Estate, All Utilities
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19877043
  • Tax Annual Amount: 4182.36
  • Assessor Parcel Number: 1033
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 7802
  • Tax Year: 2015
  • Close Date: 05/13/2016

Multi Family

  • Gross Income: 115200.00
  • Operating Expense: 26640.00

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 Change Sq Ft Price
05/13/2016 05/13/16 Sold $564,000 -5.8% $1,128 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
10/23/2015 10/23/15 For Sale $599,000 -- $1,198 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Stan Corneal

    Seller's Agent in 2016

    Stan Corneal

    MarketPlace REALTY

    (540) 504-0787

    4 in this area

    4 Total Sales

    Stan Corneal
    Section Image
  • Brett Haynes

    Buyer's Agent in 2016

    Brett Haynes

    Oakcrest Commercial LLC.

    (540) 247-1756

    3 in this area

    13 Total Sales

    Brett Haynes
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002745472

Bright MLS
Virginia Winchester County Winchester 22601

1704 Roberts St, Winchester, VA

This home is located at 1704 Roberts St, Winchester, VA 22601 since 23 October 2015. This property was built in 1970. 1704 Roberts St is a home located in Winchester City with nearby schools including Garland R. Quarles Elementary School, Daniel Morgan Middle School, and John Handley High School.

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