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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
6
Photos
3
beds
1
bath
2,736
sqft
Built in
1950
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. 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 $3570 with a seller calculated CAP rate of 6.7%. 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 being scheduled in upper unit. 402 Round Hill is a 2 bedroom, one bath detached bungalow with about 1008 sq feet, single tenant. Each house has it's own separate well and septic. All units include range and refrigerators and laundry hook ups. Each unit has separate outside entrance and individual electric meters. Need 24 hour notice to arrange showings with the 4 tenants. 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.
Features & Amenities
Interior
- General:
- Floor Plan - Traditional
- Appliances:
- Oven/Range - Electric,Refrigerator
- Laundry:
- Hookup
- A/C:
- None
- Heating:
- Y, Baseboard - Electric, Electric
- Disability Feature:
- None
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Bungalow,Other,Colonial
Construction
- General:
- Vinyl Siding,Aluminum Siding, 2, Crawl Space
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- FREDERICK COUNTY PUBLIC SCHOOLS
- County:
- FREDERICK
Lot
- Zoning:
- RA, 52 A 244
Utilities
- Utilities:
- Above Ground,Cable TV
- Water:
- Well
- Sewer:
- On Site Septic,Septic < # of BR
Financial
- Source:
- BRIGHT_MAIN
- Exclusions:
- Window AC
This listing courtesy of:
MarketPlace REALTY, Roger Lamborne
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Winchester, VA
Housing
- Number of Units
- 31,497
- Median Home Value
- $280,575
- Median Rent
- $967
37.14% of housing units are renter occupied.
5.74% are vacant.
Commute
- Car
-
71.46%
- Public Transportation
-
0.36%
- Walk to Work
-
2.04%
- Work from Home
-
25.59%
- Other
-
0.28%
The median travel time to work is 23 minutes.
People
- Population
- 77,920
- Median Age
- 39.40
- Median Household Size
- 2.69
Education
- High School
-
29.65%
- Associate’s Degree
-
7.95%
- Bachelor’s Degree
-
17.41%
- Graduate Degree
-
13.17%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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