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230 CHESTNUT STREET, Winchester, VA 22601
$409,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
1
bath
1,238
sqft
Built in
1951
Exceptional Investment Opportunity: Two Income-Producing Properties for the Price of One! For the first time in over 35 years, this meticulously maintained home, located in the east end of Winchester is now available, offering a rare investment opportunity with two income producing units. Whether you're seeking a home with rental potential or a prime investment property, this one has it all, The Main features too the home include four bedrooms; two on the main floor and two on the second floor, each with generous closet space. Recent updates include a new HVAC system, roof ,fresh interior paint, refinished hardwood floors, and vinyl siding on the detached garage. The main level has a beautifully renovated bathroom and original hardwood floors that enhance the home's character. The cozy family room features a masonry fireplace, ideal for enjoying cozy evenings with a wood burning option. Step outside to a large deck, perfect for relaxing and entertaining guests. The detached two car garage and apartment includes a 500+ square foot apartment on the second level with a separate kitchen, bedroom, full bathroom and living area. This space is ideal for a rental unit or guest suite offering privacy and autonomy from the main house. The apartment has separate metering for electricity, natural gas and shares water and sewer, adding even more convenience for rental purposes. The garage also includes a second bay with a heated area for a washer/dryer hookup and additional storage. This property offers the perfect blend of residential living and income-generating potential, making it an ideal choice for investors or homeowners seeking additional revenue streams.
Features & Amenities
Interior
- General:
- Bathroom - Tub Shower,Dining Area,Floor Plan - Traditional,Formal/Separate Dining Room,Wood Floors,Ceiling Fan(s)
- Rooms:
- Dining Room,Bedroom 2,Bedroom 3,Bedroom 4,Kitchen,Family Room,Bedroom 1,Bathroom 1
- Appliances:
- Dishwasher,Exhaust Fan,Microwave,Stove,Water Heater
- Laundry:
- Hookup,Main Floor
- Basement:
- Interior Access,Sump Pump,Poured Concrete
- Flooring:
- Hardwood,Laminated,Vinyl,Concrete,Ceramic Tile
- A/C:
- Central A/C,Ceiling Fan(s),Window Unit(s)
- Heating:
- Y, Baseboard - Electric,Forced Air, Natural Gas
- Fireplace:
- Brick,Screen, Fireplace, Fireplaces: 1
- Disability Feature:
- None
Exterior
- General:
- Gutter System,Street Lights,Sidewalks, Above Grade,Below Grade
- Style:
- Bungalow
- Parking:
- Gravel Driveway
Construction
- Roofing:
- Shingle
- General:
- Stucco,Vinyl Siding, 2, Block,Crawl Space
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- WINCHESTER CITY PUBLIC SCHOOLS
- County:
- WINCHESTER CITY
Lot
- Zoning:
- MR, 195-11- - 17C-
- View:
- Street
- Current Use:
- 1
Utilities
- Utilities:
- Electric Available,Natural Gas Available,Cable TV Available,Sewer Available,Water Available
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
- Exclusions:
- Washer & Dryer- Garage/Apartment
This listing courtesy of:
Long & Foster Real Estate, Inc., Jeffrey Scott Boppe
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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