12020 Winfree St - Apartments FOR SALE


Chester, VA 23831
$650,000 USD
804-349-5788
12020 Winfree St, Chester, VA for Sale
$650,000 USD
Apartments - FOR SALE
1/26
null | 5.52% Cap Rate

12020 Winfree St
Chester, VA 23831


HIGHLIGHTS

  • Income-Producing Investment Property
  • Opportunity to Add Value
  • Opportunity to Subdivide
  • Growing Chester Market
  • Close to Shopping and interstate Access

OVERVIEW

Multi-Family Property with SUBDIVIDABLE lot to build a single family home by-right, or another multi-family property (with approvals). This location is convenient to Rt 10 W. Hundred Rd, at Thomas Dale High School, across from Chester Village, YMCA, national retail stores and apr 2.5mi to I-95, I-64 and Rt 288 access. The roof is 3 was replaced 3 years ago and windows were replaced 1 year ago. All kitchens and bathrooms are modern. Apartments are open, with natural light, hardwood floors and tall ceilings. There are 4 units: (3) 2-bedroom units and (1) 1-bedroom units with separate electric meters and furnaces. Landlord pays utilities, except internet. $35,885 NOI

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$260 USD /SF

# OF UNITS

4

PRICE/UNIT

$162,500

CAP RATE

5.52%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,801 SF

ZONING

R7

APN/PARCEL ID

790-65-54-60-400-000

ASK ABOUT THIS PROPERTY

Susan Haas; MURPHaas Realty GroupMore Info
804-349-5788

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Susan Haas; MURPHaas Realty GroupMore Info
804-349-5788

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.