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
1/17
null | 7.5% 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

Investment Opportunity in the Heart of Chester! 4-Unit Renovated Multi-Family Investment Opportunity that also includes a large, subdividable SF lot, conveniently located in a suburban neighborhood, just at Rt 10 W. Hundred Rd, at Thomas Dale High School, close to 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 (3) 2-bedroom units and (1) 1-bedroom unit, with separate electric meters and furnaces. NOI is apr $4,000/mon for 7.5% cap rate.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$260 USD /SF

# OF UNITS

4

PRICE/UNIT

$162,500

CAP RATE

7.5%

% LEASED

100%

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.