1006 & 1008 Franklin Street
Winchester, VA 22601
- 3 beds
- 2 baths
- 2,284 sqft
- 9,147 sqft lot
- $153 per sqft
- 1975 build
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Back to market, PRICE TO SELL, Price reduced, $179 offered per unit both unit together offered at $358 k since they are under one parcel and one tax bill and one water meter and gas. ATTRACTIVE DEAL TO INVESTOR OR New INVESTOR or First TIME BUYER, PLEASE schedule VISIT online, or call agent, Two identical units “Duplex” WHERE EACH UNIT IS END UNIT Townhouses, currently One UNIT IS Vacant AND available to view, EACH unit is about 1146 sq ft SIZE with 2 LEVELS, 3 bedrooms and 2 bathrooms and average Rent EARNS $1450-$1500 PER MONTH/UNIT for the current year, EARNING ALMOST 9-10% cap rate or MORE cash on cash Return, HERE first time buyer can use one Unit and enjoy rental income for 2nd unit $18k/yr OR RENT BOTH UUNITS AND EARN Annual Rental income $35 k/year, IT'S SINGLE PARCEL and Very close to BEAUTIFUL Winchester CITY DOWNTOWN, Rt-7 and I-81 exit 315, LESS THAN 1 MILE TO VRE+ commuter lot and on connecting Interstate Highways of many state VA-MD-WV-DC-TN-NJ and 1 HOUR DRIVE TO CAPITOL OF NATION, LURAY AND SHENADOH VALLEY STATE PARK Shenandoah UNIVERSITY, Hot Downtown Location and shopping centers, MALL and restaurants. 45 minutes drive to Leesburg AND via freeway Rt-7 to greenway. 267 TOLL ROAD takes to TYSON CORNER AND DC METRO AREA PLUS MANY WINERIES AND HISTORICAL PALCES ,close to Martinsburg casino and Shenandoah Medical College and many industrial factories and car warehouses., NATIONS HEAD OFFICE OF FEMA, AMAZONS WAREHOUSES AND TRACK COMPOSITE FACTORY , ALSO CURRENT MANAGEMENT COMPANY IS available to manage FOR investor, showing available for vacant unit and it’s identical UNITS SIDE BY SIDE (Duplex) and RENOVATED RECENTLY , Beautiful 2 level Townhome WITH 3 BEDROOM UPSTAIR WITH FULL SIZE BATHROOM AND living -Dining kitchen on main Floor with 1/2 bath, Recently Installed NEW waterproof Lamination Floor. Freshly Painted., Baseboard heat, and four to five economical Window AC. and huge backyard with BBQ Little Deck area and Spacious front yard with 2 car Parking Concrete pads for each unit. It’s Duplex where Each Corner Unit offered at 199,000, price , total $398k for these two units Tenants pays water, sewage, trash, renter's insurance, gas, electric, internet and grass cut while landlord pays pest control, ($360/annum), property tax ($1123 per unit =$2246 and property Insurance $650 and Average repairs and maintenance $1745/annum for both units Landlords income $36,000 and expenses are about $5000 Net income after all expenses are $31,000 per year
Last checked:
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Last updated Nov 17, 2024
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MLS# VAWI2006106 —
The Building
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Year Built:1975
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Year Built Source:Estimated
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Year Major Reno/Remodel:2023
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Roof:Shingle
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New Construction:No
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Construction Materials:Combination, Brick
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Builder Model:Duplex
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Building Levels:2
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Structure Type:Twin/Semi-Detached
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Architectural Style:Colonial
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Historic:Yes
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Levels:2
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Main Entrance:Northeast
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Entry Floor Number:1
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Door Features:French
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Window Features:Double Hung
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Accessibility Features:32
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Foundation Details:Concrete Perimeter, Crawl Space, Brick/Mortar
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Basement:No
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Building Winterized:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
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Above Grade Finished Area Units:Square Feet
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Above Grade Unfinished Area Units:Square Feet
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Above Grade Finished SqFt:2284
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Above Grade Finished SqFt Source:Estimated
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Above Grade Unfinished SqFt Source:Estimated
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Estimated
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Below Grade Unfinished SqFt Source:Estimated
Interior
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Interior Features:Attic, Dining Area, Floor Plan - Traditional
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Room List:Living Room, Dining Room, Bedroom 2, Bedroom 4, Bedroom 5, Kitchen, Bedroom 1, Laundry, Bedroom 6, Bathroom 3
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Room Count:6
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Floors In Unit:2
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Flooring Type:Ceramic Tile, Laminated, Vinyl
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Fireplace:No
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Wall & Ceilings:Dry Wall
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2284
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Living Area SqFt:2,284 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:VHDA, FHA, Conventional, Cash, FHA 203(b), FHA 203(k), FNMA, FHVA, Lease Purchase, USDA
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Buyer Financing:Conventional
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Possession:0-30 Days CD, Pre-Settlement, Immediate, Settlement
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Lease Considered:Yes
Location
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Directions:From Rt-7 Berryville Ave, make left ON ELM St, Left on Franklin St, 1008 to your left with driveway parking,From I-81 S Exit 315 winchester city, merge on Rt.7 (Berryville Ave) Follow above
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Cross Street:Elm st
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Latitude:39.18158000
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Longitude:-78.14423000
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Location Type:Corner Lot/Unit
The Property
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Property Type:Residential
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Property Condition:Very Good, Average
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Lot Size Units:Square Feet
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Lot Size Acres:0.21
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Lot Size Source:Estimated
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Lot Size Dimensions:44 X 80
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Lot Dimensions Source:Estimated
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Lot Features:Additional Lot(s), Backs - Open Common Area, Backs to Trees
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Lot SqFt:9,147 Sqft
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Inclusions:Driveway concrete pads for two cars in the front of the house for each unit
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Additional Parcels:Yes
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Additional Parcels:One Parcel With Two Units Duplex
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Zoning:R12
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Road Frontage Length:44
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Road Surface Type:Concrete, Black Top
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Road Responsibility:City/County
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View:City, Garden/Lawn, Trees/Woods
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In City Limits:Yes
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Outdoor Living Structures:Deck(s), Porch(es)
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Other Structures:Above Grade, Below Grade
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Horse:No
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Waterview:No
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Fencing:Barbed Wire, Rear
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Soil Types:Mixed
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (703) 597-6540
- Office phone:
- (703) 506-1003
Taxes
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Tax ID Number:196-10- - 19-
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Tax Year:2024
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Tax Annual Amount:$2,214
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Tax Assessed Value:$444,000
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Year Assessed:2024
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City/Town Tax:2214.00
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Total Taxes Payment Frequency:Semi-Annually
Beds
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Bedrooms:3
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Upper Level Bedrooms:3
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Upper Level 1 Bedrooms:3
Baths
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Total Baths:2
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Full Baths:1
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Half Baths:1
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Main Level Baths:1.00
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Main Level Half Baths:1
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Upper Level Full Baths:1
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Upper Level Total Baths:1
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Upper Level Total Baths:1.00
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Upper Level Full Baths:1
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Attic Fan
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Utilities:Phone Available, Water Available, Electric Available, Cable TV Available
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Sewer/Septic:Public Septic
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Electric Service:110 Volts, 220 Volts
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Hot Water:Natural Gas
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Water Source:Public
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Internet Services:Cable
Appliances
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Appliances:Washer/Dryer Hookups Only, Refrigerator, Stove, Exhaust Fan, Water Heater
Schools
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Middle School:Daniel Morgan
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High School:JOHN HANDLEY
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School District Name:Winchester City Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Madison Terrace
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Senior Community:No
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Exterior Features:Exterior Lighting, Play Area, Satellite Dish, Sidewalks
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:No
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HOA/Condo/Coop Amenities:None
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HOA/Condo/Coop Fee:None
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Municipal Trash:Yes
Parking
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Garage:No
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Type of Parking:Off Street, Driveway
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/16/24
Nov 16, 2024
|
Price Changed | BRIGHT | $350,000 | |
11/15/24
Nov 15, 2024
|
Sold | BRIGHT | $350,000 | 95.5% |
10/24/24
Oct 24, 2024
|
Pending | BRIGHT | $179,000 |