2967 Valley Avenue
Winchester, VA 22601
- – beds
- – baths
- 16,771 sqft
- ~3/4 acre lot
- $226 per sqft
- 1950 build
Exceptional opportunity located directly on Valley Avenue. 20 residential units, 15 offices. Selling at a CAP rate of 7.5%. Fully leased and possible help with financing to a well qualified buyer. The residential units are fully furnished and fully leased. The offices are full rented except the 2 the current owner uses. There is a shared conference room , kitchen and reception area for the office units.
Listing courtesy of BRIGHT / Link Realty Services LLC
Last checked:
Checking…
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Last updated Nov 15, 2024
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MLS# VAWI2005910 —
The Building
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Year Built:1950
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Stucco
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Structure Type:Detached
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Architectural Style:Other
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Building Units Total:1
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Accessibility Features:None
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Foundation Details:Block
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Total SqFt Source:Estimated
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Total Below Grade SqFt:1050
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:5832
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:17821
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Living Area SqFt:16,771 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
Location
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Directions:Located directly on Valley Ave. (Rt 11).
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Latitude:39.14627000
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Longitude:-78.18967000
The Property
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Property Subtype:Other
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.75
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Lot Size Source:Assessor
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Lot SqFt:32,491 Sqft
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Zoning:B2
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Water View:No
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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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Land Use Code:4
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (540) 247-6426
- Office phone:
- (540) 450-0142
Taxes
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Tax ID Number:329-01- - 1-
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Tax Year:2022
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Tax Lot:1
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Tax Annual Amount:$13,522
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Tax Assessed Value:$1,454,000
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Year Assessed:2022
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City/Town Tax:13522.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Heat Pump(s), Ductless/Mini-Split
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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:Heat Pump(s)
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Heating Fuel:Natural Gas
Utilities
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Utilities:Cable TV, Electric Available, Natural Gas Available, Sewer Available
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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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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Pool:No Pool
Parking
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Garage:No
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Type of Parking:Off Street
Extra Units
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Vacation Rental:No
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One Bedroom Units:20
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).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/15/24
Nov 15, 2024
|
Price Changed | BRIGHT | $3,800,000 | 8.6% |
11/4/24
Nov 4, 2024
|
Listed / Active | BRIGHT | $3,500,000 | |
10/2/24
Oct 2, 2024
|
Sold Subject To Contingencies | BRIGHT | $3,500,000 |