139 Loudoun StWinchester, VA 22601

  • Land
  • 0.11 AC
For Sale
$1,645,000 View listing

Property Details for 139 Loudoun St

Lot size
0.11 AC
Zone code
B1
Property type
Land
Property subtype
Commercial land
APN
173-01-F- 23- A
APU
17301F23A

Description

This exceptional investment opportunity presents a meticulously maintained, six-unit apartment building located at 139 S Loudoun St, Winchester, VA 22601. The property, built in 1827, boasts 4,947 square feet across three stories and sits on a 0.04-acre lot. Currently operating at 100% occupancy, this stabilized investment offers a strong net operating income (NOI) of $109,500, resulting in a 6.66% cap rate. The asking price is $1,645,000, translating to $274,167 per unit and $332.52 per square foot. The building comprises five residential units and one ground-level retail space, currently a coffee shop. Zoned B1, this property offers versatile usage potential. Its prime location anchors the Winchester walking mall, providing immediate access to local amenities and high foot traffic. The blend of historic charm and modern conveniences makes this a compelling investment in the thriving multifamily sector of the DC Virginia suburbs. The property features a classic low-rise/garden-style design and is privately owned. The building's permitted zoning is B1. This is a rare opportunity to acquire a fully leased, historic property with significant income potential. The property's address is confirmed as 139 S Loudoun St, Winchester, VA 22601, with the APN being 139-01-D-22A.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,359,972
    Hospitality
    $1,245,727
    Educational
    $1,036,430
    Medical
    $1,072,074
    Retail
    $1,612,224
139 Loudoun St, Winchester, Virginia

Location Insight

City
Winchester
County
Winchester City
State
Virginia
Latitude
39.1856
Longitude
-78.1655
CBSA code
49020
CBSA name
WINCHESTER, VA-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,059
$99,900
-
$99,900
-
$99,900
-
$99,900

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