139 Loudoun StWinchester, VA 22601
- Land
- 0.11 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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