Property
Winchester, VA 22601 525-527 Gray Avenue
$2,900,000
41 more
Presented By: Samson Properties
Disclaimer: The information contained in this listing has not been verified by Jhony Leyva | Your Local REALTOR® and should be verified by the buyer.
SQFT • 11,000
Home Details
Included in this sale are 2 buildings with 6 townhouse units each. The buildings exteriors have new windows, doors, siding, fencing, and paved parking. Each unit is comprised of 2 bedrooms and 1.5 baths. 11 of the units have been fully updated throughout. New additions included but not limited to hvac, washer dryer hook ups, new hot water heaters, and LVP . Currently running at full occupancy with all tenants in good standing.
Presented By: Samson Properties
Interior Features for 525-527 Gray Avenue
Other Interior Features
Central Air Y/NNo
FlooringLuxury Vinyl Plank
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Total Stories2
General for 525-527 Gray Avenue
AccessibilityNone
Business TypeApartment Building
Cap Rate6.59
CityWINCHESTER
Construction MaterialsFrame
Cool FuelElectric
CoolingHeat Pump(s)
CountyWINCHESTER CITY
DirectionsWest on National Ave Right on Gray Ave Left into parking lot.
Gross Income227700.00
HeatingHeat Pump(s)
Lot Size Square Feet21693.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-03-28T09:09:13
New ConstructionNo
Number Of Units Total12
Operating Expense33500.00
OwnerPaysSewer, Trash Collection, Water, Taxes - Real Estate, Lawn/Shrub Care, Common Area Maintenance, Insurance, Snow Removal
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG263.64
Property ConditionExcellent
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
RoofArchitectural Shingle
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount7337.0
Tax Assessed Value788900.0
Tax Lot7A
Tax Year2022
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1985
Year Built SourceAssessor
ZoningHR1
Exterior for 525-527 Gray Avenue
Building Area Total11000.00
Car Parking Spaces24
Door FeaturesInsulated
Foundation DetailsBlock
Land Assessed Value175000.00
Land Use Code3
Lot FeaturesLevel, No Thru Street, Front Yard
Lot Size Acres0.50
Lot Size SourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces24
Type of ParkingParking Lot, On Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Jhony Leyva
Realtor
Similar Properties to 525-527 Gray Avenue
YOUR VISION. MY MISSION. A PERFECT HOME
homes@jhonyleyva.com
Phone
571.247.7543
Office
1440 Central Park Blvd Suite 210, Fredericksburg, VA 22401
All information is deemed reliable but not guaranteed and should be independently reviewed and verified.
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