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Located at 540 Monticello Street, Winchester, Virginia 22601, this Multi-Family Home is for Sale with a price of $625,000 USD. The property was built in 1956,. This listing has 4,396 Sq.Ft. of interior space on a lot of .09 Acres. See all Homes for Sale in Winchester.
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50. 540 Monticello Street
1. 540 Monticello Street
2. 540 Monticello Street
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VirginiaWinchester540 Monticello Street

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Description

540 Monticello Street,

Winchester, VA 22601

Welcome to 540 Monticello Street, a turnkey Multi-Unit Investment Opportunity in Prime Downtown Winchester Location! Presenting a Triplex in the heart of Downtown Winchestera rare opportunity for investors seeking strong cash flow in a highly desirable and commuter-friendly location. Just minutes from I-81 and I-66, and less than an hour from Northern Virginia, this property offers convenience, charm, and long-term value. The building features two 2-Bedroom, 1-Bath Units Each offers large Kitchens, updated finishes, and their own Laundry Rooms. One of the units is ground level, and the other 2nd-Level unit has access to its own deck space. The largest unit of the three features two finished levels, connected with an interior staircase, 5-Bedrooms, 2 Full Baths, 2 Living Rooms, a Full kitchen, Laundry, and access to it's own private patio & deck. It's a unique two-level layout, perfect for multi-tenants and/or premium rental rates. Recent renovations throughout the last few years include: Luxury vinyl plank (LVP) flooring, fresh paint, and updated kitchens and baths Newer appliances in each unit A roof less than 3 years old Designated parking for all units With all units currently leased, this is a true turnkey investment with reliable income and minimal immediate maintenance needs. This well-maintained building features three fully occupied units, bringing in a current gross annual rental income of $43,200. Whether you're looking to grow your portfolio or occupy a unit while renting the others, or the potential for a short-term rental, this property checks all the boxes!

This is an Active listing.

Broker Office Phone Number: 540-450-2747

Copyright © 2025Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Breakfast Area
  • Dining Area
  • Dishwasher
  • Dryer Included
  • Washer / Dryer
  • Assigned Parking
  • Driveway
Listing By: MarketPlace REALTY via Data Source: Bright MLS 
$625,000
price
$142
Price Per Sqft
$3,670
Annual taxes
Multi-Family Home
Property type
1956
Year Built
Winchester City Public Schools
School District
Winchester City Public Schools
School District
winchester-city-public-schools-winchester-va
Schools
Call School Board
Elementary
Call School Board
Middle
Call School Board
High
12952788
Web Id
VAWI2007538
MLS ID
96
Days Posted

Price HistoryView all +

datepricevariancetype
4/24/2025$625,000 7.78 %increased
1/17/2025$579,900undefineddecreased
1/7/2025$579,925undefineddecreased
12/9/2024$579,950undefineddecreased
12/5/2024$579,975undefineddecreased
9/8/2024$580,000-Listed
more info
4,396 Sq Ft.
interior
0.09 Acres
Exterior
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    540 Monticello Street
    Winchester, VA 22601

    $625,000