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540 MONTICELLO Street
WINCHESTER VA 22601 US

$605,000

Active Listing ID VAWI2009348
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Lot: 0.09 Acres
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Other

$605,000

Active Listing ID VAWI2009348
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540 MONTICELLO Street Welcome to 540 Monticello Street, a turnkey Multi-Unit Investment Opportunity in Prime Downtown Winchester Location! Presenting a Triplex in the heart of Downtown Winchester-a 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 The roof less than 3 years old New HVAC installed (2025) 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 $45, 300. 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!

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Property Features

  • Facts
  • Lot Size: 0.09 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Heat Pump
  • Heating Fuels: Heat Pump (Heating)

School Information

  • School
  • CALL SCHOOL BOARD(Elementary)
  • CALL SCHOOL BOARD(MiddleSchool)
  • CALL SCHOOL BOARD(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 605000
  • unparsedaddress: 540 MONTICELLO Street
  • postalcity: WINCHESTER
  • stateorprovince: VA
  • country: US
  • postalcode: 22601
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.09
  • lotsizeunits: Acres
  • lotsizearea: 0.09
  • livingarea: 4396
  • livingareaunits: Square Feet
  • latitude: 39.14512
  • longitude: -78.18863
  • listagentfullname: Laura King
  • listagentemail: laura@mympr.com
  • listagentkey: 3yd-TRENDPA-3098363
  • listagentmlsid: 3098363
  • listagentpreferredphone: 5404098683
  • listagentofficephone: 5404502747
  • listofficekey: 3yd-TRENDPA-MAKR1
  • listagentstatelicense: 0225221392
  • listofficemlsid: MAKR1
  • disclaimer: Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1956
  • listingcontractdate: 2025-10-24
  • countyorparish: WINCHESTER CITY
  • elementaryschool: CALL SCHOOL BOARD
  • highschool: CALL SCHOOL BOARD
  • elementaryschooldistrict: WINCHESTER CITY PUBLIC SCHOOLS
  • middleorjuniorschooldistrict: WINCHESTER CITY PUBLIC SCHOOLS
  • highschooldistrict: WINCHESTER CITY PUBLIC SCHOOLS
  • appliances: Dishwasher, Microwave, Oven/Range - Electric, Washer/Dryer Hookups Only, WaterHeater
  • cooling: Heat Pump
  • constructionmaterials: HardiPlank Type, Vinyl Siding
  • heating: Heat Pump (Heating)
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Assigned, Driveway
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: 2nd Kitchen, Additional Stairway, Bathroom - Tub Shower, Breakfast Area, Carpet, Combination Dining/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Table Space
  • rooms: Dining Room, Family Room
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -78.18863, 39.14512
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"MarketPlace Realty LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"laura@mympr.com", "ListBrokerageCity":"WINCHESTER", "ListBrokerageCountry":"US", "ListBrokerageEmail":"angeladuncan@netzero.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"MarketPlace Realty LLC", "ListBrokeragePhone":"(540) 450-2747", "ListBrokeragePostalCode":"22601", "ListBrokerageStateOrProvince":"VA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"302 SOUTH BRADDOCK ST", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"302 S BRADDOCK Street ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"MAKR1", "ListOfficeCity":"WINCHESTER", "ListOfficeCountry":"USA", "ListOfficeEmail":"contactus@mympr.com", "ListOfficePostalCode":"22601", "ListOfficeStateOrProvince":"VA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - WINCHESTER, VA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/540-Monticello-St_Winchester_VA_22601_M92218-77335?f=listhub&s=TRENDPA&m=VAWI2009348&c=rexren", "MLSModificationTimestamp":"2025-10-24 18:23:32", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3670, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/24/2025 6:35:42 PM GMT
Source Updated Date: 12/15/2025 6:45:15 PM GMT

Courtesy of: Laura King, MarketPlace REALTY, laura@mympr.com

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