45 And 45 1/2 Race St, Winchester, VA 22601

Winchester
Local realty services provided by:Mountain Realty ERA Powered
45 And 45 1/2 Race St,Winchester, VA 22601
$250,000
  • 4 Beds
  • - Baths
  • 1,249 sq. ft.
  • Multi-family
  • Pending
Listed by: teri domanski
Office: your home sold guaranteed realty - east llc.
MLS#:VAWI2009612
Source:BRIGHTMLS

Price summary

  • Price:$250,000
  • Price per sq. ft.:$200.16

About this home

INVESTORS - at this price you have a fabulous income property with an 11% cap rate. Here's the math - two units renting at $1,250 = $30,000 income. Subtract taxes and insurance = approximately $28,600. This is a great starter property for those looking to build a real estate portfolio or add to an existing one. Both apartments were completely rehabbed last year - new wiring and plumbing, new appliances, including washer and dryer, vinyl plank flooring and fenced backyards. Situated just minutes from the historic Old Town Winchester pedestrian mall and major commuter routes, this is a "set-and-forget" asset in one of the areas strongest rental markets.

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Home facts

  • Year built:1931
  • Listing ID #:VAWI2009612
  • Added:46 day(s) ago
  • Updated:July 20, 2026 at 08:34 AM

Rooms and interior

  • Bedrooms:4
  • Flooring:Vinyl
  • Kitchen Description:Built-In Microwave, Refrigerator
  • Living area:1,249 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Roof:Metal
  • Year built:1931
  • Building area:1,249 sq. ft.
  • Lot area:0.06 Acres
  • Architectural Style:Side-by-Side
  • Construction Materials:Stick Built, Vinyl Siding
  • Exterior Features:Play Area, Sidewalks, Street Lights
  • Foundation Description:Stone

Schools

  • High school:JOHN HANDLEY
  • Middle school:DANIEL MORGAN
  • Elementary school:VA AVE C DEHART

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$250,000
  • Price per sq. ft.:$200.16
  • Tax amount:$570 (2024)

Parking

  • Parking description:On Street

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