Courtesy of: Roger Lamborne, MarketPlace REALTY, roger@lamborne.com
Courtesy of: Roger Lamborne, MarketPlace REALTY, roger@lamborne.com
$499,000
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Lot: 1.90 Acres
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Other
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$499,000
386 ROUND HILL Excellent investor opportunity to own 2 adjacent income producing detached homes sold in a special package deal with a total of 4 rental spaces in both homes. Properties sold together on one contract. Or, you could live in 402 Round Hill and just rent the 3 units at 386 Round Hill. Tenants pay utilities. Total combined monthly rent is $3665 with a seller calculated CAP rate of 6.5%. 386 Round Hill on the right with 3 units is about 2736 square feet containing 2 units on the main level and one unit on 2nd floor. New carpet in upper unit #3. 402 Round Hill is a 2 bedroom, one bath detached bungalow with about 1008 sq feet. Each house has it's own separate well and septic. All units include range and refrigerators and 3 units with laundry hook ups. Each unit has separate outside entrance and individual electric meters. Need 24 hour notice to arrange showings with the 4 tenants. Comcast available for TV and Internet. Ideal location just west of the city limits off Rt 50, minutes from Winchester Medical Center, Wal-Mart, numerous restaurants and businesses. County master planning currently being studied for possible water extension. Contact Frederick County Planning to view master plans for the area.
Courtesy of: Roger Lamborne, MarketPlace REALTY, roger@lamborne.com
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