540 MONTICELLO Street Winchester, VA 22601
- Added:
- Feb 17, 2026
- Days on Market:
- 43
- Last Refresh:
- Apr 1 at 9:06 am
Property Features for 540 MONTICELLO Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Family Room, Dining Room
- Parking
- 5
- Parking features
- Driveway, Assigned
- Interior features
- 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
- Appliances
- Dishwasher, Microwave, Oven/Range - Electric, Washer/Dryer Hookups Only, WaterHeater
- Standard status
- Active
- Size
- 4,396 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- TaxAnnualAmount
- 3670
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump
Building Details
- Year built
- 1956
- Number of units
- 3
- Building materials
- HardiPlank Type
Listing agent Laura King License #0225221392 (540) 409-8683
Listing office MarketPlace REALTY 302 S BRADDOCK Street, WINCHESTER, VA (540) 450-2747
Listing date Feb 17, 2026
MLS# VAWI2009974
Copyright © 2026 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.
Overview
Downtown Winchester Triplex Investment Opportunity
Located in downtown Winchester, this triplex presents a multi-unit investment opportunity. The building contains two 2-bedroom, 1-bath units, each featuring large kitchens, updated finishes, and laundry rooms. One unit is ground level, while the other has access to a deck. The largest unit spans two finished levels connected by an interior staircase, and includes 5 bedrooms, 2 full baths, 2 living rooms, a full kitchen, laundry, and a private patio and deck. This two-level layout is suitable for multi-tenants and premium rental rates. Recent renovations include luxury vinyl plank flooring, fresh paint, updated kitchens and baths, and newer appliances in each unit. The roof is less than 3 years old, and new HVAC is scheduled for installation in 2025. Designated parking is available for all units. The property is currently fully leased, generating a gross annual rental income of $45,300. The property is located minutes from I-81 and I-66, and less than an hour from Northern Virginia. The lot size is 0.09 acres and the property size is 4396 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Specialty properties
Location Insight
- Map
- Local Demand
- City
- Winchester
- County
- Frederick
- State
- Virginia
- Longitude
- -78.18863
- Latitude
- 39.14512
Nearby Similar for Sale
FAQs
What type of property is this?
Specialty property - Turnkey triplex in downtown Winchester with strong cash flow.
Where is this specialty property located?
The property is located at 540 MONTICELLO Street Winchester, VA.
What is the asking price?
The asking price for this property is $605,000.
What are key features of this property?
This property features: Turnkey triplex investment property with all units currently leased, providing immediate and reliable income.; Prime downtown Winchester location, commuter‑friendly with easy access to I‑81 and I‑66, and proximity to Northern Virginia.; Diverse unit mix: two 2‑bedroom units with updated finishes and laundry, plus a large 5‑bedroom unit with a unique two‑level layout and private outdoor space.
