Multifamily Property with Additional
2978 Valley Ave Winchester, VA 22601
New
2978 Valley Ave, Winchester, VA, 22601
$650,000
For Sale
$650,000
Site includes five rental units plus an adjacent 0.429-acre parcel with public water and sewer access.
Property Size2,358 SF
Lot Size1.15 Acres
Price / SF$275.66
Days on Market2
Property Features for 2978 Valley Ave
General Information
- Standard status
- Active
- Size
- 2,358 SF
- Lot size
- 1.15 Acres
Building Details
- Year Built
- 1970
Listing agency
Oakcrest Commercial Real Estate
(540) 504-0787
Listed by
H. Paige Manuel · License #0225023519
Source
Kandorre
Added: Jul 21 Updated: Jul 22 at 12:34PM Checked: Jul 22 at 12:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Oakcrest Commercial Real Estate
Investment Insights
Based on property information with market context.
The offering combines an existing rental property and an adjacent land parcel. The 2978 Valley Avenue property includes five rental units currently producing approximately $4,000 in gross monthly revenue. Separately, the 2970 Valley Avenue parcel is 0.429 acres and could support a used car lot setup with enough area to display for 30 cars.
The 2970 Valley Avenue site has public water and sewer available, expanding its utility for flexible outdoor use. The combined properties are identified as totaling 1.15 acres, and the ownership structure allows for potential ground leasing of both parcels for $6,000 per month.
For tenants and buyers, the configuration provides immediate residential income from the existing units while also maintaining an outdoor land component suitable for display-oriented use.
The 2970 Valley Avenue site has public water and sewer available, expanding its utility for flexible outdoor use. The combined properties are identified as totaling 1.15 acres, and the ownership structure allows for potential ground leasing of both parcels for $6,000 per month.
For tenants and buyers, the configuration provides immediate residential income from the existing units while also maintaining an outdoor land component suitable for display-oriented use.
Key Highlights
- 0.429‑acre site at 2970 Valley Avenue with public water and sewer available
- 2978 Valley Avenue features 5 rental units producing approximately $4,000 gross monthly revenue
- Adjacent parcels totaling 1.15 acres listed together at $1,350,000
Property Analytics
Location Intelligence
Current Use by Public Records
Parking lots & garages
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Site includes five rental units plus an adjacent 0.429-acre parcel with public water and sewer access.
Where is this apartment building located?
The property is located at 2978 Valley Ave Winchester, VA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 0.429‑acre site at 2970 Valley Avenue with public water and sewer available; 2978 Valley Avenue features 5 rental units producing approximately $4,000 gross monthly revenue; Adjacent parcels totaling 1.15 acres listed together at $1,350,000
