Description
Rare opportunity to buy a gorgeous downtown Winchester mixed use property. The current owner completely and meticulously renovated the property in 2002 and it remains in excellent Condition! At the entrance to the southern end of Winchester's Historic Olde Town Walking Mall, the building has a total of seven units, comprised of 5 fully remodeled residential apartments and 2 commercial units. Parking is abundant and only steps away, as is many restaurants and other retail options. Fully occupied, ideal for long-term investors! Full renovation included all new Mechanical, Electrical, Plumbing and utility upgrades and a new roof in 2017. All apartments have AC/Heat pump/Mini Splits. Commercial Space can be 2 separate units, current tenant occupies both spaces. Both units have new AC/Heat Pumps (2018). The buildings historical status allows for lower real estate taxes. The existing commercial tenant is well known business and has been in business for years, residential units are always occupied with waiting lists. Total square feet approximately 7247. The sales price is $1,450,000!
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School Information
Description
Rare opportunity to buy a gorgeous downtown Winchester mixed use property. The current owner completely and meticulously renovated the property in 2002 and it remains in excellent Condition! At the entrance to the southern end of Winchester's Historic Olde Town Walking Mall, the building has a total of seven units, comprised of 5 fully remodeled residential apartments and 2 commercial units. Parking is abundant and only steps away, as is many restaurants and other retail options. Fully occupied, ideal for long-term investors! Full renovation included all new Mechanical, Electrical, Plumbing and utility upgrades and a new roof in 2017. All apartments have AC/Heat pump/Mini Splits. Commercial Space can be 2 separate units, current tenant occupies both spaces. Both units have new AC/Heat Pumps (2018). The buildings historical status allows for lower real estate taxes. The existing commercial tenant is well known business and has been in business for years, residential units are always occupied with waiting lists. Total square feet approximately 7247. The sales price is $1,450,000!
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