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About This Home

This 0-bedroom, 0-bathroom residential multi family at 540 MONTICELLO Street in WINCHESTER, VA is listed for $605,000 ($138 per sqft). Built in 1956, the home offers 4,396 sqft of living space on a 0.09 acres lot.

Agent Description

Welcome to 540 Monticello Street, a turnkey Multi-Unit Investment Opportunity in Prime Downtown Winchester Location! Presenting a Triplex in the heart of Downtown Winchester-a rare opportunity for investors seeking strong cash flow in a highly desirable and commuter-friendly location.

Just minutes from I-81 and I-66, and less than an hour from Northern Virginia, this property offers convenience, charm, and long-term value. The building features two 2-Bedroom, 1-Bath Units - Each offers large Kitchens, updated finishes, and their own Laundry Rooms.

One of the units is ground level, and the other 2nd-Level unit has access to its own deck space. The largest unit of the three features two finished levels, connected with an interior staircase, 5-Bedrooms, 2 Full Baths, 2 Living Rooms, a Full kitchen, Laundry, and access to it's own private patio & deck.

It's a unique two-level layout, perfect for multi-tenants and/or premium rental rates. Recent renovations throughout the last few years include: Luxury vinyl plank (LVP) flooring, fresh paint, and updated kitchens and baths Newer appliances in each unit The roof less than 3 years old New HVAC installed (2025) Designated parking for all units With a

ll units currently leased, this is a true turnkey investment with reliable income and minimal immediate maintenance needs. This well-maintained building features three fully occupied units, bringing in a current gross annual rental income of $45,300. Whether you're looking to grow your portfolio or occupy a unit while renting the others, or the potential for a short-term rental, this property checks all the boxes!

Key Features

  • Built in 1956
  • 0.09 acre lot
  • 5 parking spaces

Property Details

5 spaces
1956

Monthly Cost Estimate

$3,236/mo

20% down · 6.5% · 30 years

Principal$438
Interest$2,622
Insurance$176

Estimates only. Actual payments may vary.

Location

540 MONTICELLO Street

WINCHESTER, VA 22601

Features & Amenities

Interior Features

2nd KitchenAdditional StairwayBathroom - Tub ShowerBreakfast AreaCarpetCombination Dining/LivingDining AreaEntry Level BedroomFamily Room Off KitchenKitchen - Eat-InKitchen - Table Space

Property Details

Construction

HardiPlank Type

Parking

DrivewayAssigned

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Appliances

DishwasherMicrowaveOven/Range - ElectricWasher/Dryer Hookups OnlyWaterHeater

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 540 MONTICELLO Street is listed at $605,000 ($138/sqft). The estimated monthly payment is $2,622 based on 20% down at 6.5% interest.

Key features include: Built in 1956, 0.09 acre lot, 5 parking spaces. Interior Features: 2nd Kitchen, Additional Stairway, Bathroom - Tub Shower.

This property is listed by Laura King and can be reached at 5404098683 or laura@mympr.com.

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LK

Laura King

Agent at MarketPlace REALTY

(540) 409-8683

Listed by MarketPlace REALTY

MLS# VAWI2009974· Source: listhub· Updated 52 days ago

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.

540 MONTICELLO Street, WINCHESTER, VA 22601

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