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ATTENTION INVESTORS!! *** You will want to check out this fantastic opportunity - with a history of POSITIVE CASH FLOW these two ADJACENT PROPERTIES on a combined total of 1.91-acres in Winchester, just minutes from Valley Health Campus, shopping, restaurants and Rt. 37, may be what you are looking for! *** These two parcels are to be sold TOGETHER; they are not offered separately, and all for a package deal at $499,000! *** 386 Round Hill Road sits on 1.51 acres and consists of 3 UNITS - 2 units are on the main level and one unit is on upper level... each unit has 2 BR, 1 BA, a Living area, Kitchen and laundry hook-up area, and this building totals approximately 2736 SF). Unit 2 is a bit bigger with some additional bonus rooms. *** 402 Round Hill Road is approximately 1008 SF and features 2 BR, 1 BA, Living Room, formal Dining Room, Kitchen and laundry area (with hook-up only); this property sits on 0.40-acre and includes a covered back porch and the detached garage. *** Tenants pay utilities. Each unit is separately metered. Each parcel has its own well and septic system. *** All current tenants would love to stay; 402 is currently leased, and two of the three units at 386 are currently leased. *** Contact listing agent for information on individual lease terms and rental rates.
DAYS ON MARKET | 1 | LAST UPDATED | 5/25/2025 |
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TRACT | NONE AVAILABLE | YEAR BUILT | 1950 |
GARAGE SPACES | 2.0 | COUNTY | FREDERICK |
STATUS | Active | PROPERTY TYPE(S) | Single Family |
School District | FREDERICK COUNTY PUBLIC SCHOOLS |
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ADDITIONAL DETAILS | |
AIR | Ceiling Fan(s), Electric, Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Cooktop, Electric Water Heater, Refrigerator |
CONSTRUCTION | Aluminum Siding, Vinyl Siding |
GARAGE | Yes |
HEAT | Baseboard, Electric |
INTERIOR | Ceiling Fan(s) |
LOT | 1.51 acre(s) |
LOT DESCRIPTION | Few Trees |
PARKING | Garage, Driveway, Detached |
POOL DESCRIPTION | None |
SEWER | Septic Tank |
STORIES | 2 |
STYLE | Bi-level, Other |
SUBDIVISION | NONE AVAILABLE |
TAXES | 1437 |
WATER | Well |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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