540 Monticello Street Winchester, VA 22601

Property Photo: 540 Monticello Street VA 22601

Listing Courtesy of: BRIGHT IDX / Marketplace Realty

540 Monticello Street Winchester, VA 22601

Active (6 Days)

$605,000 ^(USD)

4,396

SQFT

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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 bathsNewer appliances in each unitThe roof less than 3 years oldNew HVAC installed (2025)Designated parking for all unitsWith all 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!

MLS #:
VAWI2009348

Taxes
$3,670(2025)

Lot Size
3,999 SQFT

Type
Multifamily

Year Built
1956

Style
Other

School District
Winchester City Public Schools

Listed By

Laura King, Marketplace Realty

Source
BRIGHT IDX
Last checked Oct 29 2025 at 11:50 AM GMT+0000

Bathroom Details

Interior Features

Dining Area
Dishwasher
Microwave
Water Heater
Kitchen - Eat-In
Washer/Dryer Hookups Only
Oven/Range - Electric
Entry Level Bedroom
Breakfast Area
Family Room Off Kitchen
Walls/Ceilings: Dry Wall
Kitchen - Table Space
Combination Dining/Living
2nd Kitchen
Carpet
Additional Stairway
Bathroom - Tub Shower

Lot Information

Road Frontage

Property Features

Above Grade
Below Grade
Foundation: Slab

Heating and Cooling

Heat Pump(s)

Flooring

Laminated
Carpet
Laminate Plank

Exterior Features

Vinyl Siding
Hardiplank Type
Roof: Architectural Shingle

Utility Information

Utilities: Cable Tv Available, Multiple Phone Lines
Sewer: Public Sewer
Fuel: Electric

School Information

Elementary School: Call School Board
Middle School: Call School Board
High School: Call School Board

Parking

Paved Driveway
Assigned

Living Area

4,396 sqft

Location

Map View | Street View

Listing to Address

Address to Listing

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Disclaimer: Copyright 2025 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/29/25 04:50

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Contact Us:

1682 S. Pleasant Valley Road, Winchester, VA 22601

info@premiermove.com

800.835.0811

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