1 month on rocket

1006 Franklin St, Winchester, VA, 22601

$199,000

Home List Price

$2,363*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
2,284 SqFt
$87/SqFt
Townhouse

Location

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1006 Franklin St, Winchester$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOff Street, Driveway
Year Built1975
HeatingBaseboard
CoolingAttic Fan
ViewCity, Garden, Trees/Woods
MLS #VAWI2006106
Lot Size0.21 Acres
StatusActive
(ACTIVE)

About 1006 Franklin St

$199 k offered per unit both unit together offered at $398 k since they are under one parcel and one tax bill and one water meter and gas. SELLER OFFERS CLOSING COST ASSISTANCE ATTRACTIVE DEAL TO INVESTOR OR New INVESTOR or First TIME BUYER, PLEASE schedule VISIT online, or call agent, Two identical units “Duplex” WHERE EACH UNIT IS END UNIT Townhouses, currently One UNIT IS Vacant AND available to view, EACH unit is about 1146 sq ft SIZE with 2 LEVELS, 3 bedrooms and 2 bathrooms and average Rent EARNS $1450-$1500 PER MONTH/UNIT for the current year, EARNING ALMOST 9-10% cap rate or MORE cash on cash Return, HERE first time buyer can use one Unit and enjoy rental income for 2nd unit $18k/yr OR RENT BOTH UUNITS AND EARN Annual Rental income $35 k/year, IT'S SINGLE PARCEL and Very close to BEAUTIFUL Winchester CITY DOWNTOWN, Rt-7 and I-81 exit 315, LESS THAN 1 MILE TO VRE+ commuter lot and on connecting Interstate Highways of many state VA-MD-WV-DC-TN-NJ and 1 HOUR DRIVE TO CAPITOL OF NATION, LURAY AND SHENADOH VALLEY STATE PARK Shenandoah UNIVERSITY, Hot Downtown Location and shopping centers, MALL and restaurants. 45 minutes drive to Leesburg AND via freeway Rt-7 to greenway. 267 TOLL ROAD takes to TYSON CORNER AND DC METRO AREA PLUS MANY WINERIES AND HISTORICAL PALCES ,close to Martinsburg casino and Shenandoah Medical College and many industrial factories and car warehouses., NATIONS HEAD OFFICE OF FEMA, AMAZONS WAREHOUSES AND TRACK COMPOSITE FACTORY , ALSO CURRENT MANAGEMENT COMPANY IS available to manage FOR investor, showing available for vacant unit and it’s identical UNITS SIDE BY SIDE (Duplex) and RENOVATED RECENTLY , Beautiful 2 level Townhome WITH 3 BEDROOM UPSTAIR WITH FULL SIZE BATHROOM AND living -Dining kitchen on main Floor with 1/2 bath, Recently Installed NEW waterproof Lamination Floor. Freshly Painted., Baseboard heat, and four to five economical Window AC. and huge backyard with BBQ Little Deck area and Spacious front yard with 2 car Parking Concrete pads for each unit. It’s Duplex where Each Corner Unit offered at 199,000, price , total $398k for these two units Tenants pays water, sewage, trash, renter's insurance, gas, electric, internet and grass cut while landlord pays pest control, ($360/annum), property tax ($1123 per unit =$2246 and property Insurance $650 and Average repairs and maintenance $1745/annum for both units Landlords income $36,000 and expenses are about $5000 Net income after all expenses are $31,000 per year

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1975
  • Stories: 2
  • Living Area: 2,284 SqFt

Listing Office:

  • Office Name: First American Real Estate
  • Office Phone: (703) 628-1947
  • Listing Agent: Ramesh Beladia

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove, Exhaust Fan, Water Heater
  • Basement: No
  • Flooring Type: Ceramic Tile, Laminated, Vinyl
  • Interior: Attic, Dining Area, Floor Plan - Traditional

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: City, Garden, Trees/Woods
  • Exterior: Exterior Lighting, Play Area, Satellite Dish, Sidewalks

Parking Information:

  • Parking: Off Street, Driveway

Lot Features

Lot Information:

  • Lot: Trees
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Attic Fan

School Info

Assigned Schools Information:

  • John Handley High School, Public District Grades 9-12
  • Daniel Morgan Middle School, Public District Grades 5-8
  • Garland R. Quarles Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Rt-7 Berryville Ave, make left ON ELM St, Left on Franklin St, 1008 to your left with driveway parking,From I-81 S Exit 315 winchester city, merge on Rt.7 (Berryville Ave) Follow above

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $87/SqFt
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Housing Market Comparison

See how this home compares to others in Winchester, VA.

Med. Sold Price

$385.6K

Med. Price/SqFt

$204

Avg. Days On Market

26

# of Sold Homes

92

1006 Franklin St vs Winchester

49 DAYS ON ROCKET

+23 Days

$199,000

-$186.6K Less

$87/SqFt

-$118 Less

KEY TAKEAWAY

This property is $186.6K less than the Median Sold Price and $118/SqFt less than other homes in Winchester, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VAWI2006106

Listing Office:

  • Office Name: First American Real Estate
  • Office Phone: (703) 628-1947
  • Listing Agent: Ramesh Beladia

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/16/2024, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2321858
3
/10
  • Garland R. Quarles Elementary School

  • 1310 S Loudoun St

  • 1.52 miles

  • Public District Grades PK-4

Middle School

school-card-donut-2321859
5
/10
  • Daniel Morgan Middle School

  • 48 S Purcell Ave

  • 0.37 miles

  • Public District Grades 5-8

High School

school-card-donut-2321860
3
/10
  • John Handley High School

  • 425 Handley Blvd

  • 1.64 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,625. Typical income of Winchester, VA residents is less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1006 Franklin St

What is the listing price of this property?

The listing price of 1006 Franklin St property is $199,000.

What type of property is this?

The property 1006 Franklin St is a townhouse located in Winchester, Virginia, 22601.

Is this property for sale now?

Active Listing: 1006 Franklin St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1006 Franklin St are:
Garland R. Quarles Elementary School: GreatSchools Rating 3/10
Daniel Morgan Middle School: GreatSchools Rating 5/10
John Handley High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 1006 Franklin St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1006 Franklin St is 2,284 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1006 Franklin St is 1975.

Rocket HomesVirginiaWinchester226011006 Franklin St

This home is located at 1006 Franklin St in Winchester, VA and zip code 22601. This 2,284 square foot home, which was built in 1975, sits on a 0.21 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $199,000.

In August 2024 more than 22 listings in Winchester, VA were sold above the asking price. During the same period more than 36 listings were sold at asking price, while more than 34 were sold below. Between July 2024 and August 2024, Winchester, VA real estate market has seen increase in the number of listings by 9.5%. Listings spent 26 days on the market in August 2024, and had a median list price of $385,628 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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