$699,500

208 North Kent St listed. But 208 N. Kent Street and 210 N Kent St are both for sale as one Four Unit Apartment under this listing. Incredible investment opportunity in the heart of Winchester VA - the fastest growing city in Virginia. You could own a completely renovated, turnkey-ready, fully rented and income producing 4-unit apartment building in Downtown Historic Winchester. Located just steps from the historic George Washington Hotel, fantastic restaurants, shops and entertainment, and only two blocks from the Winchester Pedestrian Mall, this vibrant, thriving, and highly desirable area draws young professionals, families, and retirees alike. Each 2 bedroom/1 bath apartment features a renovated kitchen with new appliances, cabinets and granite countertops, new bathrooms with floor-to-ceiling tile, and new floors throughout. All four units have separately metered central heat natural gas furnaces and separately metered electric hot water heaters. Two units have new central air conditioning. Washer and dryers are located within two units, and a washer and dryer facility is located on premises to serve the remaining two units. Extensive building renovations and improvements have occurred since 2016 including: Metal roof painted and building exterior painted in 2023 New five car, off-street parking lot completed in 2023 Apartment 1 renovation completed 2022, washer/dryer in unit, central heat and air Apartment 2 renovation completed 2017, new carpet 2023, washer/dryer in unit, central heat, window air Apartment 3 renovation completed 2022, washer/dryer onsite, central heat and air Apartment 4 renovation completed 2016, washer/dryer onsite, central heat, window air New city water and sewage lines installed 2016 New plumbing and electrical installed throughout entire building in 1990 Four new hot water heaters installed in 2021 Two new central heat and air conditioners installed in 2022 This beautiful apartment building is located within an Opportunity Zone and is zoned B1 for business opportunities. Opportunities abound for additional revenue generation: Expand existing building or build additional on-site structures to increase number of apartments or add a storefront business Convert building to condominium units Equalize rents to market rate Convert onsite laundry to coin operated laundry Monetize off street parking spaces Viewing by appointment only.