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12020 Winfree St 4 Unit Apartment Building $888,894 CAD ($222,224 CAD/Unit) 7.50% Cap Rate Chester, VA 23831

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Investment Highlights

  • Income-Producing Investment Property
  • Opportunity to Subdivide
  • Close to Shopping and interstate Access
  • Opportunity to Add Value
  • Growing Chester Market

Executive Summary

4-Unit Renovated and Fully Occupied Multi-Family Investment Opportunity with a large, subdividable lot to build a SF home, conveniently located in a suburban neighborhood, just off Rt 10 W. Hundred Rd, at Thomas Dale High School, close to Chester Village, YMCA, national retail stores and apr 2.5mi to I-95, I-64 and Rt 288 access. Apartments are open, with hardwood floors, tall ceilings, modern kitchens and baths. There are (3) 2-bedroom units and (1) 1-bedroom unit, with separate electric meters and furnaces. NOI is apr $4,000/mon for 7.5% cap rate.

Financial Summary (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $888,894 CAD
Price Per Unit $222,224 CAD
Sale Type Investment
Cap Rate 7.50%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.75 AC
Building Size 2,500 SF
Average Occupancy 100%
No. Stories 2
Year Built 1915
Zoning R7 - R7 Semi-Urban Neighborhood Zoning allows 2 lots. 2nd lot can accomodate SF house by-right

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 3 $1,709 CAD 600 - 750
1+1 1 $1,470 CAD 600

Property Taxes

Property Taxes

Parcel Number
790-65-54-60-400-000
Land Assessment
$96,880 CAD (2025)
Improvements Assessment
$365,413 CAD (2025)
Total Assessment
$462,293 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 39621294

  • Date on Market: 2026-03-01

  • Last Updated:

  • Address: 12020 Winfree St, Chester, VA 23831

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