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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

Multi-Family Property with SUBDIVIDABLE lot to build a single family home by-right, or another multi-family property (with approvals). This location is convenient to Rt 10 W. Hundred Rd, at Thomas Dale High School, across from Chester Village, YMCA, national retail stores and apr 2.5mi to I-95, I-64 and Rt 288 access. The roof is 3 was replaced 3 years ago and windows were replaced 1 year ago. All kitchens and bathrooms are modern. Apartments are open, with natural light, hardwood floors and tall ceilings. There are 4 units: (3) 2-bedroom units and (1) 1-bedroom units with separate electric meters and furnaces. Landlord pays utilities, except internet. $35,885 NOI

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 $890,500 CAD
Price Per Unit $222,625 CAD
Sale Type Investment
Cap Rate 5.52%
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
No. Stories 2
Year Built/Renovated 1915/2023
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 $1,576 CAD 700
1+1 1 $1,387 CAD 600
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
790-65-54-60-400-000
Land Assessment
$98,147 CAD (2025)
Improvements Assessment
$370,193 CAD (2025)
Total Assessment
$468,340 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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