If you're looking for a great investment opportunity in Winchester, here it is:

3 bedrooms, 1 bath

2,181 finished square feet

The City of Winchester's tax assessment for this property for 2015 is $146,900 and Zillow's current estimate of its value is $178,880.  

If you'd like to see pictures and a video walk-through of the property, please click here:  

This historic property has served as the home of a high-end gift/antique business in recent decades and could easily serve that purpose again, but I think it's highest and best use would be to restore it to a residence.  For the most part, the house is in very nice condition, as-is.  It's relatively large, including 2,181 finished square feet on three levels, with beautiful, historic wide plank hardwood floors, extensive decorative moldings and built-in shelving.

The needed work includes some repair to the exterior wood siding and the metal roof needs painting.  Beyond that, earlier this year a valve broke in the second floor bathroom, allowing water to penetrate through to the first floor where the drywall ceiling partially collapsed.  The valve was immediately replace and everything dried and all that remains is the drywall work needed to the first floor ceiling.  Also, if this house is to be restored to a residence, work will be needed in the kitchen, which had previously been converted to suit the antique business that occupied it the property.

If you have any questions, or would like to see the property for yourself, please contact me.  We are offering the house at such a steep discount to bring a quick sale.  You won't find this deal listed anywhere else.

Regards,

Paul Bush

Bush Real Estate Investments, LLC

540-987-6040