Introducing Winchester 9, a rare multifamily offering in the heart of Winchester, TN. This portfolio includes two charming buildings—a 5-unit and a 4-unit—located directly across the street from one another at 700 & 701 N High Street. Built in 1908, these vintage properties have been heavily renovated between 2024–2025, blending classic architecture with modern interiors.
Totaling 9 units and over 7,000 square feet, the portfolio offers a diverse unit mix and is currently 89% occupied. Investors will appreciate the strong in-place income, vacancy upside, and potential for increased rents based on market comps.
Recent Improvements:
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Full interior renovations in 7 out of 9 units
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Updated flooring, finishes, kitchens, and baths
Key Features:
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Street parking available for all units
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Strong rental demand in the area with local employers driving consistent occupancy
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Plenty of curb appeal and vintage character with modern upgrades
Seller Financing Available:
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$300,000 down payment
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$499,000 financed at 4% interest
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30-year amortization, ~$2,380/month P&I
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2-year balloon – Ideal bridge to long-term financing
This is an excellent opportunity to acquire a stabilized, cash-flowing asset with upside potential and flexible terms.