3
beds
2
baths
1,655
sqft
Built in
1938
Discover your ideal haven on this expansive corner lot, situated in one of the most sought-after locales. Opportunities like this are rare! Currently, the property features a reliable tenant generating $3,300 monthly, amounting to $39,600 annually, with a lease in place until July 2025, ensuring stability and income.
Your possibilities are endless: purchase the property as-is with the existing tenant, or envision building a stunning new three-level single-family home with a 2-car garage. Alternatively, consider the potential for four 2-bedroom rental units, which could yield an impressive $16,000 in monthly income. Newly constructed homes in this area can sell for between $2,500,000 and $3,600,000.
The seller is open to financing options for the right developer, making this an exceptional investment opportunity. If you’re considering a different vision, a 60- to 90-day notice for the tenant is negotiable. Don’t miss out on this chance to create your dream property—seize the moment!
-
Listing Status:
-
Active
-
Date Added:
- April 20, 2024
—
366 days ago
-
Listing Office:
-
RE/MAX Allegiance, Sebrin Adem (703-225-8292)
-
Office Phone:
-
703-237-9500
-
MLS ID:
-
VAAX2033244
Features & Amenities
Interior
- General:
- Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Window Treatments, Wood Floors
- Rooms:
- Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Bathroom 1, Bathroom 2
- Laundry:
- Basement
- Basement:
- Daylight, Partial, Outside Entrance, Unfinished
- A/C:
- Central A/C
- Heating:
- Y, Forced Air, Natural Gas
- Fireplace:
- Mantel(s), Fireplace, Fireplaces: 1
- Disability Feature:
- None
Exterior
- General:
- Sidewalks, Above Grade, Below Grade
- Style:
- Colonial
Construction
- Roofing:
- Rubber, Slate
- Windows:
- Wood Frame
- General:
- Masonry, 2, Brick/Mortar, Crawl Space
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- ALEXANDRIA CITY PUBLIC SCHOOLS
- County:
- ALEXANDRIA CITY
Lot
- Zoning:
- R 12, 17339000
- Fencing:
- Partially
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
RE/MAX Allegiance, Sebrin Adem
Monthly Payment
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
*Your actual payment may vary based on your unique situation.
$--- Est. Payment
-
$--- BAH
=
$--- Remaining
About Alexandria, VA
Housing
- Number of Units
- 159,458
- Median Home Value
- $546,166
- Median Rent
- $1,670
47.47%
of
housing units are renter occupied.
4.82% are vacant.
Commute
- Car
-
49.56%
- Public Transportation
-
10.74%
- Walk to Work
-
1.73%
- Work from Home
-
36.60%
- Other
-
0.75%
The median travel time to work is
22 minutes.
People
- Population
- 343,664
- Median Age
- 38.00
- Median Household Size
- 2.59
Education
- High School
-
13.45%
- Associate’s Degree
-
6.06%
- Bachelor’s Degree
-
29.77%
- Graduate Degree
-
29.98%
Disclaimer: Community and Demographic information uses data from the U.S.
Census Bureau
but is not endorsed or certified by the Census Bureau.
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