1000 JANNEYS LANE, Alexandria, VA 22302

$1,300,000 Asking Price

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 $3,200,000. 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!

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

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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