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.

Similar Homes

Message

Interested in this home?

Request more information: