bedrooms |
full baths
2,964 SQFT
0.11 ACRES
Year Built: 1960
ACTIVE UNDER CONTRACT
Fantastic opportunity to own a well-maintained multifamily building with a Total Rental Income of $100,200 Per Year and an estimated CAP Rate at a strong 5.76%. These units are separately metered and the tenants pay the Electricity Directly. Situated about 3 BLOCKS FROM THE BALLSTON METRO, this property offers dependable rental income and strong tenant demand thanks to its close proximity to Ballston, with Ballston Quarter and its shopping and restaurants. Quincy Park is only a couple of blocks away. The two upper units each have 2 bedrooms, and have been thoughtfully updated with renovated bathrooms and kitchens (2024) with: new quartz countertops, new stainless steel GE appliances, and fresh paint throughout. The 2 bedrooms in the basement unit have also been renovated, painted, and have new LVP floor and updated bathrooms and kitchen areas, with quartz, etc. Outside, the common area features a large deck and 4 off-street parking spots.
Property Details
MLS #
VAAR2064662
Property Type
Multi-Family
Listing Status
ACTIVE UNDER CONTRACT
Listing Price
$1,498,000
Year Built
1960
Lot Acreage
NA
Subdivision
BALLSTON
City
ARLINGTON
County
ARLINGTON
Water Source
Public
Sewer
Public Sewer
Zoning
R15-30T
Exterior Details
Home Type
Detached
Style
Colonial
Parking
Driveway
On Street
Off Street
Interior Details
Interior Space
2964 sq ft
Heating
Natural Gas -
Cooling
Electric - Central A/C
Hot Water
Natural Gas
Appliances
Dishwasher
Disposal
Dryer
Range hood
Refrigerator
Washer
Flooring
Hardwood
Luxury Vinyl Plank
Wood
Basement
Daylight, Full,Connecting Stairway,Fully Finished,Improved,Heate
Accessibility Features
Other
Financial Details
County Tax
$10,171.00
Refuse Fee
$0
Special Tax Assessment
$0
Tax Year
2025
Total Assessment
$984,600
Total Taxes
$10,171
School Information for Arlington County Public Schools
Elementary Middle School High School
ASHLAWN SWANSON WASHINGTON-LIBERTY
Listing Courtesy of
Listing Office
Keller Williams Realty
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Listings provided by Bright MLS from various brokers who participate in IDX (Internet Data Exchange). Information deemed reliable but not guaranteed.

Joan Stansfield, RealtorĀ®
Stansfield Signature LLC
Samson Properties
8521 Leesburg Pike, Ste 300
Tysons Corner 22182
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