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.
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Listing Snapshot
Bedrooms
6
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Inside Area (SqFt)
2,964 sqft
Lot Size
0.11 Acres
Year Built
1960
MLS® Number
VAAR2064662
Status
Sold
Property Tax
$10,171
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
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Recent Activity
4 days ago
Listing updated with changes from the MLS®
General Features
Acres
0.11
Foundation
Concrete Perimeter
Number Of Stories
3
Parking
AsphaltOff StreetOn StreetPrivateDriveway
Parking Spaces
4
Property Sub Type
Duplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2080
SqFt Below
884
SqFt Total
3260
Style
Colonial
Utilities
Natural Gas AvailableSewer AvailableWater AvailableElectricity Available
Water Source
Public
Zoning
R15-30T
Interior Features
Appliances
RangeGas RangeGas OvenGas Water HeaterBuilt-In RangeDishwasherDisposalDryerRange HoodRefrigeratorStainless Steel Appliance(s)Washer
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