Courtesy of Sebrina Adem, RE/MAX Allegiance sebrinadem@gmail.com
Property Description
Discover your ideal abode on this expansive lot nestled in one of the most coveted locales. Rarely do parcels of this magnitude surface. This property, a corner jewel, currently hosts a tenant who contributes $3,300 monthly, totaling $39,600 annually. Their lease extends until July 2025, ensuring stability. Your options abound: You can buy this as is with a tenant or construct a brand new single-family residence spanning three levels with a 2-car garage, or explore the potential for (4) 2-bedroom units, promising a lucrative $16,000 monthly income as a rental asset. Brand new homes can sell for $2,500,000-$2,900,000.Envision your masterpiece; the seller is open to financing for the right developer. Seize this chance – your dream awaits. For the right price offer 60-90day notice for tenants is possible.
Open House
Property Details and Features
-
Property Access
- Black Top
-
Basement
- Daylight
- Partial
- Outside Entrance
- Unfinished
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Bathrooms
- 2 total bathrooms
- 1 bathroom on all upper levels
- 2 full bathrooms
- 1 full bathroom on main level
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Bedrooms
- 2 bedrooms on upper levels
- 3 bedrooms
- 1 bedroom on main level
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Building
- 1,655 sqft living area
- 1,380 sqft above grade (finished)
- 275 sqft below grade (finished)
- Built in 1938
- Structure Type: Detached
- Wall & Ceiling Types: Plaster Walls
- 3 floors in unit
- 2 levels
- Colonial
- Masonry
-
Cooling
- Central Air
- Electric
- Central A/C
-
Doors
- Six Panel
-
Exterior Features
- Sidewalks
-
Fence
- Partially
-
Fireplaces
- 1 fireplace
- Mantel(s)
-
Foundation
- Brick/Mortar
- Crawl Space
-
Garage
- 1 garage space
-
Heating
- Natural Gas
- Forced Air
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Interior Features
- Dining Area
- Entry Level Bedroom
- Floor Plan – Traditional
- Window Treatments
- Wood Floors
-
Laundry
- Basement
-
Listing
- 141 days on market
- $942 per sqft
- Property SubType: Single Family Residential
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Location
- County: Alexandria City
- Location Type: Suburban
- Subdivision: College Park
-
Lot
- 14,325 sqft
- 0.33 acres
- Trees/Wooded
- Partly Wooded
-
Property
- Other Structures: Above Grade,Below Grade
-
Roof
- Rubber
- Slate
-
Schools
- School District: ALEXANDRIA CITY PUBLIC SCHOOLS
- High School: ALEXANDRIA CITY
-
Sewer
- Public Sewer
-
Taxes
- Tax Annual Amount: $809,427
- Tax Year: 2023
-
Utilities
- Hot Water: Natural Gas
-
Windows
- Wood Frame
Property Map
Street View
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This content last updated on September 7, 2024 5:02PM.