Courtesy of Kevin Bender, LPT Realty, LLC fred.bates@lptrealty.com
Property Description
Details Property Type: Multi-Residential Cap Rate: 4.0% Pro-Forma Cap Rate: 5.568% NOI: $38,173 Pro-Forma NOI: $53,173 Marketing Description Amazing Investment Opportunity! Income producing property. There are two levels and a lower level to the home. The second level has the master bedroom ensuite with a new bathroom and custom shower, plus double sink vanities, custom closet assembly, an additional second closet, and a private balcony. There are two adjacent bedrooms and a new bathroom. The first level is where we have the kitchen. It has luxury furnishings including stainless steel appliances, wooden floors, and granite countertops. The kitchen features electric cooking and plenty of storage cabinets and large pantries. There’s a large living room/family room and dining room (hardwood floors), with access to the deck. A half bath is also available for guests. The laundry also has a washer and dryer set with more storage space. The lower level is the rec room with a fireplace and a beautiful new bathroom. The neighborhood is great–quiet–and the neighbors are very friendly. We are 5 minutes away and centrally located allowing access to 495, 395, and 95 interstates. Metro is here within walking distance, Unbelievable location inside the beltway, close to interstates, shopping, restaurants & public trans (Metro). making commuting to D.C. more convenient. Investment Highlights Tenant Paid Heat; HVAC Tenant Paid Hot Water Tenant Paid Central Air Conditioning Tenant Paid Water and Sewer Tenant Paid Electric
Open House
Property Details and Features
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Basement
- Daylight
- Full
- Fully Finished
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Bathrooms
- 4 total bathrooms
- 1 bathroom on all lower levels
- 2 bathrooms on all upper levels
- 3 full bathrooms
- 1 half bathroom
- 1 half bathroom on main level
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Bedrooms
- 3 bedrooms on upper levels
- 4 bedrooms
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Building
- 1,588 sqft living area
- 1,588 sqft above grade (finished)
- Built in 1974
- Structure Type: End of Row/Townhouse
- 2 levels
- Contemporary
- T-1-11
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Cooling
- Central Air
- Electric
- Ceiling Fan(s)
- Central A/C
- Heat Pump(s)
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Fireplaces
- 1 fireplace
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Foundation
- Concrete Perimeter
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Heating
- Electric
- Forced Air
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Home Owner’s Association
- HOA Fee: $295
- Fee Freq: Quarterly
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Listing
- 73 days on market
- $601 per sqft
- Property SubType: Townhouse
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Location
- County: Fairfax
- Subdivision: Elan Mews
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Lot
- 2,541 sqft
- 0.06 acres
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Property
- Other Structures: Above Grade,Below Grade
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Schools
- School District: FAIRFAX COUNTY PUBLIC SCHOOLS
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Sewer
- Public Sewer
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Taxes
- City/Town Tax Pymnt Freq: Annually
- County Tax: $5,484
- County Tax Pymnt Freq: Annually
- Tax Annual Amount: $5,647
- Tax Year: 2024
-
Utilities
- Hot Water: Electric
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This content last updated on September 19, 2024 5:02PM.