Are you tired of looking at deals in northern Virginia with low cap rates and high interest rates? Well look no further! This single family detached home in south Arlington is a landlords dream. The owner will entertain subject to offers. With the current loan balance at roughly $500K and the asking price of $700K, a buyer could take over the sellers mortgage and reap the benefits of a 3.75% with 5 years already off of the loan, saving them several hundred thousand dollars over time.
This property needs a full cosmetic rehab, giving the buyer a chance to get cash flow and have equity after repairs are made.
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Listing Snapshot
Price
$700,000
Days On Site
92 Days
Bedrooms
6
Inside Area (SqFt)
1,880 sqft
Total Baths
4
Full Baths
4
Partial Baths
N/A
Lot Size
0.16 Acres
Year Built
1946
MLS Number
VAAR2079720
Status
Active
Property Tax
$8,412
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
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