Unique investment opportunity in one of Northern Virginia’s most desirable rental markets! Or rare chance to convert this property back into a single family dwelling!
This historic 1900 multi-family apartment building is located in the heart of Old Town, with convenient access to major commuter routes and public transportation and features two charming residential apartments on three levels. The first-floor apartment is currently vacant with 1 bedroom 1 bath. The second-floor apartment features 2 bedrooms, 1 bath on two levels and is under lease until 9/30/26. With functional floor plans, hardwood floors throughout, spacious living/dining rooms, stainless steel appliances, washer/dryer in each unit as well as storage in the basement and a shared rear brick enclosed patio, these apartments are sought after by today’s long-term tenants.
The property is sold as-is! Seller discloses existing issues with sewer system. The property is priced according to include sewer repairs as well as possibly needed updates. Attached is more information along with a proposal from a reputable company to resolve the sewer issue.
Whether you’re expanding your investment portfolio or seeking to occupy a home with an added stable rental income, this Alexandria property presents a rare opportunity for long-term growth. For additional financials, rent roll information, contact the listing agent today.
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Listing Snapshot
Price
$1,100,000
Days On Site
110 Days
Bedrooms
2
Inside Area (SqFt)
2,385 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.04 Acres
Year Built
1900
MLS® Number
VAAX2061996
Status
Active
Property Tax
$14,850
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
Invite
Recent Activity
a month ago
Listing updated with changes from the MLS®
2 months ago
Status changed to Active
4 months ago
Listing first seen on site
General Features
Acres
0.04
Foundation
Other
Parking
On Street
Property Sub Type
Duplex
Security
Smoke Detector(s)Fire Escape
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2385
SqFt Total
2385
Style
Colonial
Water Source
Public
Zoning
RM
Interior Features
Appliances
Electric RangeElectric OvenWasherGas Water HeaterDishwasherDisposalRefrigeratorStainless Steel Appliance(s)Water HeaterWasher/Dryer StackedMicrowave
Basement
UnfinishedInterior Entry
Cooling
Central AirWindow Unit(s)Electric
Flooring
WoodHardwoodCeramic TileVinyl
Furnished?
None
Heating
Natural GasForced Air
Interior
Recessed LightingBuilt-in FeaturesCrown MoldingSoaking Tub