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Key Details
Sold Price $1,010,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,948 sqft
Price per Sqft $518
MLS Listing ID VAAR176708
Sold Date 03/31/21
Style Traditional
HOA Y/N N
Abv Grd Liv Area 1,948
Originating Board BRIGHT
Year Built 1955
Annual Tax Amount $7,811
Tax Year 2020
Lot Size 5,550 Sqft
Acres 0.13
Property Description
Marcus & Millichap Real Estate Investment Services, Inc. and D.S.A Properties & Investments LLC. are pleased to present the opportunity to acquire a 3-unit, apartment building in the heart of Arlington. Ideally located in the Cherrydale neighborhood of North Arlington, this asset is poised to capture the benefits of a booming rental market and Amazon HQ2 growth. This property consists of 2 units with 2 bedrooms/1 full-bath and 1 unit with 1 bedroom/1 full-bath. Each unit features individual heating and cooling. Note-the current ownership has a master lease with an Airbnb provider that generates $5,400 per month. This lease expires in June 2021 and new ownership will have the option to end or renew the lease.
Location
State VA
County Arlington
Zoning R-5
Rooms
Basement Other
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Arlington County Public Schools
Others
Tax ID 06-011-013
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Todd Lee • KW Metro Center