UPDATED:
11/07/2024 04:41 PM
Key Details
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,588 sqft
Price per Sqft $601
Subdivision Elan Mews
MLS Listing ID VAFX2187678
Style Contemporary
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Fees $295/qua
HOA Y/N Y
Abv Grd Liv Area 1,588
Originating Board BRIGHT
Year Built 1974
Annual Tax Amount $5,647
Tax Year 2024
Lot Size 2,541 Sqft
Acres 0.06
Property Description
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
Location
State VA
County Fairfax
Zoning 213
Rooms
Basement Daylight, Full, Fully Finished
Interior
Hot Water Electric
Heating Forced Air
Cooling Ceiling Fan(s), Central A/C, Heat Pump(s)
Fireplaces Number 1
Fireplace Y
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Fairfax County Public Schools
Others
Senior Community No
Tax ID 0711 27 0062
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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