3812 13Th Street North Arlington, VA 22201

$2,090,000
0.26
Acres
3,072
SQFT
680
$/SQFT
$2,090,000
3,072   sf
$680 / sf
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CASH COW! This THREE UNIT property is located just four blocks from Ballston MU Metro Station!Gross rent is a whopping $140,280!Net Operating Income (NOI) is a stout $123,812.43!All three units are 1,000sf three bedroom, two full bathroom apartments.This property is being marketed for $2,090,000, providing an excellent 5.92% cap rate. This generational investment property underwent a full, extensive capex renovation in 2021, including three kitchen renovations, six bathroom renovations, new flooring, new systems, roof and other infrastructure. Located in a residential neighborhood on a massive .25ac (11,270sf) lot that provides 9+ off-street parking spaces.Totally turnkey with long-term leases in place.Unit A (lowest level) - 3-Bedroom 2 bathroom rented for $3,800/mo through 08/31/2026. Unit B – (middle level) - 3-Bedroom 2 bathroom rented for $3,800/mo through 01/31/2027.Unit C (upper level) - 2-bedroom 2 bathroom rented for $4,090/mo through 01/31/2027.If you're looking for a stable investment with tremendous cash flow and easy rentability, this is it! Financials available for serious inquiries. Contact Listing Agent, James P. Andors for details.Expenses (Insurance ($1,839.65), utilities ($2,931.28), taxes ($11,696.64) = $16,467.57NOI = $123,812.43

CASH COW! This THREE UNIT property is located just four blocks from Ballston MU Metro Station!Gross rent is a whopping $140,280!Net Operating Income (NOI) is a stout $123,812.43!All three units are 1,000sf three bedroom, two full bathroom apartments.This property is being marketed for $2,090,000, providing an excellent 5.92% cap rate. This generational investment property underwent a full, extensive capex renovation in 2021, including three kitchen renovations, six bathroom renovations, new flooring, new systems, roof and other infrastructure. Located in a residential neighborhood on a massive .25ac (11,270sf) lot that provides 9+ off-street parking spaces.Totally turnkey with long-term leases in place.Unit A (lowest level) - 3-Bedroom 2 bathroom rented for $3,800/mo through 08/31/2026. Unit B – (middle level) - 3-Bedroom 2 bathroom rented for $3,800/mo through 01/31/2027.Unit C (upper level) - 2-bedroom 2 bathroom rented for $4,090/mo through 01/31/2027.If you're looking for a stable investment with tremendous cash flow and easy rentability, this is it! Financials available for serious inquiries. Contact Listing Agent, James P. Andors for details.Expenses (Insurance ($1,839.65), utilities ($2,931.28), taxes ($11,696.64) = $16,467.57NOI = $123,812.43

  • Neighborhood
  • Type
  • County
    Arlington
  • Tax Amount
    $11,697
  • Status
    Upcoming
  • Listing #
    VAAR2073918
  • Built
    1961
  • Lot Size
    0.26
  • Listed on site
    1 day
  • Listing Agent Id
    121137092825

Listed by:
Keller Williams Realty

Source:
BRIGHT MLS

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Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool

Interior Features

  • Gas Oven

Style

  • Traditional
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