Courtesy: RE/MAX Allegiance
Discover your ideal haven on this expansive corner lot, situated in one of the most sought-after locales. Opportunities like this are rare! Currently, the property features a reliable tenant generating $3,300 monthly, amounting to $39,600 annually, with a lease in place until July 2025, ensuring stability and income. Your possibilities are endless: purchase the property as-is with the existing tenant, or envision building a stunning new three-level single-family home with a 2-car garage. Alternatively, consider the potential for four 2-bedroom rental units, which could yield an impressive $16,000 in monthly income. Newly constructed homes in this area can sell for between $2,500,000 and $3,200,000. The seller is open to financing options for the right developer, making this an exceptional investment opportunity. If you re considering a different vision, a 60- to 90-day notice for the tenant is negotiable. Don t miss out on this chance to create your dream property seize the moment!
VAAX2033244
Residential - Single Family, Colonial, 2 Story
3
2 Full
1938
ALEXANDRIA CITY
0.33
Acres
Public Water
2
Public Sewer
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Data Provided by Data Labs®
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
Data Provided by Walk Score®
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Data Provided by ATTOM Data®
Arrows indicate 90 day trend
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