NOT LISTED FOR SALE
-- Bed
-- Bath
7,038 Sq Ft
9,139 Sq Ft Lot

Last Sold August 31, 2013

Last sale price $1,210,000 $172 Per Sq Ft

Highlights

  • 0.21 Acre Lot
  • Property is in very good condition
  • 1-minute walk to LeBosquet at Sunnyside
  • Forced Air Heating System
  • En-Suite Bathroom

About This Home

As of August 2013

RARE OPPORTUNITY TO OWN 100% OCCUPIED MULTI-FAMILY APARTMENT BUILDING IN THE HEART OF ALEXANDRIA. MINUTES FROM DC VIA I-395N / S. GLEBE ROAD. THIS PROPERTY OFFERS AN OUTSTANDING OPPORTUNITY FOR STABILIZED CASH FLOW AN APPRECIATION. PROPERTY BEING SOLD FOR LESS THAN APPRIASED VALUE.

Last Agent to Sell the Property

Arthur Nachman

(703) 437-1327 arthur.nachman@longandfoster.com Long & Foster Real Estate, Inc. License #0225047178 Listed on: 07/05/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Arthur Nachman

(703) 437-1327 arthur.nachman@longandfoster.com Long & Foster Real Estate, Inc. License #0225047178 Listed on: 07/05/2013

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,117

Year Built

  • Built in 1940

Lot Details

  • 9,139 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Hip Roof Shape
  • Brick Exterior Construction
  • Asbestos Shingle Roof

Parking

  • Free Parking
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Gas Oven or Range
  • En-Suite Bathroom

Listing and Financial Details

  • The owner pays for accounting/legal, advertising/licenses and permits, insurance, management, repairs, real estate taxes, all utilities
  • Tax Lot 12
  • Assessor Parcel Number 16317000

Community Details

Overview

  • Property has a Home Owners Association
  • 12 Units

Building Details

  • Operating Expense $82,916
  • Net Operating Income $68,534

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,117

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Oven/Range - Gas
  • Interior Amenities: Master Bath(s)
  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 170.50

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Hip, Asbestos Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA: No

Lot Info

  • Improvement Assessed Value: 580000.00
  • Land Assessed Value: 780000.00
  • Lot Size Acres: 0.21
  • Lot Size Area: 9139
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9139.00
  • Property Condition: Very Good
  • Zoning: RA
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Accounting/Legal, Advertising/Licenses And Permits, Insurance, Management, Repairs, Taxes - Real Estate, All Utilities
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18278878
  • Tax Annual Amount: 14116.80
  • Assessor Parcel Number: 16317000
  • Tax Lot: 12
  • Tax Year: 2013

Multi Family

  • Gross Income: 156750.00
  • Metering: Electric Separate
  • Operating Expense: 82916.00

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2013 08/31/13 Sold $1,210,000 +0.8% $172 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
07/05/2013 07/05/13 For Sale $1,200,000 -- $171 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003605916

Bright MLS