This home just sold. Curious what yours could fetch?
Your neighbors are cashing in. With our 1.5% listing fee you keep significantly more — serving VA, DC, MD & WV.
Bought with Maria C Sison • Realty ONE Group Capital
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,850,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,178 sqft
Price per Sqft $582
Subdivision Ballston
MLS Listing ID VAAR2071500
Sold Date 06/01/26
Style Traditional
Abv Grd Liv Area 2,178
Year Built 1960
Available Date 2026-04-15
Annual Tax Amount $12,715
Tax Year 2025
Lot Size 5,007 Sqft
Acres 0.11
Property Sub-Type Detached
Source BRIGHT
Property Description
CASH COW! This FOUR UNIT property is located just two blocks from Ballston MU Metro Station! Gross rent is a whopping $138,840! Net Operating Income (NOI) is a stout $118,393! Two 3-bedroom units, One 1-bedroom unit and One efficiency unit. This property is being marketed for $1,890,000, providing an amazing 6.26% cap rate. Property underwent a substantial and extensive Capex in 2021, including kitchen renovations, bathroom renovations, flooring, systems, roof and other infrastructure. Totally turn key with long-term leases in place. Off-street parking for three cars, PLUS a detached two-car garage!
Unit 1 - 3-Bedroom middle-level unit rented for $3,800/mo through 08/31/2026. Includes renovated kitchen, renovated bathroom, in-unit laundry and is approximately 1,089sf.
Unit 2 - 3-Bedroom upper-level rented for $3,900/mo through 06/30/2026. Includes renovated kitchen, renovated bathroom, in-unit laundry and is approximately 1,089sf.
Unit 3 - Efficiency, lower level unit rented for $1,320/mo through 03/01/2027. Includes modest kitchen and is approximately 400sf.
Unit 4 -1-Bedroom lower-level unit currently marketed for $2,200/mo. Includes renovated kitchen with bar island and SS appliances, renovated bathroom and in-unit laundry and is approximately 600sf.
If you're looking for a stable investment with tremendous cash flow and easy rentability, this is it! Financials available for serious inquiries.
Location
State VA
County Arlington
Zoning R15-30T
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Luxury Vinyl Plank, Ceramic Tile
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Garage - Front Entry
Garage Spaces 5.0
Water Access N
Roof Type Architectural Shingle
Accessibility None
Total Parking Spaces 5
Garage Y
Building
Foundation Other
Above Ground Finished SqFt 2178
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Ashlawn
Middle Schools Swanson
High Schools Washington-Liberty
School District Arlington County Public Schools
Others
Tax ID 14-023-011
Ownership Fee Simple
SqFt Source 3178
Special Listing Condition Standard
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Seller Net Proceeds
See What You'd Walk Away With
If Your Home Sold for a Similar Price
Adjust the sale price below to match your home's estimated value. See exactly how much more you keep with our 1.5% listing fee vs. the traditional 3%.
$11,250
Extra in your pocket
That's how much more you keep by listing with The Jamil Brothers at 1.5% vs. a traditional 3% listing agent — on this sale price.
Estimates only. Closing costs vary by transaction. Buyer's agent commission is negotiable.
We Sell Homes Like This Every Day.
Ready to sell yours? The Jamil Brothers charge just 1.5% — Northern Virginia's most trusted team with 500+ five-star reviews across VA, DC, MD & WV.
Saad Jamil
(703) 782-4830Arslan Jamil
(571) 621-5413840+
Homes Sold
$500M+
Sales Volume
500+
5-Star Reviews
1.5%
Listing Fee
Nearby Locations
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