$ 164,990
-
$164,990
Price -
1
Bed -
1
Bath -
707
SqFt
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About the Listing RMAX786 - 3058662
🔥PRICE LEADER IN WOODBRIDGE –About $20k BELOW THE NEAREST COMP! 🔥 Welcome to 12701 Lotte Dr, Unit 301! This is the lowest-priced 1-bedroom condo in the area, priced specifically for an investor or a savvy buyer looking to build immediate sweat equity. Top floor gem is available at $165,000** for a fast, "as-is" settlement. THE OPPORTUNITY: This 3rd-floor corner unit features 707 sq ft of living space open floor and a private balcony with open views. The condition is solid but dated—primarily requiring cosmetic updates including new flooring, fresh paint, and a refresh of the kitchen and bathroom. This is a "base-hit" project with an estimated After Repair Value (ARV) of $200k+. THE INVESTOR "GOLDMINE": Stop worrying about rising utility costs! The monthly condo fee covers ALL UTILITIES (Electricity, Gas, and Water). For a landlord, this ensures predictable monthly expenses and exceptional cash-on-cash returns. Solid & Strong Rent comps are as high as $1750 a month. KEY FEATURES: Privacy: Top-floor location (3rd level) means no neighbors walking above you. Outdoor Living: Private balcony for morning coffee or evening air. Convenience: Reserved parking and on-site laundry facilities. Location: Prime Woodbridge location—quick access to I-95, Route 1, Occoquan Historic District water front , shopping, and dining. TERMS & CONDITION: Selling 100% AS-IS. While the unit is ready for your cosmetic touch, the high-ticket items are already handled: the A/C system is only 2 years old, and the appliances (including dishwasher) are in excellent working condition. With a successful history as a long-term rental, this property is a proven performer. Perfect for a buyer looking for a low-risk project with high-reward potential!
Listing Highlights
Status
Active
Days on Site
15
Property Type
Condo
MLS ®
VAPW2113830
Year Built
1968
Total Square Footage
707
Lot/Acreage
N/A
County
Prince William
Building Name
OCCOQUAN RIDGE CONDO
Neighborhood
Occoquan Ridge Condo
HOA Dues
601.21/Monthly
School District
Prince William County Public Schools
Elementary School
Occoquan
Middle School
Fred M. Lynn
High School
Woodbridge
Interior Details
- Bedrooms: 1
- Bathrooms: 1 Full
- Appliances: Dishwasher, Disposal, Cooktop, Refrigerator
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor: Laminate Plank
- Above Ground Sq Ft: 707
- Below Ground Sq Ft: 0
- Basement:
- Other: Breakfast Area,Combination Dining/Living,Dining Area,Efficiency,Entry Level Bedroom,Family Room Off Kitchen,Flat,Floor Plan - Open,Kitchen - Country,Kitchen - Island,Primary Bath(s),Walk-in Closet(s),Cats OK,Dogs OK,Pets Allowed,Main Floor Bedrooms: 1
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 1
- Zoning: R16
- Roof:
- Others: Exterior Lighting,Sidewalks,Street Lights,Average,Pool - Outdoor,Laundry Facilities,Air Conditioning,Common Area Maintenance,Electricity,Gas,Heat,Insurance,Lawn Care Front,Lawn Care Rear,Management,Pest Control,Road Maintenance,Sewer,Snow Removal,Trash,Water
- Sewer: Public Sewer
- Parking Features: Assigned,Parking Lot,1+ Spaces
Financial Details
- Tax Amount: $1,881
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
12701 Lotte Dr Unit 301 Woodbridge, VA 22192
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