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About the Listing KWR21 - 3049033
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) - 3-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) = $16,467.57 NOI = $123,812.43
Listing Highlights
Status
Active With Contingency
Days on Site
18
Property Type
Multi-Family
MLS ®
VAAR2073918
Year Built
1961
Total Square Footage
3,072
Lot/Acreage
0.26
County
Arlington
Neighborhood
Virginia Square
School District
Arlington County Public Schools
Elementary School
Arlington Science Focus
Middle School
Dorothy Hamm
High School
Washington-Liberty
Interior Details
- Bedrooms: 9
- Bathrooms: 6 Full
- Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless, Water Heater
- Air Cond: Ceiling Fan(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2048
- Below Ground Sq Ft: 1024
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 9
- Zoning: R-5
- Roof:
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $11,697
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
3812 13th St N Arlington, VA 22201
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