UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,184 sqft
Price per Sqft $434
Subdivision Westover
MLS Listing ID VAAR2058702
Year Built 1941
Annual Tax Amount $17,770
Tax Year 2024
Lot Size 0.293 Acres
Acres 0.29
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
This solid brick building includes eight (8) 1-bedroom, 1-bath units and one (1) spacious 2-bedroom, 1-bath unit in one of Northern Virginia's most stable rental markets. Seven of the nine units are currently rented, providing immediate cash flow with room to increase rents through both turnover and building improvements.
Recent capital improvements include a brand new roof (2025), giving buyers peace of mind and reduced maintenance costs. A coin-operated laundry is conveniently located on the lower level for tenant use, offering an additional optional revenue stream (currently outsourced).
Situated in an unbeatable location just a 10-minute walk to East Falls Church Metro (Orange/Silver Line) or 1.5 miles to Ballston metro and steps from major bus routes, this property offers exceptional transit access. Tenants enjoy a walkable lifestyle with nearby amenities like Westover Beer Garden, The Italian Store, Lost Dog Café, Ayers Hardware, and the Westover Library just blocks away. The W&OD Trail and Bluemont Park are also nearby, appealing to outdoor enthusiasts.
With rents currently under market, there's immediate value-add potential both through raising existing rents and further updating unit interiors. Don't miss this exceptional investment in a neighborhood known for low vacancy, high demand, and lasting value. Contact us today for financials and showings.
Location
State VA
County Arlington
Zoning RA14-26
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Ceiling Fan(s), Window Unit(s)
Flooring Wood
Heat Source Oil
Exterior
Garage Spaces 3.0
Water Access N
Roof Type Rubber
Accessibility None
Total Parking Spaces 3
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Cardinal
Middle Schools Swanson
High Schools Yorktown
School District Arlington County Public Schools
Others
Tax ID 09-066-015
Ownership Fee Simple
SqFt Source Assessor
Security Features Main Entrance Lock
Acceptable Financing Cash, Conventional, Negotiable, Seller Financing
Listing Terms Cash, Conventional, Negotiable, Seller Financing
Financing Cash,Conventional,Negotiable,Seller Financing
Special Listing Condition Standard
