About This Home
This 0-bedroom, 0-bathroom residential multi family at 3812 13TH Street N in Arlington, VA is listed for $2,090,000 ($680 per sqft). Built in 1961, the home offers 3,072 sqft of living space on a 0.26 acres lot.
Key Features
- Built in 1961
- 0.26 acre lot
- 9 parking spaces
Property Details
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
Monthly Cost Estimate
$11,178/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3812 13TH Street N
Arlington, VA 22201
VIRGINIA SQUARE
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 3812 13TH Street N is listed at $2,090,000 ($680/sqft). The estimated monthly payment is $11,178 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1961, 0.26 acre lot, 9 parking spaces.
This property is listed by James P Andors and can be reached at 7032031117.