Listing IDVAAX2011860
Sold For$1,725,000
Price/SqFt$269.82
StatusCLOSED
Sold Date7/01/2022
SqFt
7,038
Acres
0.190
CountyAlexandria City
SubdivisionSUNNYSIDE
Year Built1940
Property TypeCommercial Sale
Property Sub TypeFive Or More Units
Great opportunity to own a income producing apartment building. Located in an area heavily populated with renters this building is convenient to public transportation, restaurants, shopping, Reagan National Airport, Amazon, Potomac Yards, 395 and the Pentagon.
County
Alexandria City
Price/SqFt
269.82
Property Sub Type
Five Or More Units
Property Type
Commercial Sale
Subdivision
SUNNYSIDE
Year Built
1940
Zoning
RA
Building Total SqFt Source
Estimated
Central Air
no
Cooling Type
Window Unit(s)
Flooring Type
Ceramic Tile, Vinyl
Heating
yes
Heating Type
Other
Building Units Total
12
Car Parking Spaces
12
Construction Materials
Block, Brick
Cooling Fuel
Electric
Fencing
N
Foundation Details
Block, Brick/Mortar
Heating Fuel
Electric
Hot Water
Natural Gas
Lot Size Source
Assessor
Lot Size Units
Square Feet
New Construction
no
Parking Features
Unassigned
Road Responsibility
City/County
Road Surface Type
Black Top
Roof
Tar/Gravel
Sewer Septic
Public Sewer
Tidal Water
no
Total Garage and Parking Spaces
12
Type of Parking
On Street
Utilities
Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Water Access
no
Water Oriented
no
Water Source
Public
Water View
no
Building Name
SUNNYSIDE
Country
US
In City Limits
yes
Location Type
Urban
Transportation
Bus Stop less than 1 mile, Airport less than 10 miles, Metro/Subway Station 1 to 3 miles, Commuter Rail Station 1 to 5 miles
Views
Street
Waterfront
no
Zoning Description
Multi Family Zone
Accessibility Features
None
Base Off Market Date
2022-07-02T00:00:00+00:00
Business Type
Apartment Building
Days on Market
19
Historic
no
Land Use Code
32
Municipal Trash
no
Potential Tenancy
Multiple
Property Condition
Average
Property Manager
N
Property Use
Investment
Year Assessed
2021
Year Built Source
Assessor
Acceptable Financing
Cash, Conventional
Annual Gross Expense
61100
Association Recreation Fee
N
Automatically Update Tax Values
yes
Buyer Financing
Cash, Conventional
Common Area Maintenance
5300
Electric Expense
455
Fuel Expense
2550
Gross Income
150000
Gross Scheduled Income
150000
Ground Rent Exists
no
Income Includes
Apartment Rentals
Lease Considered
no
Net Operating Income
69000
Net SqFt
7038
Operating Expense
61100
Operating Expense Includes
Electric, Insurance, Landscaping, Management Fees, Pest Control, Repair/Maintenance, Sewer, Snow Removal, Trash, Water
Ownership Interest
Fee Simple
Possession
Settlement
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
18624
Tax Assessed Value
1742079
Tax Lot
11
Tax Year
2021
Total Actual Rent
150000
Vacancy Allowance Rate
10
Vacation Rental
no
Listing courtesy of HomeFirst Realty 5712412184
© 2024 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of HomeFirst Realty. Data last updated on Thursday, March 28th, 2024 01:42:41 AM.
© 2024 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of HomeFirst Realty. Data last updated on Thursday, March 28th, 2024 01:42:41 AM.
Contact - Listing ID VAAX2011860
Michael Gailliot
5990 Kingstowne Towne Center
Alexandria, VA 22315
Phone: 571-485-0070
Phone Alt: 571-722-3413
Data services provided by IDX Broker