Rare opportunity to acquire a sweat-equity property on over half an acre in the heart of Fairfax City with no HOA. This is the kind of asset investors and savvy buyers look for: strong fundamentals, desirable location, and clear value-add potential.
The home offers an easy path to a 4-bedroom configuration. Two rooms have been combined and can easily be closed off again. Significant upside by finishing the basement and completing cosmetic updates to create immediate equity. The property is fully livable as-is, allowing flexibility for hold, renovate, or live-in flip strategies.
A brand-new basement drainage system, new basement windows, and a new basement door were just completed reducing future risk and upfront costs.
Sold strictly as-is. Large lot, no HOA restrictions, and a central Fairfax City location make this a compelling value-add play with multiple exit strategies. Priced below assessed value. Opportunities like this with land, location, and upside are increasingly hard to find. Some photos have been virtually staged.
Deadline for offers if there is further interest: Monday at 9am.