Under contract

3812 13TH St N, Arlington, VA 22201

Sqft
3,072

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKeller Williams Realty
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Overview

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

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
3,072
Lot size (acres)
0.26
Year built
1961

Exterior features

Horse amenities
Stable

Utilities

Heating
Natural Gas
Cooling
Ceiling Fans
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$11,697

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: VAAR2073918 Last checked:

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