Remarks

This building is a solid investment opportunity, especially with its prime corner location, dual access points, and strong visibility. Here’s a summary of the key financial aspects for potential investors:

Total Rental Income: $120,000/year
Annual Expenses:
HOA: $1,560/year ($130/month)
Property Taxes: $10,800/year
Total Expenses: $12,360/year
Net Operating Income (NOI): $107,640/year ($120,000 - $12,360)
The property’s corner position and high visibility can be a major selling point for investors looking to attract and retain tenants.

Details

MLS#: VAFX2212412
Price: $1,299,000

Year Built: 1981

County: FAIRFAX
Tax Fee: 10807.0