NOT in MLS: 3br 2ba 3Level Home on HUGE .3574 Acre Lot in Falls Church VA for only $649,900! That's $350K+ Below Renovated Comps! (NOT a Short Sale or Foreclosure!)
2314 Great Falls St. Falls Church VA 22046
| Sale Price | |
| Sale Price: | $649,900 |
| Estimate Repairs: | $200,000 |
| After repair value: | $1,000,000 |
| Equity Potential: | $150,000 |
| Description of Home | |
| Type: | Detached Home |
| Bedrooms: | 3 |
| Bathrooms: | 2.5 |
| Levels: | 3 |
| Parking: | Driveway |
| Square Feet Total: | 1368+basement |
| Lot Size(Acres): | .3574 acres |
| Sale Comps | |
| 615 Lincoln Ave (New Construction) - Sold - $1,495,000 | |
| 511 Great Falls St - Sold - $1,069,000 | |
Additional Information
INVESTOR AND/OR BUILDER ALERT!! This 3 level, 3br, 2.5ba, home gives investors and builders loads of options. It sits on a HUGE .3574 acre lot that can NOT be subdivided, but it would give a builder a high visibility, easy to resell lot, where you could design the house to face either Great Falls St or Woodland Dr. Also, great for someone looking to build their dream home as its well located 1.6 miles from Metro & less than a mile from downtown Falls Church (but the home does NOT sit within city limits). New construction homes are selling in the area for $1.475M+, giving you plenty of 'spread' to work with. This home also great for a rehabber or owner occupant that wants to renovate the existing home to keep some of the charm the home has. Renovated homes in the area are selling for $1M+. More if you decide to expand the home. But you can purchase this home for only $649,900, which is $350K+ below renovated comps in the area! Hurry, an opportunity in this location doesn't come around often! Note: The HVAC unit in the home does NOT convey (but new electrical panel does).
Disclosures
All information, including figures, are provided in good faith, but are not guaranteed to be accurate. Buyers should conduct their own due diligence. We are not agents and this is not a pocket listing. We are under contract with the title holder and considered principals in the transaction. Anyone attempting to contact the title holder will be viewed as intentional interference with a contract and legal action may be brought against you. Additionally, you will be permanently removed from our mailing list and the mailing list of other major wholesalers in the area.