NOT in MLS: 3Lvl End Unit Townhouse Del Ray Section of City of Alexandria VA, Walking Distance to Metro, for only $599,900! That's $250K+ Below Renovated Comps!
503 E Alexandria Ave Unit A Alexandria VA 22301
| Sale Price | |
| Sale Price: | $599,900.00 |
| Estimate Repairs: | $110,000.00 |
| After repair value: | $850,000.00 |
| Equity Potential: | $140,000.00 |
| Description of Home | |
| Type: | Townhome |
| Bedrooms: | 2 |
| Bathrooms: | 1 |
| Levels: | 3 |
| Parking: | Street |
| Square Feet Total: | 918+344 |
| Lot Size(Acres): | .07 |
| Sale Comps | |
| 572 E Nelson Ave - Sold - $855,000.00 | |
| 422 E Nelson Ave - Sold - $837,500.00 | |
Additional Information
HOT LOCATION! This end unit 3 level townhouse in the Del Ray section of the City of Alexandria VA is a rare find. Amazing location, walking distance to Metro, restaurants, and easy access to bike paths, new VA Tech facility and Amazon Headquarters. Its an end unit of a 'twin'/semi-detached section of homes. It has a good sized fenced backyard. The home has 2br 1ba upstairs. The unfinished basement is high enough for it to be finished and turned into a 3br 2ba home. This home pretty much needs everything. The electrical is a mess. The roof is not old, but has a small leak somewhere. The upstairs is practically a bio-hazard. Masks are HIGHLY recommended when entering this home and you may want to burn your clothes once you leave! :-) This is NOT the kind of home for an owner occupant looking for a deal (until it is renovated). But there is plenty of spread to bring this home back to life! and PROFIT BIG TIME!! Similar homes in the area are selling for $850K+, but you can purchase this home for only $599,900. That's a $250K spread!! Hurry, this opportunity will not last!
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.