NOT in MLS: 2 Level Detached Home in Alexandria VA (in Good Condition) for Only $449,900! That's $200K+ Below Renovated Comps!!

Alexandria VA 22306

The Numbers
Sale Price: $449,900
Needed Upgrades: $120,000
After Repair Value: $650,000
Spread: $200,000
Description of Home
Type: Detached Home
Bedrooms: 3
Bathrooms: 2
Levels: 2
Parking: Driveway
Square Feet Total: 1033+1033
Lot Size(Acres): .1197 acres
Sale Comps
8107 Brown Ct - Sold - $653,500
 
Rent Comps
3206 Shaw Park Ct - Rented - $3,200

Additional Information

WOW! This 3br, 2ba, 2 level split foyer detached home in Alexandria, VA is in good condition. It sits on a level .1197 acre lot with a shed. This home is in good condition and can be rented right away in its current condition. It major systems look to be fairly new (although I don't know the exact age of them). The home is in good enough condition to qualify for conventional financing, making it a HUGE OPPORTUNITY for 'owner occupant' type of buyer looking for BIG SWEAT EQUITY where they can move in now and update as they want. Its also a rare find for the buy/hold investors looking in that area. The home can be rented for ~$3,200/month once the home is renovated or just clean it up for a bit less. This home is also a great opportunity for the rehab investor looking for an easy rehab and BIG PROFIT. Similar sized homes in the area are selling for $650K+ renovated, but you can purchase this home for only $499,900. That's a $200K+ spread!! Hurry, this home in this location won't last! NOTE1: This home is currently occupied, but will be vacant by closing. Please respect the occupant's privacy and email us about arranging a time to see the home. Do NOT knock on the door to see the home or the occupants will take your name and you will be permanently removed from our email list.

Contact Person:

Greg Norman


Scan/Email contract to:

Greg@MyOffMarketHomes.com

Door Directions

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.