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MULTI_FAMILY - Other - ARLINGTON, VA

CASH COW! This FOUR UNIT property is located just two blocks from Ballston MU Metro Station! Gross rent is a whopping $138,840! Net Operating Income (NOI) is a stout $118,393! Two 3-bedroom units, One 1-bedroom unit and One efficiency unit. This property is being marketed for $1,890,000, providing an amazing 6.26% cap rate. Property underwent a substantial and extensive Capex in 2021, including kitchen renovations, bathroom renovations, flooring, systems, roof and other infrastructure. Totally turn key with long-term leases in place. Off-street parking for three cars, PLUS a detached two-car garage! Unit 1 - 3-Bedroom middle-level unit rented for $3,800/mo through 08/31/2026. Includes renovated kitchen, renovated bathroom, in-unit laundry and is approximately 1,089sf. Unit 2 - 3-Bedroom upper-level rented for $3,900/mo through 06/30/2026. Includes renovated kitchen, renovated bathroom, i...

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Source:First Street

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Source: ListHub, MLS# VAAR2071500
Listing status: Active
Listing last updated: April 15, 2026 at 3:37 PM
Listing last checked: April 22, 2026 at 4:30 AM
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