Property Description

Discover your ideal haven on this expansive corner lot, situated in one of the most sought-after locales. Opportunities like this are rare! Currently, the property features a reliable tenant generating $3,300 monthly, amounting to $39,600 annually, with a lease in place until July 2025, ensuring stability and income.nnYour possibilities are endless: purchase the property as-is with the existing tenant, or envision building a stunning new three-level single-family home with a 2-car garage. Alternatively, consider the potential for four 2-bedroom rental units, which could yield an impressive $16,000 in monthly income. Newly constructed homes in this area can sell for between $2,500,000 and $3,200,000.nnThe seller is open to financing options for the right developer, making this an exceptional investment opportunity. If you’re considering a different vision, a 60- to 90-day notice for the tenant is negotiable. Don’t miss out on this chance to create your dream property—seize the moment!

Residential

1000 JANNEYS LANE ALEXANDRIA, 22302

  • Bedrooms : 3
  • Bathrooms : 2
  • Sqft: 1,655 Sqft
$1,300,000
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Basic Details
Listing Type : For Sale
Price : $1,300,000
Bedrooms : 3
Bathrooms : 2
Sqft : 1,655 Sqft
Status : Active
Agent info
Amber Williams
Contact Agent
RE/MAX Allegiance