This building is a solid investment opportunity, especially with its prime corner location, dual access points, and strong visibility. Here’s a summary of the key financial aspects for potential investors:
Total Rental Income: $120,000/year
Annual Expenses:
HOA: $1,560/year ($130/month)
Property Taxes: $10,800/year
Total Expenses: $12,360/year
Net Operating Income (NOI): $107,640/year ($120,000 - $12,360)
The property’s corner position and high visibility can be a major selling point for investors looking to attract and retain tenants.
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Listing Snapshot
Price
$1,299,000
Days On Site
67 Days
Bedrooms
N/A
Inside Area (SqFt)
2,200 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1981
MLS® Number
VAFX2212412
Status
Active
Property Tax
$10,807
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
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