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Mark Novak

[email protected] +1(410) 449-7770

Listed by David Cabo • Keller Williams Realty

$ 1,498,000

Est. payment -/mo

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Price Dropped by $50K

1138 N STAFFORD ST Arlington, VA 22201

6 Beds

3 Baths

2,964 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,964 sqft

Price per Sqft $505

Subdivision Ballston

MLS Listing ID VAAR2064788

Style Colonial

Bedrooms 6

Full Baths 3

HOA Y/N N

Abv Grd Liv Area 2,080

Year Built 1960

Annual Tax Amount $9,779

Tax Year 2024

Lot Size 5,000 Sqft

Acres 0.11

Property Sub-Type Detached

Source BRIGHT

Property Description

Fantastic opportunity to own a well-maintained multifamily building with a Total Rental Income of $100,200 Per Year and The cap rate for this property is estimated at a strong 5.76% . These units are separately metered and the tenants pay the Electricity Directly. Situated about 3 BLOCKS FROM THE BALLSTON METRO, this property offers dependable rental income and strong tenant demand thanks to its close proximity to Ballston, with Ballston Quarter and its shopping and restaurants. Quincy Park is only a couple of blocks away. The two upper units each have 2 bedrooms, and have been thoughtfully updated with renovated bathrooms and kitchens (2024) with: new quartz countertops, new stainless steel GE appliances, and fresh paint throughout. The 2 bedrooms in the basement unit have also been renovated, painted, and have new LVP floor and updated bathrooms and kitchen areas, with quartz, etc. Outside, the common area features a large deck and 4 off-street parking spots.

Location

State VA

County Arlington

Zoning R15-30T

Rooms

Basement Daylight, Full, Full, Fully Finished, Improved, Heated, Interior Access, Outside Entrance, Partially Finished, Rear Entrance, Side Entrance, Sump Pump, Walkout Stairs, Windows, Other

Main Level Bedrooms 2

Interior

Interior Features 2nd Kitchen, Bathroom - Tub Shower, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Floor Plan - Open, Kitchen - Gourmet, Window Treatments, Wood Floors, Other

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Equipment Built-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Conditioner - Owned, Water Heater

Furnishings No

Fireplace N

Appliance Built-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Conditioner - Owned, Water Heater

Heat Source Natural Gas

Laundry Basement, Common, Dryer In Unit, Has Laundry, Washer In Unit, Shared

Exterior

Exterior Feature Deck(s)

Garage Spaces 4.0

Utilities Available Natural Gas Available, Electric Available, Sewer Available, Water Available

Water Access N

Accessibility Other

Porch Deck(s)

Total Parking Spaces 4

Garage N

Building

Story 3

Foundation Concrete Perimeter

Above Ground Finished SqFt 2080

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Ashlawn

Middle Schools Swanson

High Schools Washington Lee

School District Arlington County Public Schools

Others

Senior Community No

Tax ID 14-023-013

Ownership Fee Simple

SqFt Source 2964

Horse Property N

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

10

McKinley Elementary School

Public | PK - 5
10

Stoddert Elementary School

Public | PK - 5
9

Jamestown Elementary School

Public | PK - 5
9

Arlington Traditional

Public | PK - 5
9

Taylor Elementary School

Public | PK - 5
9

Key Elementary School

Public | PK - 5
8

Chesterbrook Elementary School

Public | KG - 6
8

Nottingham Elementary School

Public | PK - 5
8

Campbell Elementary School

Public | PK - 5
8

Arlington Science Focus

Public | PK - 5
7

Ashlawn Elementary School

Public | PK - 5
6

Glebe Elementary School

Public | PK - 5
6

Long Branch Elementary School

Public | PK - 5
6

Patrick Henry Elementary School

Public | PK - 5
6

Charles Barrett Elementary School

Public | PK - 5
6

Hoffman-Boston Elementary School

Public | PK - 5
5

Carlin Springs Elementary School

Public | PK - 5
5

Drew Model Elementary School

Public | PK - 5
5

Francis Scott Key Elementary School

Public | PK - 5
5

Oakridge Elementary School

Public | PK - 5

Middle Schools 8

8

Hardy Middle School

Public | 6 - 8
7

Williamsburg Middle School

Public | 6 - 8
7

Swanson Middle School

Public | 6 - 8
6

Gunston Middle School

Public | 6 - 8
5

Kenmore Middle School

Public | 6 - 8
5

Thomas Jefferson Middle School

Public | 6 - 8
0

The Lab School of Washington

Private | 7 - 12
0

The Field School

Private | 6 - 12

High Schools 8

9

Ellington School of the Arts

Public | 9 - 12
7

Yorktown High School

Public | 9 - 12
5

Washington-Lee High School

Public | 9 - 12
4

Stuart High School

Public | 9 - 12
4

Wakefield High School

Public | 9 - 12
1

Arlington Mill High School

Public | 9 - 12
0

Tech. Education & Career Center

Public | 9 - 12
0

Georgetown Visitation Preparatory School

Private | 9 - 12

School and business data provided by Attom Data.

Mark Novak

Team Leader | CCRL531341

+1(410) 449-7770

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Baltimore, MD

Mark Novak

1138 N STAFFORD ST Arlington, VA 22201

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

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1138 N STAFFORD ST