2605 N PERSHING DR new to site

Arlington,VA 22201

$ 1053000

- Bed

- Bath

3132 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,132 sqft

Price per Sqft $336

Subdivision Lyon Park

MLS Listing ID VAAR2061984

Style Colonial

Year Built 1957

Annual Tax Amount $11,135

Tax Year 2025

Lot Size 4,611 Sqft

Property Sub-Type Detached

Property Description

Prime Multi-Family Investment Opportunity. Fully leased 2-unit garden-style building in sought after Lyon Park. Excellent upside - ideal for owner occupancy with additional rental apartment. Potential for added value in upgrading and expanding the lower-level to create a large combined 2-floor unit, or modernize the existing units, for added value to bring the rent up to market rate. Currently leased below comps in the neighborhood. Consisting of two residential apartments – each with approx. 1,044 SF, 2 bedrooms, 1 bathroom, galley kitchen, carpet flooring, and central HVAC. Amenities include 2 off-street parking spaces, on-site laundry room, basement storage, walk-up attic storage and shared backyard. Recent updates - roof (2020), HVAC and hot water heaters (2015). The property has been under the same family ownership for over 45 years. Just minutes to the Pentagon, Amazon HQ2, Washington DC, Reagan National Airport and 4 blocks to Clarendon Metro Station. Listed at Arlington County Tax Assessment value of $1,053,000. Sold in As-Is condition.

Location

State VA

County Arlington

Zoning R-5

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Carpet

Equipment Stove,Refrigerator

Exterior

Garage Spaces 2.0

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

Water Access N

Roof Type Asphalt

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Long Branch

Middle Schools Jefferson

High Schools Washington-Liberty

School District Arlington County Public Schools

Others

Special Listing Condition Standard

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