Excellent value-add opportunity in Alexandria with nearly 2,000 square feet, strong comparable sales, and solid upside for investors looking to flip or hold as a rental 📈
This 1972-built single-family home features 3 bedrooms, 2 bathrooms, 1,980 sq ft, an attached garage, and sits on a 11,979 sq ft lot.
Property Condition: Primarily a Level 2 renovation with kitchen updates and cosmetic improvements. The home offers a strong layout and solid square footage with excellent value-add potential.
🔧 Property Features:
- Roof — Garage replaced in 2023; house roof age unknown 🏠
- Ceiling cable heat 🔥
- Window A/C with capability for central air ❄️
- Water Heater — Approximately 2 years old 🚿
- Mixed newer and original windows 🪟
- Crawl space foundation 🧱
- Attached garage 🚗
- No HOA
💵 Estimated Market Rent: Approximately $1,900/month
With nearly 2,000 square feet, a desirable 3-bedroom/2-bath layout, strong nearby sales, and a projected ARV of $300,000, this property presents an attractive investment opportunity with excellent upside for both flippers and buy-and-hold investors. 🔑💸
Comps:
- 1608 S Harrison St – Sold for $277,500
- 18 S Fairway Dr – Sold for $325,000