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Listed by Sebrin Adem • RE/MAX Allegiance

$1,300,000

Est. payment - /mo

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3 Beds

2 Baths

1,655 SqFt

Active

1000 JANNEYS LN Alexandria, VA 22302

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,655 sqft

Price per Sqft $785

Subdivision College Park

MLS Listing ID VAAX2033244

Style Colonial

Bedrooms 3

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,380

Year Built 1938

Annual Tax Amount $809,427

Tax Year 2023

Lot Size 0.329 Acres

Acres 0.33

Property Sub-Type Detached

Source BRIGHT

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.

Your 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 $3,600,000.

The 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!

Location

State VA

County Alexandria City

Zoning R 12

Rooms

Other Rooms Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Bathroom 1, Bathroom 2

Basement Daylight, Partial, Outside Entrance, Unfinished

Main Level Bedrooms 1

Interior

Interior Features Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Window Treatments, Wood Floors

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplaces Number 1

Fireplaces Type Mantel(s)

Fireplace Y

Window Features Wood Frame

Heat Source Natural Gas

Laundry Basement

Exterior

Parking Features Garage - Side Entry

Garage Spaces 1.0

Fence Partially

Water Access N

Roof Type Rubber,Slate

Street Surface Black Top

Accessibility None

Attached Garage 1

Total Parking Spaces 1

Garage Y

Building

Lot Description Trees/Wooded, Partly Wooded

Story 2

Foundation Brick/Mortar, Crawl Space

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 2

Additional Building Above Grade, Below Grade

Structure Type Plaster Walls

New Construction N

Schools

High Schools Alexandria City

School District Alexandria City Public Schools

Others

Pets Allowed Y

Senior Community No

Tax ID 17339000

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Pets Allowed No Pet Restrictions

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1000 JANNEYS LN Alexandria, VA 22302

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Key Details

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1000 JANNEYS LN