422 N PAYNE STREET

$875,000

422 N PAYNE STREET, ALEXANDRIA, VA 22314

Sold

MLS® ID: VAAX2000464

  • 6 BEDROOMS
  • 2 FULL BATHROOMS
  • 0.1 Acres
  • 1963 BUILT

Property Details

Rare opportunity. Move-in ready, multi-family property in Old Town Alexandria. Detached brick building sitting on large 4,356 sq ft recently landscaped lot with a circular stone patio. Two separate units - each unit is 1,100 sq ft and has 3 bedrooms and 1 full bathroom. Ground floor unit is vacant, upper unit is leased until January 31st, 2022. Separately metered gas and electric. Off-street parking for up to four vehicles. There are a ton of different investment approaches - live in one unit and rent the other, rent both, condo conversion, or single-family home conversion. Walk to Braddock Road Metro, Old Town restaurants, shopping, and the Potomac River! Short distance to Del Ray. Hurry, this will not last!

Amenities

Interior

  • total bedrooms 6
  • Total bathrooms 2
  • full bathrooms 2

Exterior & Building

  • water Source Public
  • parking Asphalt Driveway
  • Heat Type Forced Air
  • Air Conditioning Wall Unit
  • sewer Public Sewer
  • Substructure Masonry Brick
  • other exterior Features Above Grade Below Grade

Financial Details

  • Sales Price $875,000
  • Real Estate Tax $8,082/yr
  • Zoning RB

Area & Lot

  • Status Sold
  • Living Area 2,204 Sq.Ft.
  • Lot Area 0.1 Acres
  • MLS® ID VAAX2000464
  • Type RESIDENTIAL
  • Year Built 1963
  • Architecture Styles Traditional
  • School District ALEXANDRIA CITY PUBLIC SCHOOLS
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