422 N PAYNE ST

$875,000

422 N PAYNE ST, ALEXANDRIA, VA 22314

Sold

MLS ID: VAAX2000518

  • 0.102 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 lot with manicured landscaping and 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

Exterior & Building

  • Stories 2
  • water Source Public
  • Pool No Pool
  • parking Asphalt Driveway
  • Heat Type Forced Air
  • Air Conditioning Window Unit(s)
  • sewer Public Sewer

Financial Details

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

Area & Lot

  • Status Sold
  • Living Area 2,204 Sq.Ft.
  • Lot Area 0.102 Acres
  • MLS ID VAAX2000518
  • Type MULTI_FAMILY
  • Year Built 1963
  • Architecture Styles Traditional
  • School District ALEXANDRIA CITY PUBLIC SCHOOLS

Work With Us

We have years of experience helping local buyers and sellers just like yourself, we know how to locate the finest properties and negotiate the best deals.

Contact Us