Arlington VA Multi-Family Real Estate

MLS Number VAAR2051078

• MultiFamily
• Square Feet 3,072
• Acreage 0.12
• Property SubType Duplex

Outstanding Investment Opportunity *Income producing property can be used as a rental or live in one unit and rent the other(s) *Spacious, 2 to 3 Unit apartment building in Sought after Arlington Village/Penrose neighborhood *WELL MAINTAINED and UPDATED UNITS *This property is split into 2 apartments and can easily be converted to 3 apartments *MAIN FLOOR UNIT: This is a 2-level unit that can be separated into a 3rd unit. This unit has 2BR's + 2 Bath's as well as a recreation room with luxury vinyl plank floors and good lighting. Also boasts a recent kitchen w/Custom cabinets, stainless appliances, beautifully refinished hardwood floors, excellent lighting with an open feel. *TOP FLOOR UNIT: Features 2 BR's + 1 bath, refinished hardwood floors, updated kitchen w/eat in space, updated bath, and an abundance of natural light *BUILDING: Has off street driveway parking as well a street parking, shared laundry with rear access, rear yard for barbecues, gardening, or outdoor space for tenants to relax and enjoy. Each unit has separate entrances within a hallway building entrance. Each unit has individual central HVAC + water heater, separate meters for gas and electric with utilities are separated with exception to water/trash, but tenants pay pro-rata share. LOCATION: This property is just a few short blocks from the Penrose shopping center with Grocery, restaurants, shops, retail, Walgreens, CVS, Starbucks, the original Bob & Edith's diner, Farmer's Market, parks and more *Commuters dream with a direct bus to Metro/DC & Easy Access to Rt 50, 395, 495, GW Parkway, Downtown DC, Crystal City, Amazon HQ2, Pentagon, Pentagon City and Reagan National Airport *Outstanding, long term tenants would love to stay so you have instant income *You will not want to miss out on this investment opportunity! Priced below appraisal.

Listed by Nicholas Lagos of CENTURY 21 New Millennium

MLS Number VAAR2049910

• MultiFamily
• Square Feet 3,798
• Acreage 0.09
• Property SubType Triplex

A ***RARE*** opportunity to acquire a prime positioned property in the Heart of Clarendon. Currently configured as a red brick 3 unit multi-family property, separately metered with separate entrances. Potential for an adaptive reuse of the existing structure with space for an addition (as per renderings and subject to county approval), convert to a single family home, retain as a multifamily property, or rebuild. Clarendon, Arlington, offers the perfect blend of urban convenience and community charm. Just minutes from Washington, D.C., this walkable neighborhood boasts a lively dining and nightlife scene, boutique shopping, and easy access to parks and trails for outdoor enthusiasts. With its diverse restaurant options, vibrant farmers market, and year-round local events, Clarendon provides a dynamic, yet welcoming atmosphere and remains as one of Arlington's most desirable and vibrant residential areas, balancing modern amenities with its historic roots. *** Renderings are for illustration purposes only and subject to county approval***

Listed by Albert Bitici of KW Metro Center