1000 Janneys Lane Alexandria , VA 22302

Courtesy of Sebrina Adem, RE/MAX Allegiance sebrinadem@gmail.com

Description

3 Beds
2 Baths
1,655 Sqft
14,374 Sqft lot
0.33 Acre lot
Status: Active
Property Type: Single Family Residential
Year Built: 1938
Neighborhood: College Park
Days on Website: 220
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 $3,200,000. 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!

Open House

Property Details and Features

Contact an Agent

John Maranto

410 823 0033 443 564 0952

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