4206 WASHINGTON BLVD, Arlington, VA 22201
4206 WASHINGTON BLVD, Arlington, VA 22201
4206 WASHINGTON BLVD, Arlington, VA 22201
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Listed by James P Andors • Keller Williams Realty
$1,890,000
Est. payment /mo
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3,178 SqFt
New

4206 WASHINGTON BLVD Arlington, VA 22201

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Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,178 sqft

Price per Sqft $594

Subdivision Ballston

MLS Listing ID VAAR2071500

Style Traditional

Abv Grd Liv Area 2,178

Year Built 1960

Available Date 2026-04-15

Annual Tax Amount $12,715

Tax Year 2025

Lot Size 5,007 Sqft

Acres 0.11

Property Sub-Type Detached

Source BRIGHT

Property Description

CASH COW! This FOUR UNIT property is located just two blocks from Ballston MU Metro Station! Gross rent is a whopping $138,840! Net Operating Income (NOI) is a stout $118,393! Two 3-bedroom units, One 1-bedroom unit and One efficiency unit. This property is being marketed for $1,890,000, providing an amazing 6.26% cap rate. Property underwent a substantial and extensive Capex in 2021, including kitchen renovations, bathroom renovations, flooring, systems, roof and other infrastructure. Totally turn key with long-term leases in place. Off-street parking for three cars, PLUS a detached two-car garage!
Unit 1 - 3-Bedroom middle-level unit rented for $3,800/mo through 08/31/2026. Includes renovated kitchen, renovated bathroom, in-unit laundry and is approximately 1,089sf.
Unit 2 - 3-Bedroom upper-level rented for $3,900/mo through 06/30/2026. Includes renovated kitchen, renovated bathroom, in-unit laundry and is approximately 1,089sf.
Unit 3 - Efficiency, lower level unit rented for $1,320/mo through 03/01/2027. Includes modest kitchen and is approximately 400sf.
Unit 4 -1-Bedroom lower-level unit currently marketed for $2,200/mo. Includes renovated kitchen with bar island and SS appliances, renovated bathroom and in-unit laundry and is approximately 600sf.
If you're looking for a stable investment with tremendous cash flow and easy rentability, this is it! Financials available for serious inquiries.

Location

State VA

County Arlington

Zoning R15-30T

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Luxury Vinyl Plank, Ceramic Tile

Fireplace N

Heat Source Natural Gas

Exterior

Parking Features Garage - Front Entry

Garage Spaces 5.0

Water Access N

Roof Type Architectural Shingle

Accessibility None

Total Parking Spaces 5

Garage Y

Building

Foundation Other

Above Ground Finished SqFt 2178

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Ashlawn

Middle Schools Swanson

High Schools Washington-Liberty

School District Arlington County Public Schools

Others

Tax ID 14-023-011

Ownership Fee Simple

SqFt Source 3178

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Brian Colonna

Brian Colonna

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4206 WASHINGTON BLVD