9351 East St, Manassas, VA 20110

$2,300,000

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List Price
$2,300,000
Days on Market
291
Status
ACTIVE
MLS#
VAMN2009488
Lot Size (Acres)
0.44
Year Built
1960
County
Manassas City
School District
Manassas City Public Schools

Property Description

This 6 unit multifamily building presents a rare opportunity to acquire a stabilized residential asset in the heart of Old Town Manassas. The property is fully leased, featuring five 1 BD/1 BA units and one 2 BD/1 BA unit, each all-electric and separately metered. The asset generates an NOI of $98,631.20 and offers a strong income foundation with the added potential for future development, supported by a concept plan for two additional duplex buildings. Located in the heart of Old Town Manassas, the property offers walkable access to shops, restaurants, and community amenities, along with proximity to the Prince William County Courthouse and the VRE commuter station. Its central location provides excellent connectivity via Rt. 28 and Rt. 234, with quick access to I-66 and surrounding employment centers. Ongoing revitalization, strong tenant demand, and convenient transportation make this an ideal setting for long-term residential investment and future infill development. The property is located within a Qualified Opportunity Zone, offering potential tax advantages for investors.

Additional Information

Subdivision
Old Town Manassas
Taxes
$16944
Stories
3
School District
Manassas City Public Schools
High School
Osbourn
Flooring
Hardwood
Heating
Wall Unit
Heating Fuel
Electric
Cooling
Wall Unit
Water
Public
Sewer
Public Sewer

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Listing courtesy of Weber Rector Commerical Real Estate Services, Inc.. Contact: