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5024 12th St S, Arlington, VA 22204

$700,000
: 6
BD
: 4
BA
: 1,880
SqFt

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List Price: $700,000
Days on Market: 1
Status: ACTIVE
MLS#: VAAR2079720
Bedrooms: 6
Bathrooms: 4
Full Baths: 4
Living Area: 1,880
Lot Size (Acres): 0.16
Style: Colonial
Year Built: 1946
County: Arlington
School District: Arlington County Public Schools

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Property Description

Are you tired of looking at deals in northern Virginia with low cap rates and high interest rates? Well look no further! This single family detached home in south Arlington is a landlords dream. The owner will entertain subject to offers. With the current loan balance at roughly $500K and the asking price of $700K, a buyer could take over the sellers mortgage and reap the benefits of a 3.75% with 5 years already off of the loan, saving them several hundred thousand dollars over time. This property needs a full cosmetic rehab, giving the buyer a chance to get cash flow and have equity after repairs are made.

(703) 782-8933

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Additional Information

Subdivision: Columbia Forest
School District: Arlington County Public Schools
Elementary School: Abingdon
Middle School: Kenmore
High School: Wakefield
Fireplaces: 1
Heating: Forced Air
Cooling: Central Air
Water: Public
Sewer: Public Sewer
Basement: Connecting Stairway, Daylight, Full, Finished, Walkout