Details

Property Type: Multi-Residential
Cap Rate: 4.0%
NOI: $37,092

Marketing Description

Amazing Investment Opportunity! Income producing property. Beautiful 2 level townhouse and a lower level, w/plenty of updates! Hardwoods throughout the main level, open floor plan, new granite, new carpet, new appliance. Large kitchen w/eat-in area & SGD to deck. MBR w/vaulted ceiling, 2 walk-in closets, soaking tub, separate shower, & his/her sinks. 9' ceilings on all levels. Huge lower level family room w/gas fireplace & SGD to backyard. The first level is where we have the kitchen. It has luxury furnishings including stainless steel appliances, tile floors, and granite countertops. The kitchen features gas cooking and plenty of storage cabinets and large pantries. There's a large living room/family room and dining room (hardwood floors), with access to the deck. A half bath is also available for guests. The laundry also has a washer and dryer set with more storage space. The lower level is the rec room with a fireplace and a beautiful new bathroom.

The neighborhood is great--quiet--and the neighbors are very friendly. With the opening of Innovation Avenue, we are literally 5 minutes to Dulles Airport and access to the 267 Tollway, and 3 minutes to the 28 (Sully Rd). Herndon is a nice town, family friendly, with a cute little historic downtown; it is also home to Worldgate on Elden Street and minutes from Sterling, next to Reston, and 15 minutes from Leesburg and the Outlets. The new Metrorail is here within walking distance, making commuting to D.C. more convenient.

Investment Highlights

Tenant Paid Heat; HVAC

Tenant Paid Hot Water

Tenant Paid Central Air Conditioning

Tenant Paid Water and Sewer

Tenant Paid Electric