5024 12th St S, Arlington, VA 22204
- $700,000
- 6
- BD
- 4
- BA
- 1,880
- SqFt
- List Price
- $700,000
- Days on Market
- 7
- MLS#
- VAAR2079720
- Status
- ACTIVE
- Type
- Single Family Residential
- Style
- Colonial
- Year Built
- 1946
- Bedrooms
- 6
- Full-baths
- 4
- County
- Arlington
- Subdivision
- Columbia Forest
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.
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Additional Information
- Acres
- 0.16
- Lot Size
- 7,107
- Living Area
- 1,880
- Elementary School
- Abingdon
- Middle School
- Kenmore
- High School
- Wakefield
- Cooling
- Central Air
- Heating
- Forced Air
- Basement
- Connecting Stairway, Daylight, Full, Finished, Walkout
- Taxes
- $8,412
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Listing courtesy of EXP Realty, LLC. Contact: