1. Virginia
2. Alexandria
3. 1000 JANNEYS LANE

1000 JANNEYS LANE, Alexandria, VA 22302

• 3 beds |
• 2 baths |
• 1,655 sqft

Property Description

Discover your ideal haven on this expansive corner lot, situated in one of the most sought-after locales. Opportunities like this are rare! Currently, the property features a reliable tenant generating $3,300 monthly, amounting to $39,600 annually, with a lease in place until July 2025, ensuring stability and income. Your possibilities are endless: purchase the property as-is with the existing tenant, or envision building a stunning new three-level single-family home with a 2-car garage. Alternatively, consider the potential for four 2-bedroom rental units, which could yield an impressive $16,000 in monthly income. Newly constructed homes in this area can sell for between $2,500,000 and $3,600,000. The seller is open to financing options for the right developer, making this an exceptional investment opportunity. If you’re considering a different vision, a 60- to 90-day notice for the tenant is negotiable. Don’t miss out on this chance to create your dream property—seize the moment!

Listing Status:

Active

Date Added:

April 21, 2024 at 05:00AM

Listing Office:

RE/MAX Allegiance : 7032379500

Listing Agent:

Sebrin Adem : 7032258292

MLS ID:

VAAX2033244

Interior

• General: Dining AreaEntry Level BedroomFloor Plan - TraditionalWindow TreatmentsWood Floors
• Rooms: Living RoomDining RoomBedroom 2Bedroom 3KitchenBasementBedroom 1Bathroom 1Bathroom 2
• Laundry: Basement
• Basement: DaylightPartialOutside EntranceUnfinished
• A/C: Central A/C
• Heating: YForced AirNatural Gas
• Fireplace: Mantel(s)FireplaceFireplaces: 1
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Sebrin Adem, RE/MAX Allegiance