1007 Queen Street, Alexandria, VA 22314

List Price
Days on Market
Living Area
Lot Size (Acres)
Year Built
Alexandria City
School District
Alexandria City Public Schools

Property Description

INVESTOR ALERT! INSTANT CASH FLOW! Nestled a short walk between the King St & Braddock Rd metros and all the shopping/restaurants Old Town has to offer is this Grand Dame on Queen Street, currently configured as a 3 unit rental. Opportunities abound - Rent out all 3 units for cash flow, live in one unit and rent the other two to cut your mortgage, or convert back to a massive single family home with 3,460 sqft! Unit A is a 2BD+LOFT DEN/1.5BA (roughly 1,515 sqft) main & top floor unit flooded with natural light. The main floor features a renovated kitchen with granite countertops and stainless appliances, bright and sunny dining room with lovely antique fireplace, a separate living space and a half bath. Upstairs features 2 huge full bedrooms, a full bathroom and a bonus loft that is great as a flex space/office/storage. Currently tenanted month to month for $2,950/mo (June 2016 move in and rent has never been raised). Unit B is a 1BD+DEN/1BA bright and sunny above grade ground floor unit (roughly 1,170 sqft). Enter to an open living/dining space with a fully renovated kitchen featuring Carrera-look quartz countertops and stainless steel appliances (renovated in 2016). New flooring has also been installed in the front area and bedroom (not the den). The large den separates you from an enormous bedroom with back access to a shared patio and parking. Currently vacant and tenants were paying $1,875/mo (Oct 2016 move in and rent was never raised). Unit C is a charming 1BD/1BA converted carriage house (roughly 775 sqft) flooded with sunlight. With a private entrance off the rear patio/parking, the carriage house features an open concept living/dining space and a renovated kitchen with Carrera-look quartz countertops and stainless steel appliances (renovated in 2016). Upstairs features a huge bedroom with high ceilings and a full bathroom. Currently vacant and tenants were paying $2,100 (April 2018 move in and rent was never raised). Units A & B are separated by a door with and interior staircase - if desired units A & B could be used as one unit with an in-law suite. Each unit has a private entrance, full kitchen, washer/dryer and rear access to adorable shared patio and parking (1 spot per unit). Move in today and start making money! **Square footage calculated by 3rd party and should be verified by buyer**

Additional Information

Interior Features
2nd Kitchen, Additional Stairway
School District
Alexandria City Public Schools
Heating Fuel
Natural Gas
Central A/C
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
Term of Loan

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass.