1200 N KENSINGTON ST, Arlington, VA 22205 - MLS#VAAR2045236

Arlington, VA 22205,1200 N KENSINGTON ST

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Olson Realty

[email protected] +1(302) 448-6000

$1,800,000

Est. payment - /mo

5,184 SqFt

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UPDATED:

10/29/2024 10:54 AM

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 5,184 sqft

Price per Sqft $347

Subdivision Westover

MLS Listing ID VAAR2045236

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $15,796

Tax Year 2024

Lot Size 0.338 Acres

Acres 0.34

Property Description

8 Unit Building in Westover. New price reflects condition. All units are one bedrooom and rented on a month to month basis at an ave. of $1285 per month, total $10,290 per month. Many long-time tenants. 9 electric meters, one per unit and one for common areas. Gas heat and water paid by landlord. Laundry room in basement. Parking on street and behind building has room for 8 cars. Potential for increased rents with unit improvements as tenants are replaced. Attached are pictures of each unit. Individual conditions vary from unit to unit. Unfinished area in basement could be turned into extra storage or community room. Bus service on Washington Blvd. Convenient to Westover and Ballston. Close to parks, shopping and restaurants. Currently being professionally managed.

Location

State VA

County Arlington

Zoning RA14-26

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 8.0

Waterfront N

Water Access N

Accessibility None

Parking Type On Street, Other

Total Parking Spaces 8

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Mckinley

Middle Schools Swanson

High Schools Washington-Liberty

School District Arlington County Public Schools

Others

Tax ID 09-063-006

Ownership Fee Simple

SqFt Source Assessor

Security Features Main Entrance Lock

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Listed by Rafael F Aguilera • Residential Properties, Inc.

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Olson Realty

+1(302) 448-6000

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1200 N KENSINGTON ST Arlington, VA 22205

Olson Realty

Olson Realty

Key Details

Location

Interior

Exterior

Building

Schools

Others

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