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40 E Reed Avenue

ALEXANDRIA, VA 22305
  • $425,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: VAAX2035670
Open House
UPDATED: 139 min ago
$425,000
  • 2
    BEDS
  • 0.06
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 680
    SQFT
  • $625
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1947
County:

School Information

High School:

Description

INVESTORS ALERT! Seize the opportunity to acquire a semi-detached 2-bedroom, 1-bathroom home walking distance to Del Ray, Potomac Yard Shopping Center, public transportation including the new Potomac Yard/VT metro station, close to Amazon HQ2, National Reagan airport, Pentagon/Pentagon City, and DC. The property is nestled on a flat landscaped and fenced lot. Updates in 2019 included new kitchen cabinets, new mosaic ceramic/glass backsplash, new stainless-steel appliances, and a renovated bathroom, which they are still in good condition. Unfortunately, hidden roof leaks and a sudden broken pipe in the front crawl space area damaged most of the hardwood flooring and some dry wall in the upper level. The property has presence of mold mainly in the basement area and some in the upper level as well. With such a convenient location and with no HOA fees, this gem in the works will shine again once you address needed repairs. It has potential to be transformed into a first-time primary home, a rental investment property, or a rehab project with resale value. Due to its condition, the property is sold AS IS and seller is currently requesting cash offers or rehab loans only and a quick settlement. There will be two open houses on Sat 7/20/2024 and Sun 7/21/2024 from 2-4 pm. Please bring your masks and flashlights to inspect the basement. Please watch your steps when walking inside the house as wood floors are uneven. Do not open storm door going from the back bedroom to the deck. It is stuck and it does not open. Deadline to submit offers is set for Tuesday, July 16th at 5 pm. Seller reserves the right to accept or reject any and/or all offers. Pictures will be uploaded soon.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jennifer Mack Properties | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-12T14:55:50.057.
www.jennifermackproperties.com/homes/152166230
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40 E Reed Avenue ALEXANDRIA, VA 22305

  • Price: $425,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 139 min ago
  • ID#: VAAX2035670
2
Beds
1
Baths
0
½ Baths
0.06
Acres
680
SQFT
$625
$/SQFT
1947
Built
Neighborhood:
Beaumont
County:
Alexandria City
High School:
T.C. Williams
School District:
Alexandria City Public Schools
Property Description
INVESTORS ALERT! Seize the opportunity to acquire a semi-detached 2-bedroom, 1-bathroom home walking distance to Del Ray, Potomac Yard Shopping Center, public transportation including the new Potomac Yard/VT metro station, close to Amazon HQ2, National Reagan airport, Pentagon/Pentagon City, and DC. The property is nestled on a flat landscaped and fenced lot. Updates in 2019 included new kitchen cabinets, new mosaic ceramic/glass backsplash, new stainless-steel appliances, and a renovated bathroom, which they are still in good condition. Unfortunately, hidden roof leaks and a sudden broken pipe in the front crawl space area damaged most of the hardwood flooring and some dry wall in the upper level. The property has presence of mold mainly in the basement area and some in the upper level as well. With such a convenient location and with no HOA fees, this gem in the works will shine again once you address needed repairs. It has potential to be transformed into a first-time primary home, a rental investment property, or a rehab project with resale value. Due to its condition, the property is sold AS IS and seller is currently requesting cash offers or rehab loans only and a quick settlement. There will be two open houses on Sat 7/20/2024 and Sun 7/21/2024 from 2-4 pm. Please bring your masks and flashlights to inspect the basement. Please watch your steps when walking inside the house as wood floors are uneven. Do not open storm door going from the back bedroom to the deck. It is stuck and it does not open. Deadline to submit offers is set for Tuesday, July 16th at 5 pm. Seller reserves the right to accept or reject any and/or all offers. Pictures will be uploaded soon.
Exterior Features

Architectural Style Ranch/Rambler Construction Materials Frame Garage YN No Parking Types On Street Patio And Porch Features Deck(s) Pool No Pool Property Condition Major Rehab NeededAverage Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 680 Appliances Stainless Steel AppliancesBuilt-In MicrowaveDisposalDryerOven/Range - ElectricRefrigeratorWasher Basement Outside EntranceRear EntranceUnfinishedWalkout Level Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Heating Forced Air Heating YN Yes Laundry Type Dryer In UnitWasher In Unit Levels 1 Main Level Bedrooms 2 Pets Allowed No Pet Restrictions

Property Features

Acceptable Financing CashFHA 203(k)Other Accessibility Features None Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Foundation Details Crawl Space Heating Fuel Natural Gas Hot Water Electric Navigable Water YN N New Construction YN No Original MLSNumber 803181380166 Ownership Interest Fee Simple Pets Allowed YN Yes Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 4017.00 Vacation Rental YN No Water Source Public Zoning CDD#7

Listing courtesy of Fairfax Realty of Tysons: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jennifer Mack Properties | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-12T14:55:50.057.
 
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Vienna VA, 22182