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1126 PRINCE STREET, ALEXANDRIA, VA 22314

$1,050,000
2 Bed
2 Full Bath
ACTIVE
Walker's Paradise
Avatar for McEnearney Associates Inc, Realtors

McEnearney Associates Inc, Realtors

Direct:
877-624-9322

Contact us for more information or to schedule a showing.

Description

Great property with lots of potential Located in the heart of Old Town, this property is currently divided into 2 units. They are currently rented for $1,300.00 and $1,350.00 per month. The leases are month to month. Options for the property: 1. Keep the property rented for now and hold for long term investment. 2. Build a new single family home. We have drawings completed to tear down the existing house and build a four level single family home. The plans will need to be updated for code changes. The VAR has previously approved the demolition of existing house and construction of new home but the approval has expired so the VAR will have to approve again. Divide the unit into condos. We already have the drawings completed for this. The legal work still needs to be completed. My attorney has started the process but has not completed it yet.

Property Details

MLS #

VAAX240666

Status

ACTIVE

Type

Residential

Subtype

Twin/Semi-Detached

Style

Traditional

Beds

2

Full Baths

2

Cooling Fuel

Electric

Heating Fuel

Natural Gas,Electric

Levels

1

Total Sqft

960

Lot Size

1,692 square feet

Current Price

$1,050,000

Ownership Type

Fee Simple

Listed

Oct 11, 2019

Days on Market

13

Subdivision

OLD TOWN

County/City

ALEXANDRIA CITY

City Tax

$5,584.00 (Annually)

Parking

On Street


Schools

High/Senior

T.C. Williams

Directions

From king Street take Fayette Ave south, turn left on Prince Street, house is on left


ADDITIONAL PROPERTY DETAILS

Year Built

1830 (190 years)

Architecture Style

Traditional

Parking Included

No

Parking

On Street

HOA

No

Levels

1


Utilities

Cooling Fuel

Electric

Cooling System

Heat Pump(s)

Heating Fuel

Natural Gas, Electric

Heating System

Heat Pump(s), Forced Air

Sewer/Septic

Public Sewer

Water

Public


INTERIOR

Basement

No

Attic

No


Assessment Information

Year

2019

Total Assessment

$494,190.00


LOT & LAND

Acreage

0.04

Lot Size

1,692 square feet

Other Structures

  • Above Grade
  • Below Grade

Water

Water Oriented

No

Riparian Rights Convery

No

Water Access

No

Water Front

No

Water View

No

Navigable Water

No

Physical Docks

No

Directions

From king Street take Fayette Ave south, turn left on Prince Street, house is on left


Walker's Paradise
Select a Point of Interest and Radius from the form above.

Old Town

Welcome to historic Old Town, Alexandria. Founded in 1749, Old Town is a place rich with colonial charm. This is the heart of the City of Alexandria. Going back in time, one might have caught a glimpse of a middle-aged George Washington riding his horse up to Christ Church on the corner of Washington and Cameron Streets. Years later, Old Town became the childhood home of famed Confederate General Robert E. Lee. A slew of other notable names from both Virginia and American History add to Old Town’s lore.

Located on the western bank of the Potomac River, Old Town played an important role in the growth of our nation. It is no surprise that Old Town grew to prominence as a well-traveled port city under both British and U.S. rule. Like the rest of the communities in the City of Alexandria, the development of Old Town is tied closely to its proximity to the nation’s capital.

Since the colonial period, Old Town has established itself as a diverse cultural center and bastion of American trade, commerce, and industry.

Quality of Life:

Old Town brings you to the doorstep of colorful row houses on tree-lined streets dotted with gas lamps and cobblestone walks. Old Town is a desirable place to call home for those with an active social calendar. A wide variety of restaurants, coffee shops, art galleries, as well as boutique and retail stores, leave plenty to the imagination and ample opportunity to enjoy the finer things in life. Walk down to the Potomac and enjoy the fireworks on the Fourth of July, or bundle up for the holiday tree lighting in December. An Old Town resident would be hard-pressed to run out of things to do.

Getting Around:

Old Town is located just south of D.C. and occupies the southernmost part of the City of Alexandria. Route 1 and the George Washington Parkway (Washington Street) run through Old Town, while Washington's Beltway, I-495 is seconds away. The King Street Metro and Braddock Road Metro Stations are easily accessible and there is a free trolley service that runs from the King Street Metro Station down to the waterfront. DASH bus services are also available. Reagan National Airport is right up the road.

Airports:

Ronald Reagan National Airport:  < 5 miles.
Washington-Dulles International Airport:  < 35 miles.
Baltimore-Washington International Airport:  < 40 miles.

 

With our relationship with Atlantic Coast Mortgage, LLC, we’re able to provide the full spectrum of mortgage services, from online pre-approval to a guiding hand throughout the entire financing process.

24 Listings / 0.22 Radius