Description
Rare multi-unit investment opportunity in north arlington!
this rarely available, legal five-unit apartment building is located in the north arlington neighborhood of highview park, offering an exceptional investment opportunity with a current rental income of $11,350 per month ($136,200 per year) at 100% occupancy. recently fully renovated inside and out, this property features a mix of spacious two-level 2-bedroom/1-bath units and one-level 1-bedroom/1-bath units, providing desirable living options for tenants.
property features:
total units: 5 (3 two-level 2-bed/1-bath units and 2 one-level 1-bed/1-bath units)
rent income: currently generating $11,350/month, $136,200/year with 100% occupancy
upcoming rent increase: lease extensions on two units starting in july will add $3,000 annually, increasing the total rental income to $139,200/year
renovations: all 5 units and the exterior were completely renovated within the last 5 years, ensuring a modern and inviting atmosphere throughout.
hvac system: energy-efficient hvac system, only a few years old.
floor plans: spacious, open layouts with plenty of natural light.
parking: ample parking available on-site, as well as additional off-street spaces for tenants.
lot size: the property sits on a large lot, offering potential for future development or expansion.
virtual tours: matterport 3d tours are available for each individual unit, allowing for a complete virtual viewing experience.
current rentals:
three 2-bed/1-bath units
two 1-bed/1-bath units
this property offers a prime location in north arlington, with easy access to public transportation, shopping, dining, and recreational areas. whether you're an investor looking for steady income or seeking a multi-family property with long-term potential, this is an ideal choice.
actual addresses: 2122-2124-2126-2128-2130 cameron street
Property Type
Multi-FamilyCounty
ARLINGTONStyle
OtherAD ID
48642304
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: Central A/C
- Heating: 90% Forced Air
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1987
- Structure: Detached
- New Construction: No
- Total Units: 4
- Built: 1987
- Construction Material: Other
- Foundation/Basement: Other
- Architecture: Other
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 8,516
- Lot Size (Acres): 0.20
- Architectural Style: Other
- Main Square Feet: 8,516
Property Information
- SQ ft: 3,771
- SQ ft (Living Area): 3,771
- Total Lot SQ ft: 8,516
- Total Acreage: 0.20
- New Construction: No
- Type: Other
-
Listing Information
Listing Information
- Possession: Immediate
- Days Of Market: 1
-
Taxes / Assessments
Tax Information
- Annual Tax: $10,145
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Immediate
Assessment Information
- Taxes Assessment Amount: $982,100
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Homeowners Association Information
- Direction: GPS
-
School, Utilities & Location Details
School Information
- School District: ARLINGTON COUNTY PUBLIC SCHOOLS
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
Location Information
- Direction: GPS
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BuyOwner last updated this listing 02/22/2025 @ 15:16
- MLS: VAAR2053514
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 8,516 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of ARLINGTON , in zip code 22207, this ARLINGTON County Other and are nearby neighborhoods.