1126 Prince St, ALEXANDRIA, 22314

REDUCED 10% Residential - Semi-Detached For Sale in OLD TOWN

$875,000

2Beds
2Baths
960Sqft
.04Acres
1830Built
277DOM
MLS® #: VAAX240666
Active, 277 Days on Market

Builable lot in Old Town. 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.

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Price & Status History

Date Details
Price Reduced from $975,000 to $875,000
Price Reduced from $1,050,000 to $975,000

Essential Information

MLS® #: VAAX240666
Price: $875,000
Condo Coop Fee: $0
Bedrooms: 2
Bathrooms: 2.00
Full Baths: 2
Square Footage: 960
Acres: 0.04
Year Built: 1830
Type: Residential
Sub-Type: Semi-Detached
Style: Traditional
Status: Active
Taxes: $5,751
Tax Year: 2020

Community Information

Address: 1126 Prince St
Subdivision: OLD TOWN
County: ALEXANDRIA CITY-VA
State: VA
Zip Code: 22314

Interior

Heating: Heat Pump(s), Forced Air
Cooling: Heat Pump(s)
# of Stories: 1
Stories: 1 Story

Exterior

Exterior: Wood

School Information

District: ALEXANDRIA CITY PUBLIC SCHOOLS
High: T.C. WILLIAMS

Additional Information

Listing Office: Proplocate Realty, LLC
Date Listed: October 11th, 2019
Days on Market: 277
Zoning: RM

Financials

$/SqFt: $911

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Listing information last updated on July 13th, 2020 at 1:36pm EDT.