1. Virginia
2. Arlington
3. 2605 N PERSHING DR

2605 N PERSHING DR, Arlington, VA 22201

• 3,132 sqft

Property Description

Prime Multi-Family Investment Opportunity. Fully leased 2-unit garden-style building in sought after Lyon Park. Excellent upside - ideal for owner occupancy with additional rental apartment. Potential for added value in upgrading and expanding the lower-level to create a large combined 2-floor unit, or modernize the existing units, for added value to bring the rent up to market rate. Currently leased below comps in the neighborhood. Consisting of two residential apartments – each with approx. 1,044 SF, 2 bedrooms, 1 bathroom, galley kitchen, carpet flooring, and central HVAC. Amenities include 2 off-street parking spaces, on-site laundry room, basement storage, walk-up attic storage and shared backyard. Recent updates - roof (2020), HVAC and hot water heaters (2015). The property has been under the same family ownership for over 45 years. Just minutes to the Pentagon, Amazon HQ2, Washington DC, Reagan National Airport and 4 blocks to Clarendon Metro Station. Listed at Arlington County Tax Assessment value of $1,053,000.

Listing Status:

Active

Listing Office:

Arlington Realty, Inc. : 7038366000

Listing Agent:

Virginia S Smith : 7038361116

MLS ID:

VAAR2061984

Interior

• General: Ceiling Fan(s)CarpetKitchen - GalleyCombination Dining/Living
• Appliances: StoveRefrigerator
• Flooring: Carpet
• A/C: Central A/C
• Heating: Forced AirNatural Gas
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Virginia S Smith, Arlington Realty, Inc.