4206 WASHINGTON BLVD, Arlington, VA 22201
4206 WASHINGTON BLVD, Arlington, VA 22201
4206 WASHINGTON BLVD, Arlington, VA 22201
4206 WASHINGTON BLVD, Arlington, VA 22201
4206 WASHINGTON BLVD, Arlington, VA 22201
4206 WASHINGTON BLVD, Arlington, VA 22201
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$ 1,890,000
Est. payment | /mo

3,178 SqFt


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$ 1,890,000
Est. payment | /mo
Save

3,178 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,178 sqft

Price per Sqft $594

Lot Size 5,007 Sqft

MLS Listing ID VAAR2071500

Style Traditional

Subdivision Ballston

Total Units 4

Short Sale No

Originating MLS BRIGHT

Available Date 2026-04-15

Property Description

CASH COW! This FOUR UNIT property is located just two blocks from Ballston MU Metro Station! Gross rent is a whopping $138,840! Net Operating Income (NOI) is a stout $118,393! Two 3-bedroom units, One 1-bedroom unit and One efficiency unit. This property is being marketed for $1,890,000, providing an amazing 6.26% cap rate. Property underwent a substantial and extensive Capex in 2021, including kitchen renovations, bathroom renovations, flooring, systems, roof and other infrastructure. Totally turn key with long-term leases in place. Off-street parking for three cars, PLUS a detached two-car garage!
Unit 1 - 3-Bedroom middle-level unit rented for $3,800/mo through 08/31/2026. Includes renovated kitchen, renovated bathroom, in-unit laundry and is approximately 1,089sf.
Unit 2 - 3-Bedroom upper-level rented for $3,900/mo through 06/30/2026. Includes renovated kitchen, renovated bathroom, in-unit laundry and is approximately 1,089sf.
Unit 3 - Efficiency, lower level unit rented for $1,320/mo through 03/01/2027. Includes modest kitchen and is approximately 400sf.
Unit 4 -1-Bedroom lower-level unit currently marketed for $2,200/mo. Includes renovated kitchen with bar island and SS appliances, renovated bathroom and in-unit laundry and is approximately 600sf.
If you're looking for a stable investment with tremendous cash flow and easy rentability, this is it! Financials available for serious inquiries.

Location

State VA

County Arlington

Zoning R15-30T

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Luxury Vinyl Plank, Ceramic Tile

Fireplace N

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Garage Garage - Front Entry

Garage Spaces 5

Waterfront N

Water Access N

Roof Type Architectural Shingle

Accessibility None

Parking Type Detached Garage, Driveway

Total Parking Spaces 5

Building

New Construction N

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

Schools

Elementary Schools Ashlawn

Middle Schools Swanson

High Schools Washington-Liberty

School District Arlington County Public Schools

Others

Tax Amount $12,715

Tax Year 2025

Tax ID 14-023-011

Ownership Fee Simple

SqFt Source 3178

Special Sale Standard

Bright MLS (BMLS)
Listed by James P Andors • Keller Williams Realty

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4206 WASHINGTON BLVD