Property
Beds
5
Full Baths
4
1/2 Baths
None
Year Built
1901
Sq.Footage
2,435
Investor Opportunity — Cash Flow Today, Massive Upside Tomorrow! Now priced at $900,000, this fully rented, grandfathered single-family home plus duplex in Historic Haymarket delivers immediate returns with huge room for growth. With current rents at $6,100 per month, the property already generates positive cash flow. Using 25% down at a 6.5% rate, monthly expenses including mortgage, taxes, and insurance are approximately $4,973, producing about $1,127 per month in cash flow and an estimated 6% cash-on-cash return on day one. The real upside comes from bringing rents to market. Pro forma rents total $9,100 per month, raising monthly cash flow to over $4,127, generating more than $49,500 in annual cash flow and pushing the cash-on-cash return to an impressive 22%. This rare investment offers a grandfathered multi-unit setup, stable tenants, strong current performance, and a clear, achievable path to dramatically increasing ROI. Opportunities like this in Historic Haymarket are exceptionally hard to find, combining location, cash flow, and long-term upside in one compelling package.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
4
-
Above Grade Finished Area
2435.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Electric, Heat Pump
-
Main Level Bedrooms
5
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stone
-
Parking
None
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.37
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Colonial
Price
-
Sales Price
$900,000
-
Tax Amount
5291.0
-
Sq. Footage
2, 435
-
Price/SqFt
$369
HOA
-
Association
No
School District
-
Elementary School
HAYMARKET
-
Middle School
RONALD WILSON REAGAN
-
High School
N/A
Property Features
-
Foundation Details
Other
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Water Source
Well
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Location
County
PRINCE WILLIAM
Elementary School
HAYMARKET
Middle School
RONALD WILSON REAGAN
High School
Listing Courtesy of Sarah A. Reynolds , Keller Williams Realty
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Broker | Owner
ChristyIssler
Call Christy today to schedule a private showing.
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