Classifieds
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
Falls Church, VA Property for Sale Flip or Scrape and Rebuild
Please view the opportunity below and let me know if you have an interest. If not, please provide me your criteria so I can get a better idea of what you are looking for.
----------------------------------------------------------------
Another opportunity just became available in Falls Church, VA with lots of profit built-in! This is an great opportunity with addition or scrape and build new potential. A small addition and it could sell for $900,000+, or do a full scrape and build new and it could go for approximately $1.25 million.
This opportunity is located at 2634 West St Falls Church, VA 22046 and is priced at $554,000.
Addition/Rehab Comps:
410 W Rosemary Ln $1,050,0002,400 sq ftBuilt 1942
204 W Marshall St$1,100,0002,500 sq ftBuilt 1950
604 Laura Dr$902,000 1,980 sq ftBuilt 1950
Scrape/Rebuild New Comps:
7237 Woodley Pl$1,239,0004,300 sq ft0.13 miles
A few more details for this property:
3 bedroom/2 Bath
822 Sq Ft
Built in 1955
Lot Size: 13,223 Sq Ft or 0.3 acres
Colonial Style
Forest Heights Subdivision
Fireplace
Estimated cost for a rehab and small addition would be approximately $160-175,000. This would bring the ARV to $900-$1 mill+ depending on size of the addition. Or, do a complete rebuild of 3,500-4,000 SF and reach an ARV of approximately $1,250,000. This area is being built up quickly and there are plenty of these new million+ dollar homes within a half mile.
Pictures and Videos can be viewed at these links.
Pictures: https://drive.google.com/drive/folders/1-1xu3ZFl1f0RD750nr2PFIJmBBctu1Ex?usp=sharing
Videos: https://drive.google.com/drive/folders/1-2IQa4vzPJfbptAJOga239nAC6HcjwFp?usp=sharing
Deposit to secure contract will be $3,000.
Please reach out with any questions or for further information. This property will go quickly. As always, contact me via phone or text at 719-434-0206.