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1301 Virginia Ave
For Sale $550,000
$550,000
- 5 Units
- Unknown Sq Ft
- 13,500 Sq Ft
- Unknown Cap Rate
Description
Great Investment Opportunity – 5-Unit Multi-Building
Fully rented and cash-flowing, this 5-unit property is the perfect addition to any investor’s portfolio. The building has been well-maintained with numerous recent improvements including a new roof, updated plumbing, a new porch, and updates throughout the units.
Inside, you’ll find hardwood floors throughout and updated finishes that keep the units attractive to tenants. Outside, the property offers ample on-site parking which is a rare find that adds to the appeal.
On top of strong current income, there’s plenty of room to add value and increase revenue with additional features: 4 garages that can be rented separately, Storage space for tenants or outside rentals, and Coin-operated laundry for steady extra income.
This is a turn-key investment with upside potential in a sought-after rental market.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $550,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1927 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2226019974 |
| MLS # | MDWA2031570 |
| Property ID | 294226007 |
| Lot Sqft | 13,500 |
| Zoning | RU |
| Total Units | 5 |
| Days on Market | 81 |
| Original List Price | Unknown |
| Date Updated | November 28, 2025 |
| Date Created | September 18, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $63,900 | $0 |
| Net Income (Yr) | $ 49,130 |
| Cap Rate | 10.65% |
Listing Provided By
Robert J Krop an agent of . Lic #35299
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Data last updated: December 08, 2025.
Robert Crawford
REAL ESTATE AGENT