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4206 Washington Blvd
Off-Market Call for Pricing
Call for Pricing
- Unknown Bedrooms
- Unknown Bathrooms
- 3,178 Sq Ft
- 5,007 Sq Ft
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.
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Owner
Do you own or manage this property?
This is My PropertyAmenities
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 | $1,890,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 3,178 |
| Number of Stories | 0 stories |
| Parking Spots | 2 spots |
| Year Built | 1960 |
| Last Sold | May 31, 2026 |
| Sold Price | 1,850,000 |
| APN # | 14023011 |
| MLS # | VAAR2071500 |
| Property ID | 319543824 |
| Lot Sqft | 5,007 |
| Zoning | R15-30T |
| Total Units | 4 |
| Date Updated | June 01, 2026 |
| Date Created | April 14, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $138,840 | $0 |
| Net Income (Yr) | $ 118,393 |
| Cap Rate | 6.26% |
Listing Provided By
James P Andors an agent of . Lic #0225207216
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Data last updated: June 02, 2026.
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