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40 E Reed AvenueAlexandria, VA 22305MLS Number VAAX2035670

  • Price: $425,000
  • Est. Mortgage of $/month
  • 8 Days on Market
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$/month over payments
Federal 30-year interest rate: 6.89% last updated on Jul 11, 2024
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40 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 2230540 E Reed Avenue Alexandria VA 22305
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  • 2Bedrooms
  • 1Bathrooms
INVESTORS ALERT! Seize the opportunity to acquire a semi-detached 2-bedroom, 1-bathroom home walking distance to Del Ray, Potomac Yard Shopping Center, public transportation including the new Potomac Yard/VT metro station, close to Amazon HQ2, National Reagan airport, Pentagon/Pentagon City, and DC. The property is nestled on a flat landscaped and fenced lot. Updates in 2019 included new kitchen cabinets, new mosaic ceramic/glass backsplash, new stainless-steel appliances, and a renovated bathroom, which they are still in good condition. Unfortunately, hidden roof leaks and a sudden broken pipe in the front crawl space area damaged most of the hardwood flooring and some dry wall in the upper level. The property has presence of mold mainly in the basement area and some in the upper level as well. With such a convenient location and with no HOA fees, this gem in the works will shine again once you address needed repairs. It has potential to be transformed into a first-time primary home, a rental investment property, or a rehab project with resale value. Due to its condition, the property is sold AS IS and seller is currently requesting cash offers or rehab loans only and a quick settlement. There will be two open houses on Sat 7/13/2024 and Sun 7/14/2024 from 2-4 pm. Please bring your masks and flashlights to inspect the basement. Please watch your steps when walking inside the house as wood floors are uneven. Do not open storm door going from the back bedroom to the deck. It is stuck and it does not open. Deadline to submit offers is set for Tuesday, July 16th at 5 pm. Seller reserves the right to accept or reject any and/or all offers. Pictures will be uploaded soon.
Listed by Carlos M Rodriguez, Fairfax Realty of Tysons

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Yeonas & Shafran Real Estate, LLC
Yeonas & Shafran Real Estate, LLC
Office: 703-790-3330
1309 Vincent Pl
McLean, VA 22101

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More Info

Location Information

  • Date Listed07/11/2024
  • Onmarketdate2024-07-17T00:00:00
  • ZoningCDD#7
  • UsmAreaAlexandria

School Information

  • High SchoolT.c. Williams

Location

  • Address40 E Reed Avenue
  • Area Total680
  • SubdivisionBeaumont
  • TownAlexandria
  • StateVA
  • Zip22305
  • CountyAlexandria City

Exterior

  • FoundationCrawl Space

Utilities

  • Water SourcePublic
  • SewerPublic Sewer
  • Central Air YNYes
  • Cooling FuelElectric
  • Water HeaterElectric
  • Heating FuelNatural Gas
  • Heat SystemForced Air

Other

  • View Count1

Basic Information

  • MLS NumberVAAX2035670
  • Ownership InterestFee Simple
  • List Price$425,000
  • Square Feet680
  • Acreage0.06
  • Year Built1947
  • MLS Property TypeResidential
  • StatusPEN

Property

  • Property ConditionMajor Rehab Needed, Average
  • New Construction YNN

Interior

  • Appliances Included
    • Built-In Microwave
    • Disposal
    • Dryer
    • Oven/Range - Electric
    • Refrigerator
    • Stainless Steel Appliances
    • Washer
  • Heating YNYes
  • CoolingCentral A/C
  • Basement YNYes
  • Stories1

Property Information

  • Lot Size Square Feet2,625
  • Above Grade Finished Area680

Amenities

  • PoolNo Pool
  • PricePerSqFt625
  • Other AmenitiesBasement

Tax Information

  • Total Taxes Payment FrequencyAnnually
  • Tax Assessment Amount375368
  • Tax Year2013
  • Taxes$4,017
  • City Town Tax$4,017

Parking

  • Parking TypesOn Street

Building

  • High School DistrictAlexandria City Public Schools
  • Broker NameFairfax Realty of Tysons
  • Building Number40
  • In City Limits YNYes
  • DirectionsFROM I 395 TAKE S GLEBE RD EXIT, RIGHT ON RT 1, RIGHT ON E REED AVE, TO HOUSE ON THE RIGHT.
  • Main Level Total Baths1
  • Main Level Bedrooms2
  • Main Level Full Baths1
  • Story ListMain
  • Structure Design TypeTwin/Semi-Detached
  • Construction MaterialsFrame
  • Property StyleRanch/Rambler
  • Bedrooms2
  • BasementOutside Entrance, Rear Entrance, Unfinished, Walkout Level
  • Full Bath1
  • Bathroom1
  • Laundry TypeDryer In Unit, Washer In Unit
  • Levels1
  • Patio And Porch FeaturesDeck(s)

Copyright 2024 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated July 18, 2024. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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