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1732 N VEITCH ST ARLINGTON, VA 22201

$1,885,000

Listed By Eli Tucker, RLAH @properties

6

Bedrooms

6

Total Baths

5

Full Baths

3,503

Square Feet

0.15

Acres

1924

Year Built

Active

Status

MLS#

VAAR2024612

$10,000 credit towards closing costs, interest rate discount, or with NOVA Home Renovations. Exceptional Lyon Village 5BR/4.5BA home with detached Accessory Dwelling with 1BR/1BA, kitchen, living space, and W/D! The main home has been completely remade since 2017 and Accessory Dwelling built in 2015, and offers incredible opportunity as a ***PRIMARY RESIDENCE and/or INCOME GENERATING INVESTMENT PROPERTY*** WHAT MAKES THIS HOME & ACCESSORY DWELLING STAND OUT? The main home boasts 5 bedrooms and 4.5 bathrooms over four renovated levels. Highlights of the main home include triple-zone HVAC (2017/2020), newer roof (2020), newer windows/doors/siding (2017), upgraded insulation, 56ft wrap around porch, huge private balcony off largest bedroom, driveway parking for 6+ vehicles, gorgeous bathrooms, fresh paint, and newly refinished real hardwood floors. The star of the show is the kitchen with high-end commercial grade GE Monogram appliances including a 42" refrigerator, 48" gas range with double oven, custom exhaust hood, and a separate wine/beverage refrigerator. The Accessory Dwelling (built in 2015) has 679 finished SqFt and offers guests, in-laws, caretakers, or long/short term renters a full kitchen, living space, bedroom, bathroom, laundry, and tons of storage. It was constructed with 2x6 framing, foam insulation (best quality insulation), and has its own heating and cooling system. WHAT MAKES THIS A GREAT INCOME GENERATING INVESTMENT? The home is located steps to Clarendon/Courthouse in one of the most desirable rental neighborhoods in the entire DC area. Detailed analysis on long-term and short-term (AirBnB) rental history and projections are available online in the Documents Section (available to your Realtor) and in print in the home. Long-term, single-tenant monthly rental projections are $7,300+/mon for the main dwelling and $2,700+/mon for the accessory dwelling. Room-by-room multi-tenant long-term leasing should generate well above that with rents for 1BRs in the area averaging $2,751/mon. AirDNA projections for AirBnB revenue are $203,900-$303,400+ annually. A savvy homeowner can use the main home or Accessory Dwelling as a primary residence to secure the best mortgage rates and a lower down payment, and rent out the other to cover a significant amount of the mortgage. WHAT MAKES THIS LOCATION STAND OUT? A 92 "Walker's Paradise" WalkScore puts you blocks from everything you need and want including Metro, Whole Foods, bars, restaurants, gyms, shopping, coffee, multiple parks for kids/dogs/courtsports, trails (Mt Vernon, WO&D, Custis), and businesses including Microsoft, Nestle HQ, Delloite, Grant Thornton, UVA, and more. Take a stroll into Georgetown via the Key Bridge or the National Mall via the Roosevelt Bridge. You're a short drive to DC/MD, National Airport, Amazon HQ2, The Pentagon, Tysons, and all major commuter routes.

Details for 1732 N VEITCH ST

Year Built
1924
Parking
6
Price / Sq Ft
$538
HOA
No Info
Cooling
Yes
Heating
Yes
On Website
21 Days
Acres
0.15

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office RLAH @properties, 7033909460

MLS# VAAR2024612

Updated 6:20PM - 11/29/2022

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 RE/MAX Gateway 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. 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. Information Deemed Reliable But Not Guaranteed. Copyright 2022 Bright MLS. All rights reserved.

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