4206 Washington Blvd, Arlington, VA 22201
Local realty services provided by:CENTURY 21 Harbor Realty
4206 Washington Blvd,Arlington, VA 22201
$1,890,000
- 7 Beds
- - Baths
- 3,178 sq. ft.
- Multi-family
- Active
Listed by: james p andors
Office: keller williams realty
MLS#:VAAR2071500
Source:BRIGHTMLS
Price summary
- Price:$1,890,000
- Price per sq. ft.:$594.71
About this home
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....
Contact an agent
Home facts
- Year built:1960
- Listing ID #:VAAR2071500
- Added:12 day(s) ago
- Updated:April 24, 2026 at 01:42 PM
Rooms and interior
- Bedrooms:7
- Flooring:Ceramic Tile, Luxury Vinyl Plank
- Living area:3,178 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Architectural Shingle
- Year built:1960
- Building area:3,178 sq. ft.
- Lot area:0.11 Acres
- Architectural Style:Traditional
- Construction Materials:Brick
Schools
- High school:WASHINGTON-LIBERTY
- Middle school:SWANSON
- Elementary school:ASHLAWN
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,890,000
- Price per sq. ft.:$594.71
- Tax amount:$12,715 (2025)
Parking
- Parking description:Detached Garage, Garage - Front Entry, Paved Parking
- Garage:Yes
- Garage spaces:2
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