This condo is a 2 bedroom, 1 bathroom single family home located at 4600 Duke St #403, Alexandria, VA 22304. It is newly renovated with modern appliances and is move-in ready. Enjoy the convenience of nearby shopping and dining and quick access to highways, metro, and the bus. This turnkey investment property is perfect for those seeking passive income with excellent cash flow and appreciation in a class A neighborhood near the future Amazon HQ2.
 
Renovations included: new luxury wood flooring throughout the home; full paint including walls, ceilings, doors, and trim; new kitchen with new appliances including stainless steel fridge and new range; updated bathroom with new vanity, new sink faucet, new toilet; new blinds throughout the home; new lights, and new windows.
 
Overview:
Bedrooms: 2
Bathrooms: 1
Living Area: 1140 sqft
 
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4600 Duke St #403, Alexandria, VA

SKU: 4600DUKE403

$260,000.00

Current Status Occupied

Lease Start Date 1/31/2023

Lease Terms 12 months

Utilities Paid by Tenant
Current Rent $1900

CAP Rate 8%

Cash-on-Cash Return 31%

Net Cash Flow per Month $234
We support experienced and new turnkey investors during the purchase process and make it as simple as possible.

Our properties always include

Home Warranty

Property Management

Financing Options

Insurance Options
We transfer the title to the property as soon as your financing is ready, within 30 days or less.

Once you provide your purchase committment online, we will follow up with a written purchase agreement and all the necessary closing information including

Title Company

EMD deposit

Introduction to property management

Potential lenders for you to choose from

How to obtain property insurance

and everything else that you will need.

No need to travel. Closing can occur remotely.

4600 Duke St #403, Alexandria, VA

PROPERTY STATUS

INVESTMENT PERFORMANCE

WHAT'S INCLUDED

EARNEST DEPOSIT

CLOSING INFO

Current Status	Occupied
Lease Start Date	1/31/2023
Lease Terms	12 months
Utilities	Paid by Tenant

Current Rent	$1900
CAP Rate	8%
Cash-on-Cash Return	31%
Net Cash Flow per Month	$234