281 4th Avenue

281 4th Avenue

281 4th Ave
Quantico, VA 22134

$699,000
Price
—
Beds
2,880 Sq. Ft.
$243 / Sq. Ft.
2,880
Sq. Ft.
$243
per Sq. Ft.

Active Under Contract

Active Under Contract

Description

Rare opportunity to purchase a 4-unit multi-family building with tenants who pay on time currently in place! Located in the quaint and unique Town of Quantico right along the Potomac River, connected to Quantico Marine Corps Base, and a commute stop for the Virginia Rail Express. Each unit has a different layout. Unit 101 is a 1 bed/1bath. Unit 102 is a 2 bed/1 bath. Unit 201 is a 2 bed/1 bath. Unit 202 is a 2 bed/1 bath. All units have stainless appliances and granite counters in both kitchen and...Rare opportunity to purchase a 4-unit multi-family building with tenants who pay on time currently in place! Located in the quaint and unique Town of Quantico right along the Potomac River, connected to Quantico Marine Corps Base, and a commute stop for the Virginia Rail Express. Each unit has a different layout. Unit 101 is a 1 bed/1bath. Unit 102 is a 2 bed/1 bath. Unit 201 is a 2 bed/1 bath. Unit 202 is a 2 bed/1 bath. All units have stainless appliances and granite counters in both kitchen and baths and come with an off-street parking spot for each unit. Water and trash are included in the rent. Tenants pay electric and gas. Current total rent income is $4450 and could easily be raised. Two of the occupants have been there for many years and are not paying the max market rate. All tenants are on a 12-month lease with a 60-day notice required to negotiate a renewal or vacate at the end of the lease term. Serious, qualified investors only please.
  1. Listed by Angela L. McDaniel • Command Properties
    P: 7036776902 angie@commandproperties.com

Property Details for 281 4th Avenue

Tax ID Number
8287-95-1857
Ownership
Fee Simple
Structure Type
Other
Style
Unit/Flat
Waterfront
No
Garage
No
Expected On Market Date
05-24-2024
Legal Subdivision
QUANTICO TOWN OF

Location

Listing Courtesy of Command Properties
Add your commute
LISTING UPDATED: 06/06/2024 09:37 AM

Property Details for 281 4th Avenue

StatusActive Under Contract
MLS #VAPW2071026
Days on Market14
Taxes$5,218 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1940
Lot Size0.09 AC / 4,125 SF
CountyPrince William County

Building

281 4th Ave

Built in 1940

Location

Listing Courtesy of Command Properties
Add your commute

Building Information for 281 4th Avenue

Stories-Residences-Year Built1940Building Size-Lot Size0.09 AC / 4,125 SF

Payment Calculator

$4,250 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,815

Property Taxes

$435

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 281 4th Avenue

Location
Location
  • In City Limits: No
  • School District Name: PRINCE WILLIAM COUNTY PUBLIC SCHOOLS
  • School District County ID: 121137431984
  • SchoolDistrictSource: Listing Agent
  • County: PRINCE WILLIAM
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $498,000
  • Year Assessed: 2023
  • County Tax: $4,811
  • Improvement Assessed Value: $407,200
  • City Town Tax: $0
  • Land Assessed Value: $90,800
  • Clean Green Assessed: No
  • Land Use Code: 084
  • Refuse Fee: $47
  • Zoning: T1
  • Tax Lot: 45
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance, Lawn/Shrub Care, Sewer, Taxes - Real Estate, Trash Collection, Water
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 4
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 0
Financial Information
Expenses
  • Operating Expense Includes: Trash, Insurance
Financial Information
  • Annual Rental Income: $53,400
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 2,880.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 25255668
Parking
Parking
  • Type Of Parking: Off Street, On Street
  • Off Street - # of Spaces: 4
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
  • Security Features: Main Entrance Lock
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Northern Virginia Association of REALTORS
  • List Agent URL: commandproperties.com

Property History for 281 4th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 281 4th Avenue

Taxable ValueLand$90,800Additions$407,200Total$498,000
Tax Record2023$4,823 ($402 / month)
Home Facts
Baths4Total Finished SqFt2,880 SqFtAbove Grade Finished SqFt2,880 SqFtStories1Lot Size4,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningTOWN: RES - 1CountyPRINCE WILLIAMAPN8287-95-1857

Schools near 281 4th Avenue

This home is within Prince William County Public Schools.
Rating
School
Type
Grades
Distance
Mary G. Porter Traditional
Public - 1 to 8
Potomac High School
Public - 9 to 12
Pennington School
Public - 1 to 8
Rating
School
Distance
Mary G. Porter Traditional
Public1 to 8

Potomac High School
Public9 to 12

Pennington School
Public1 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Command Properties

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 06/06/2024 09:37 AM