524 QUEEN STREET, Alexandria, VA 22314

$2,595,900

Overview

Property ID: VAAX2052278

Quadruplex, Residential Income
Property Type

1840
Year Built

VAAX2052278
MLS#

Description

Rarely available, fully renovated, 4-unit, multi-family historic townhouse in the heart of Old Town. 2 blocks from King St & 5 blocks to the Waterfront. This amazing investment opportunity is perfect for the investor who would like to rent all 4 units, or someone who needs a pied-a-terre while renting the other units, or for the investor who wants to Air BnB all or some of the units. This light filled property features a JR 1br studio, two 1br units & a lovely 2br/2.5ba, two level unit with gas fireplace & private patio. All 4 units have been updated to have new kitchens & new baths. Painted from top to bottom. Other features include the original wide plank wood flooring, all of which have been refinished, newly added recessed lighting throughout & high ceilings. Newly added mini-split systems to unit 1, 2, & 3. Unit 4 is serviced by a separate heat pump distribution system for heating & cooling. There are two water heaters (replaced in 2021 & 2023) that service the building. In the basement you will also find assigned storage for each unit & two laundry centers to be shared by units 1, 2, & 3; while unit 4 has its own laundry stack. Don’t miss this exquisite opportunity!