6716 Whittier Avenue
Mclean, Virginia

MLS#: VAFX2212412

$1,299,000 USD

The details

Property features

Construction details

  • Year built: 1981

Other features

  • Cooling system: Central AC
  • Heating system: Forced Air

Description

This building is a solid investment opportunity, especially with its prime corner location, dual access points, and strong visibility. Here's a summary of the key financial aspects for potential investors:Total Rental Income: $120,000/yearAnnual Expenses:HOA: $1,560/year ($130/month)Property Taxes: $10,800/yearTotal Expenses: $12,360/yearNet Operating Income (NOI): $107,640/year ($120,000 - $12,360)The property's corner position and high visibility can be a major selling point for investors looking to attract and retain tenants.

Location

Mclean, Virginia
Courtesy of Marc Lapointe CENTURY 21 Redwood Realty