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Key Details
Sold Price $285,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,332 sqft
Price per Sqft $213
Subdivision Irongate
MLS Listing ID VAPW2080520
Sold Date 10/17/24
Style Colonial
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Fees $58/qua
HOA Y/N Y
Abv Grd Liv Area 1,332
Originating Board BRIGHT
Year Built 1970
Annual Tax Amount $2,906
Tax Year 2024
Lot Size 1,459 Sqft
Acres 0.03
Property Description
Attention, savvy investors! Looking for a low-maintenance, high-potential rental property? Check out 8115 Community Dr in Manassas. This 3-bedroom, 1.5-bath townhouse is already set up for success. With strong rental comps in the area, this home is projected to generate $2,100 to $2,400 per month in rent once renovated. That’s a fantastic cap rate of around 7.85%, making it a great income generator. The roof is about 5 years old, the water heater is 2020, and HVAC is 2014. All that's left is for you to put your personal touch on it.
Located in a community with easy access to shops, restaurants, and commuter options, this property checks all the boxes for tenants. The Irongate neighborhood is known for its community feel and convenience, appealing to a broad range of renters, from young professionals to small families.
This is your chance to secure a property with built-in income potential.
Location
State VA
County Prince William
Zoning R6
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 1.0
Water Access N
Accessibility None
Total Parking Spaces 1
Garage N
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Prince William County Public Schools
Others
Senior Community No
Tax ID 7696-88-9210
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Mohammad Haroon Waheed • Simplist