40 E Reed Ave, ALEXANDRIA, VA

$425,000

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2

Beds

1

Bath

680

Square feet

0.06

Acres

About 40 E Reed Ave

INVESTORS ALERT! Seize the opportunity to acquire a semi-detached 2-bedroom, 1-bathroom home walking distance to Del Ray, Potomac Yard Shopping Center, public transportation including the new Potomac Yard/VT metro station, close to Amazon HQ2, National Reagan airport, Pentagon/Pentagon City, and DC. The property is nestled on a flat landscaped and fenced lot. Updates in 2019 included new kitchen cabinets, new mosaic ceramic/glass backsplash, new stainless-steel appliances, and a renovated bathroom, which they are still in good condition. Unfortunately, hidden roof leaks and a sudden broken pipe in the front crawl space area damaged most of the hardwood flooring and some dry wall in the upper level. The property has presence of mold mainly in the basement area and some in the upper level as well. With such a convenient location and with no HOA fees, this gem in the works will shine again once you address needed repairs. It has potential to be transformed into a first-time primary home, a rental investment property, or a rehab project with resale value. Due to its condition, the property is sold AS IS and seller is currently requesting cash offers or rehab loans only and a quick settlement. There will be two open houses on Sat 7/20/2024 and Sun 7/21/2024 from 2-4 pm. Please bring your masks and flashlights to inspect the basement. Please watch your steps when walking inside the house as wood floors are uneven. Do not open storm door going from the back bedroom to the deck. It is stuck and it does not open. Deadline to submit offers is set for Tuesday, July 16th at 5 pm. Seller reserves the right to accept or reject any and/or all offers. Pictures will be uploaded soon.

Features of 40 E Reed Ave

MLS® # VAAX2035670
Price $425,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 680
Acres 0.06
Year Built 1947
Type Residential
Sub-Type Twin/Semi-Detached
Style Rancher
Status Active

Community Information

Address 40 E Reed Ave
Subdivision BEAUMONT
City ALEXANDRIA
County ALEXANDRIA CITY-VA
State VA
Zip Code 22305

Amenities

Is Waterfront No

Interior

Appliances Stainless Steel Appliances, Built-In Microwave, Disposal, Dryer, Oven/Range-Electric, Refrigerator, Washer
Heating Forced Air
Cooling Central A/C
Has Basement Yes
Basement Outside Entrance, Rear Entrance, Unfinished, Walkout Level
Fireplace No
# of Stories 1
Stories 1 Story

Exterior

Exterior Frame
Exterior Features Deck(s)
Foundation Crawl Space

School Information

District ALEXANDRIA CITY PUBLIC SCHOOLS
High T.C. WILLIAMS

Additional Information

Zoning CDD#7
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFairfax Realty of Tysons

Listing Map

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