2301 S 6th S Street, Arlington, VA 22204
- $1,826,800
- Sold Price
- $1,826,800
- List Price
- $1,795,000
- Closing Date
- Nov 24, 2025
- Days on Market
- 24
- Status
- CLOSED
- MLS#
- VAAR2062360
- Lot Size (Acres)
- 0.19
- Year Built
- 1959
- County
- Arlington
- School District
- Arlington County Public Schools
Property Description
Prime Multi-Family Investment Opportunity. Fully leased 5-unit garden-style building in sought after Penrose. Excellent upside - potential for added value in converting the garage into an efficiency apartment, and/or modernize the units, to bring the rent up to market rate. Currently leased below comps in the neighborhood. Current NOI of approx. $95,346/yr. (cap rate: 5.31%). Could be ideal for owner occupancy with additional rental apartments. Consisting of 5 apartments – 4 units with 2br./1ba. and 1 unit with 3br./1.5ba. Amenities include 6 off-street parking spaces, laundry room, storage room. Many recent updates (see agent for a full list). The property has been under the same family ownership for over 45 years. Just minutes to the Pentagon, Amazon HQ2, Washington DC, Reagan National Airport. Sold in As-Is condition.
Additional Information
- Subdivision
- Penrose
- Taxes
- $14054
- School District
- Arlington County Public Schools
- Elementary School
- Alice West Fleet
- Middle School
- Jefferson
- High School
- Wakefield
- Heating
- Wall Unit
- Heating Fuel
- Electric
- Cooling
- Wall Unit
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Arlington Realty, Inc.. Contact:
Selling Office: .