Details

Property Description

This fully leased, six-unit multifamily building offers investors an established residential asset with an NOI of $99, 591.20. The property includes five 1 BD / 1 BA apartments and one 2 BD / 1 BA apartment, providing two unit types within a manageable six-unit building. Each apartment is all-electric and separately metered. With tenants in place and income already established, the property offers an immediate opportunity to add a performing multifamily asset to an investment portfolio. Located in the heart of Old Town Manassas, the property offers walkable access to shops, restaurants, and community amenities, along with proximity to the Prince William County Courthouse and the VRE commuter station. Its central location provides excellent connectivity via Rt. 28 and Rt. 234, with quick access to I-66 and surrounding employment centers. Ongoing revitalization, strong tenant demand, and convenient transportation make this an ideal setting for long-term residential investment. The property is located within a Qualified Opportunity Zone, offering potential tax advantages for investors.