2 Fletcher Road
Property Description
Excellent investment opportunity at 2 & 4 Fletcher Road in Fairfax! This well-maintained, fully occupied six-unit property offers immediate income with additional potential for rental growth. The property features a five-unit apartment building originally constructed in 1880, along with a separate single-family home built in 2023, offering an attractive combination of historic character and modern construction. Currently generating $92,100 in annual gross rental income, with room to increase rents, this property presents an appealing opportunity for investors looking to expand their portfolio. Ample on-site parking provides convenience for residents, while the combination of five apartments and a newer standalone home offers a diversified rental mix. With all six units occupied and income already in place, this is an opportunity to acquire an established income-producing property with potential for increased returns. Whether you're a seasoned investor or looking to grow your real estate holdings, 2 & 4 Fletcher Road deserves a closer look!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $799,000 |
| No. of Units: | 6 |
| Year Built: | 1880 |
| Lot Size: | 4,913.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $133,167 |
| Property Website | Click Here |
| Number of Bedrooms: | 11 |
| Number of Bathrooms: | 7 |
ID: 3yd-NNERENNH-5114944
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