Bolling Brook Condo Just Sold at 3240 28th Street

3240 28th street

Affordable homes for first-time homebuyers in Alexandria VA are hard to find.  With help from non-profit organizations like Rebuilding Together Alexandria, there is more inventory of move-in ready affordable homes.

Rebuilding Together Alexandria has just purchased the short sale property at 3240 28th Street Unit 202 in Bolling Brook.  This two bedroom condo was an Alexandria VA short sale.  Once this short sale was approved by the bank and creditors, we had the green light to close.  Now, the rehab process can begin. 

This property will now get a facelift to bring it back to life.  Changes and upgrades can include new flooring, new kitchen appliances, fresh paint, new windows and doors, and new bathroom fixtures and upgrades.  In many of the homes, Rebuilding Together Alexandria will also replace heating and air equipment and water heaters.

But these homes aren't your typical 'flip'.  The work is done with the help of volunteers, and the properties are relisted, and made available only to first-time homebuyers.  Since Rebuilding Together Alexandria is a non-profit organization, the list price of the homes are based on the previous purchase price plus the cost of rehab.

So stay tuned, this home will be back on the market.  If you are currently renting, and either live or work in the City of Alexandria, give me a call at 703-623-8759 to see if you qualify.  In partnership with the Office of Housing, these homes are available on a first-come first-serve basis, no bidding up the sales price like in open market listings.