2102 Gallows Rd Unit #D, Vienna, VA 22182

$825,000

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List Price
$825,000
Days on Market
0
Status
ACTIVE
MLS#
VAFX2340954
Lot Size (Acres)
0.02
Year Built
1983
County
Fairfax
School District
Fairfax County Public Schools

Property Description

Full tenant occupied. Please call or text Annie Jin at 703-965-2437 to schedule a showing. Excellent Investment Opportunity with Stable Rental Income! Well-positioned two-level commercial condo in a busy office area, just minutes from Tysons Corner Mall, shopping, restaurants, and other amenities. The property features two separately occupied levels: First Level: Occupied by a medical doctor, with a 2% annual rent escalation. Upper Level: Occupied by a Massage & Spa Treatment Center, with a 3% annual rent escalation. Financial Highlights: Total Annual Rental Income: $61,080 Annual Property Tax: $9,548 Annual Condo Fee: $2,800 Current Occupancy: Fully occupied Built-in Rent Growth: 2% on the first level and 3% on the upper level A great opportunity for an investor looking for an income-producing property with established tenants, annual rent increases, and an excellent location near Tysons Corner.

Additional Information

Taxes
$9545
School District
Fairfax County Public Schools
Heating
Central
Heating Fuel
Central
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Fairfax Realty of Tysons. Contact: