ARV = $775K–$800K+ with added bed/bath.
Comps
- 3812 Alpine Dr – $760K (renovated rambler, 3/2, similar size)
- 3831 Paul St – $770K (modernized 3/2, finished basement)
- 3901 Larchwood Rd – $799K (expanded rambler, 3/2, high-end finishes)
DEAL AT A GLANCE
- ARV: $775K– $800K+
- Beds/Baths: 3 / 2 (1 full on main, 1 in basement; potential to reconfigure as 4/3 by adding a bedroom in the basement and a master bathroom).
- Above Grade: 1,232 sq ft
- Total Sq Ft: 2,434 sq ft
- Lot: 11,581 sq ft (0.27 acres, flat)
- Basement: Full, needs complete gut
- Year Built: 1955
- Subdivision: Sunset Manor
- Parking: Driveway
- Tax Assessment: $635,180
- Condition: Full rehab needed
WHY INVEST HERE?
Strong Land & Location Value:
Strong Land & Location Value:
- 0.27-acre flat lot in desirable Alexandria subdivision.
- Close-in commuter location with strong retail buyer demand.
Major Upside with Reconfiguration:
- Current 3/2 layout, but footprint supports a 4/3 remodel.
- ARV comps push to $800K+ with added bath and finished basement.
Investor-Grade Rehab Project:
- Perfect for experienced flippers
- High ceiling for value-add given comps and lot size.
PHOTO HIGHLIGHTS & VALUE NOTES
Exterior:
Exterior:
- Brick siding structurally sound, but ivy/vegetation against walls needs removal.
- Roof aged — likely near replacement.
- Driveway present; yard is large, flat, and highly marketable.
Interior (Main Level):
- Hardwood floors under clutter — salvageable with refinishing.
- Kitchen compact but rehab-ready; full modernization needed.
- Living & dining rooms open to backyard via glass doors.
Bedrooms:
- Three bedrooms with hardwood/carpet mix.
- Dated finishes but layout is functional.
Basement:
- Bathroom gutted.
- Requires full renovation
Systems:
- HVAC: Carrier furnace newer, but basement conditions compromise longevity.
- Water Heater: Rheem, New.
- Plumbing: Needs replacement
- Electrical: Needs replacement
EXIT STRATEGY
- Flip: Strong ARV in $750K–$800K range after full modernization.
- Buy & Hold: Viable rental post-rehab; location demand supports stability.
NEIGHBORHOOD SNAPSHOT
- Sunset Manor subdivision: highly desirable Alexandria neighborhood.
- Close to I-395, Pentagon, and DC.
- Low inventory + strong family buyer pool = quick retail absorption.
ARV: $775K–$800K+