$1,200,000
PRICE IMPROVEMENT!! This charming Colonial-style home, built in 1940, presents a prime investment opportunity in the desirable Seminary Heights neighborhood. With a generous lot size of 0.32 acres, this property features additional lot, offering potential for expansion or development, which can significantly enhance its value. The home boasts three spacious bedrooms and one and a half bathrooms, making it suitable for various scenorios in the future.The full basement provides ample storage or the possibility for conversion into additional living space, further increasing potential. Key features include a classic brick exterior and hardwood flooring, which adds character and appeal. The property is situated on a corner lot with road frontage, enhancing visibility and accessibility, which is advantageous for future development or resale. Investors will appreciate the absence of a homeowners association fee, allowing for greater flexibility in property management. On-street parking is available, catering to investment needs without the burden of additional costs. The combination of its location, lot features, and structural integrity positions it as a lucrative opportunity for both immediate cash flow and long-term value growth.
3
Beds
⋅
2
Baths
2200 & 2202 Scroggins Rd, Alexandria
Listing courtesy of Mountains Edge Realty LLC. Contact: