8115 Community Dr, Manassas, VA 20109

$285,000
3
BD
2
BA
1,332
SqFt

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Sold Price
$285,000
List Price
$320,000
Closing Date
Oct 17, 2024
MLS#
VAPW2080520
Year Built
1970
Status
CLOSED
Type
Townhome
Bedrooms
3
Baths All
2
Baths Full
1
Baths Half
1
Living Area
1,332
Lot Size
1,459
County
Prince William
Subdivision
Irongate

Property Description

Attention, savvy investors! Looking for a low-maintenance, high-potential rental property? Check out 8115 Community Dr in Manassas. This 3-bedroom, 1.5-bath townhouse is already set up for success. With strong rental comps in the area, this home is projected to generate $2,100 to $2,400 per month in rent once renovated. That’s a fantastic cap rate of around 7.85%, making it a great income generator. The roof is about 5 years old, the water heater is 2020, and HVAC is 2014. All that's left is for you to put your personal touch on it. Located in a community with easy access to shops, restaurants, and commuter options, this property checks all the boxes for tenants. The Irongate neighborhood is known for its community feel and convenience, appealing to a broad range of renters, from young professionals to small families. This is your chance to secure a property with built-in income potential.

Additional Information

Other Structures
Above Grade, Below Grade
Style
Colonial
Cooling
Central Air
Heating
Forced Air
Water
Public
HOA Fee
$174
Possession
Immediate
Days on Market
7
Acres
0.03
Ownership
Fee Simple

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Calculator source: Real Geeks

Listing courtesy of Pearson Smith Realty, LLC. Contact:

Selling Office: Simplist.