40 E Reed Avenue
Alexandria, VA 22305
- 2 beds
- 1 bath
- 680 sqft
- 2,625 sqft lot
- $625 per sqft
- 1947 build
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INVESTORS ALERT! Seize the opportunity to acquire a semi-detached 2-bedroom, 1-bathroom home walking distance to Del Ray, Potomac Yard Shopping Center, public transportation including the new Potomac Yard/VT metro station, close to Amazon HQ2, National Reagan airport, Pentagon/Pentagon City, and DC. The property is nestled on a flat landscaped and fenced lot. Updates in 2019 included new kitchen cabinets, new mosaic ceramic/glass backsplash, new stainless-steel appliances, and a renovated bathroom, which they are still in good condition. Unfortunately, hidden roof leaks and a sudden broken pipe in the front crawl space area damaged most of the hardwood flooring and some dry wall in the upper level. The property has presence of mold mainly in the basement area and some in the upper level as well. With such a convenient location and with no HOA fees, this gem in the works will shine again once you address needed repairs. It has potential to be transformed into a first-time primary home, a rental investment property, or a rehab project with resale value. Due to its condition, the property is sold AS IS and seller is currently requesting cash offers or rehab loans only and a quick settlement. There will be two open houses on Sat 7/13/2024 and Sun 7/14/2024 from 2-4 pm. Please bring your masks and flashlights to inspect the basement. Please watch your steps when walking inside the house as wood floors are uneven. Do not open storm door going from the back bedroom to the deck. It is stuck and it does not open. Deadline to submit offers is set for Tuesday, July 16th at 5 pm. Seller reserves the right to accept or reject any and/or all offers. Pictures will be uploaded soon.
Last checked:
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Last updated Oct 17, 2024
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MLS# VAAX2035670 —
The Building
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Year Built:1947
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Frame
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Structure Type:Twin/Semi-Detached
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Architectural Style:Ranch/Rambler
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Levels:1
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Accessibility Features:None
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Foundation Details:Crawl Space
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Basement:Yes
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Basement Type:Outside Entrance, Rear Entrance, Unfinished, Walkout Level
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:680
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Above Grade Finished SqFt Source:Estimated
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Estimated
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Below Grade Unfinished SqFt Source:Estimated
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:680
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Living Area SqFt:680 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, FHA 203(k), Other
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Buyer Financing:Cash
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Possession:Settlement
Location
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Directions:FROM I 395 TAKE S GLEBE RD EXIT, RIGHT ON RT 1, RIGHT ON E REED AVE, TO HOUSE ON THE RIGHT.
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Latitude:38.83702000
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Longitude:-77.05520000
The Property
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Property Type:Residential
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Property Condition:Major Rehab Needed, Average
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Lot Size Units:Square Feet
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Lot Size Acres:0.06
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Lot Size Source:Estimated
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Lot SqFt:2,625 Sqft
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Zoning:CDD#7
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In City Limits:Yes
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Outdoor Living Structures:Deck(s)
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:61
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (571) 224-4852
- Office phone:
- (703) 752-8660
Taxes
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Tax ID Number:14134000
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Tax Year:2013
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Tax Annual Amount:$4,017
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Tax Assessed Value:$375,368
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City/Town Tax:4017.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:2
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Bedrooms Main Level:2
Baths
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Total Baths:1
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Full Baths:1
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Main Level Baths:1.00
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Main Level Full Baths:1
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Stainless Steel Appliances, Built-In Microwave, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer
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Laundry Type:Dryer In Unit, Washer In Unit
Schools
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High School:T.C. WILLIAMS
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School District Name:Alexandria City Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Beaumont
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Senior Community:No
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Pool:No Pool
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/12/24
Aug 12, 2024
|
Sold | BRIGHT | $425,000 | |
7/17/24
Jul 17, 2024
|
Pending | BRIGHT | $425,000 | |
7/11/24
Jul 11, 2024
|
Listed / Active | BRIGHT | $425,000 |