706 N Cleveland

Arlington, VA 22201

$1,500,000

No longer for sale
6
Beds
3
Baths
2,962
Sq Ft
1968
Built
706 N Cleveland - Photo 1

About this home

Imagine mornings spent sipping coffee on your porch, the quiet hum of a vibrant neighborhood just beyond your doorstep. This Arlington home offers the space you need to breathe and the potential to create a thriving hub, whether you envision a multi-generational haven or a smart investment that supports your future. With Clarendon's energy only a short stroll away, you'll love the ease of connecting to everything that matters.

Listing details

This perfectly located property has an enormous backyard (the lot is 8,602 Sq Ft) and is about a half mile to Clarendon with it's metro stop, restaurants, coffee shops, etc. Fantastic opportunity to own a well-maintained multifamily building with a Total Rental Income of $107,400 Per Year, and an impressive CAP Rate of 5.71%, this property offers dependable rental income and strong tenant demand thanks to its close proximity to the Metro. The two upper units each have 2 bedrooms, and have been freshly painted. The 2 bedrooms in the basement unit have also been renovated, painted, and have new LVP floor and updated bathroom and kitchen areas, with quartz countertops, white cabinets, and stainless steel appliances. The shared laundry room has 2 sets of washers and dryers and the outside features a giant backyard with a storage shed. There are 4 off-street parking spots.

Features

Public SewerColonial3Central A/CForced AirAsphalt DrivewayYesBBQ GrillOtherSecure StorageSidewalks2nd KitchenBathroom - Tub ShowerDining AreaEntry Level BedroomFamily Room Off KitchenFloor Plan - OpenFloor Plan-TraditionalOtherUpgraded CountertopsWindow TreatmentsWood FloorsExcellentNatural GasSlabWashington-LibertyElectricNatural GasPublicNoneOtherJeffersonFront Yard, Landscaping, Level, Open, Premium, Rear Yard2,112Long BranchDishwasherDisposalDryerExhaust FanOven/Range - ElectricOven/Range - GasRange HoodRefrigeratorStainless Steel AppliancesWasherWater Heater

Location

Living in Arlington

Schools

SOL Pass Rate89%

Public schools

  • Yorktown High School
  • Washington-Liberty High School
  • Williamsburg Middle School

Commute

Drive to DC15 min
Nearest Metro0.3 mi
Rosslyn

Major Routes

I-66, I-395, Rt 50

Walkability

Walk Score69/100
Transit Score57/100
Bike Score72/100

Somewhat Walkable

Safety

Average

Near Virginia average

Violent crime1.4 per 1K
Property crime15.2 per 1K

Property Tax

Rate$1.01 per $100
2024

~$15,195/yr on median home

Includes $0.003 stormwater fee

Listed by David Cabo, Keller Williams Realty | (703) 915-4277 (broker)MLS# VAAR2066646

This home is no longer for sale

This listing has come off the market, so it cannot be bought through smover right now. The details below are kept for reference.

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Listing information is provided through IDX courtesy Keller Williams Capital Properties.

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