Mid-Atlantic Real Estate Investments Inc.
Listed by Mid-Atlantic Real Estate Investments Inc.
$955,000
214 Broadway Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,100
Units 3
Beds 2
NOI $66,809
Occupancy 100%
Tenancy Multi
Buildings 2
Acreage 0.074
Zoning Town Residential
Investment Type Stabilized
Multifamily | 3 Units
Marketing description
This fully occupied multifamily property at 214 Broadway Street in Quantico, Virginia offers three total rental units generating strong income. The property consists of a front single-family home with 2 bedrooms and 1 bathroom, newly renovated with hardwood floors throughout and a new HVAC system installed in 2026, currently rented for $2,400 per month. The detached duplex includes two separate 2 bedroom, 1 bathroom units, each with its own washer and dryer, averaging approximately $2,000 per month per unit in rental income. With separate living spaces providing multiple income streams and desirable unit layouts featuring in-unit laundry throughout, this property offers potential gross rental income of up to $6,800 per month.
Investment highlights
- Three total rental units on one property
- Separate living spaces provide multiple income streams
- Desirable unit layouts with in-unit laundry throughout
- Updated HVAC system in the main residence
- Potential gross rental income of up to $6,800 per month
Listing Contacts
Mid-Atlantic Real Estate Investments Inc.
Listed by Mid-Atlantic Real Estate Investments Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$66,808.79
$5,567.40/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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