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34532547

750 North George Mason Drive, Arlington, VA 22203 For Sale

HR
VA 0225187828
Riggs & Co Team of Compass
Listed by Riggs & Co Team of Compass
$1,267,000
1 day on market
Updated 1 day ago

750 North George Mason Drive

Details
Property Type Multifamily
Sub Type Student Housing, Single Family Rental Portfolio
Square Footage 4,273
Units 1
NOI $66,000
Tenancy Vacant
Rent Bumps Yes
Year Built 1940
Acreage 0.150
Parking Spaces 3 spaces
Parking per 1,000 SqFt 0.70
Investment Type Owner/User

About This Property for Sale

Marketing description

Unique income-producing opportunity in Arlington. This property is legally a single-family residence but offers an exceptionally flexible floor plan with multiple private bedroom suites and five full bathrooms. Historically used for long-term room rentals, the home presents attractive opportunities for owner-occupants, house hackers, executive shared housing, student housing (subject to local regulations), or investors seeking strong rental demand near Ballston, Virginia Hospital Center, Marymount University, and major employment centers. Buyers should verify all intended uses, zoning requirements, and occupancy regulations with Arlington County.

Designed for flexibility, the home features multiple private living areas, spacious bedroom suites, several gathering spaces, a kitchenette, a finished lower level with separate access, abundant storage, off-street parking, and EV charging capability.

The property has a proven history as an income-producing asset, with documented gross rental income ranging from approximately $32,000 to $48,000 annually over recent years and averaging approximately $5,500 per month immediately prior to being offered for sale. Historical rental information is available for buyer review.

Recent improvements include extensive interior painting, drywall and plaster repairs, bathroom refinishing, basement enhancements, exterior maintenance, and professional servicing of both HVAC systems in June 2026, providing added peace of mind for the next owner.

Whether you're looking for a spacious primary residence, a home that can help offset ownership costs, space for extended family, or a long-term investment in one of Arlington's most desirable neighborhoods, this property offers exceptional versatility and future potential.

Square footage is approximate. Buyers should independently verify square footage, zoning, rental regulations, occupancy requirements, and all intended uses with Arlington County.

Investment highlights

🏑 Arlington Investment Opportunity | Ballston / Bluemont | $1,267,000

Looking for a property that can do more than just appreciate?

Welcome to 750 N George Mason Dr, Arlington, VA 22203.

This isn't your typical Arlington home. It's a flexible property that has historically generated approximately $32,000 to $48,000 in annual rental income, with recent income exceeding $5,100 per month before being listed for sale. Rental history is available for qualified buyers.

Why investors are taking a closer look:

βœ… Approximately 4,273 sq. ft.

βœ… 6 bedrooms | 5 full bathrooms

βœ… Multiple private living areas

βœ… Excellent setup for house hacking or multigenerational living

βœ… Minutes to Ballston Metro, Ballston Quarter, Virginia Hospital Center, Marymount University, and Washington, DC

βœ… Private driveway with off-street parking

βœ… Numerous recent updates including interior improvements and professionally serviced HVAC systems (June 2026).

Great fit for:

β€’ House Hackers

β€’ Buy-and-Hold Investors

β€’ Traveling Nurse / Mid-Term Rental Operators

β€’ Multigenerational Families

β€’ Parents purchasing housing for college students

β€’ Professionals who want to offset their mortgage with rental income

Whether you're looking to generate cash flow, build long-term equity, or own a home that helps pay for itself, this property offers a rare level of flexibility in one of Arlington's most desirable locations.

πŸ“750 N George Mason Dr

Arlington, VA 22203

πŸ’²Offered at $1,267,000

πŸ“„ Investor package, rental history, and additional property information are available upon request.

πŸ“ž Message me directly or call/text Herbert Riggs, Compass at 703-966-2647 to schedule a private showing or request the investor packet.

Buyer should independently verify zoning, rental regulations, occupancy requirements, square footage, and intended use with Arlington County.

Listing Contacts

HR
VA 0225187828
Riggs & Co Team of Compass
Listed by Riggs & Co Team of Compass

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$66,000.00
$5,500.00/mo

Valuation Metrics

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DSCR
5.21%
Cap Rate
5.21%
ROI

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Additional Information

Name
Herbert Riggs
License
0225187828
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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