Residential Income
For Sale
$335,000
111 CENTER STREET N Unit B-102, Vienna, VA 22180
Renovated one-bedroom condominium with private outdoor space, storage, a community pool, and multiple parking options.
Property Size785 SF
Price / SF$426.75
Days on Market41
Property Features for 111 CENTER STREET N Unit B-102
General Information
Standard status
Active
Size
785 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$4,431
Amenities
private outdoor space
community pool
storage
Building Details
Building Size
785 SF
Year Built
1966
Year Renovated
2017
Listing Agency:
EXP Realty, LLC
Listed By:
Christopher Craddock · License #0225207192
(703) 688-2635
Source:
Canopy-re
Added: Sep 21
Changed: Oct 29
Last Checked: Oct 31 at 1:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC
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Investment Insights
Based on property information with market context.
This 785-square-foot condominium offers one bedroom, one bathroom, and a single-level layout, with living and dining areas arranged in an open plan. The interior was renovated in 2016/2017. A private outdoor area extends from the living space, and the unit includes a dedicated storage bin. Residents have access to a community pool and two shared parking areas; one requires a resident permit, while the other does not. A three-car garage is reserved for unit owners, with spaces subject to availability.
The property is steps from historic Church Street in downtown Vienna, near restaurants, shops, cafes, and community events. Maple Avenue, Park Street, Lawyers Road, Route 123, and the Vienna Metro are also nearby. The condominium fee covers electricity, heat, air conditioning, water, sewer, and trash.
The property is steps from historic Church Street in downtown Vienna, near restaurants, shops, cafes, and community events. Maple Avenue, Park Street, Lawyers Road, Route 123, and the Vienna Metro are also nearby. The condominium fee covers electricity, heat, air conditioning, water, sewer, and trash.
Key Highlights
- 785‑square‑foot, one‑bedroom, one‑bath condominium
- Interior renovation completed in 2016/2017
- Private outdoor space and dedicated storage bin
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,751
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,020
$235.0K
Cap Rate 7%
$167,871
$167.9K
Cap Rate 9%
$130,567
$130.6K
Market Conditions
NOI Build-Up for 785 SF
Gross rent
$22.6K $28.80/SF
− Vacancy
−$1.2K −$1.58/SF
EGI
$21.4K $27.22/SF
− OpEx
−$9.6K −$12.25/SF
NOI
$11.8K $14.97/SF
Area
Fairfax County, VA
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,020
Cap Rate 7%
$167,871
Cap Rate 9%
$130,567
Alternative Uses
Best Use
Apartment 5plus
$167.9K
$146.9K – $195.9K
NOI $11,751 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.29M
$2.88M – $3.84M
NOI $230,337 @ 7.0% cap · market cap 68.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,399
Businesses Nearby
Explore this area
Business Placement
Demographics for 22180, VA
26,666
Population
10,013
Households
2.7
Avg Household Size
38
Median Age
76%
College-Educated
95%
High-School Grad
5.9 sq mi
ZIP Area
4,520
Density / Sq Mi
$181,467
Median Household Income
$90,369
Median Earnings
$2,335
Median Rent
$916,900
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Renovated one-bedroom condominium with private outdoor space, storage, a community pool, and multiple parking options.
Where is this residential income property located?
The property is located at 111 CENTER STREET N Unit B-102 Vienna, VA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 785‑square‑foot, one‑bedroom, one‑bath condominium; Interior renovation completed in 2016/2017; Private outdoor space and dedicated storage bin
