Two-Bedroom Income
For Sale
$209,999
3601 5TH STREET S Unit 210, Arlington, VA 22204
Heating, electricity, gas, and water are included in the condominium fee, along with access to shared amenities.
Property Size966 SF
Price / SF$217.39
Days on Market65
Property Features for 3601 5TH STREET S Unit 210
General Information
Standard status
Active
Size
966 SF
Total Parking Spaces
3
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Arlington Heights
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,585
Amenities
community-only pool
common laundry facilities
storage cage
electric car charger
24/7 secure access
reserved motorcycle parking space
Building Details
Building Size
966 SF
Year Built
1958
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Aug 25
Changed: Oct 27
Last Checked: Oct 26 at 3:53PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This 966-square-foot condominium has two bedrooms and one full bathroom. The kitchen and bathroom have been updated, and LVT flooring and LED light fixtures were installed in 2024. Large windows serve the main rooms, while the semi-open living, dining, and kitchen areas create a connected interior layout. The unit is on the building’s main entry level, and an elevator serves lower-level amenities. A storage cage is also included.
Building amenities include a community pool, shared laundry facilities with Wi-Fi-enabled machines, and secure building access. The condominium fee covers heat, electricity, gas, and water. The property was built in 1958 and is in Arlington, with access to ART and WMATA bus routes, Columbia Pike, and I-395. Several Orange Line Metro stations are less than five miles away.
Building amenities include a community pool, shared laundry facilities with Wi-Fi-enabled machines, and secure building access. The condominium fee covers heat, electricity, gas, and water. The property was built in 1958 and is in Arlington, with access to ART and WMATA bus routes, Columbia Pike, and I-395. Several Orange Line Metro stations are less than five miles away.
Key Highlights
- 966‑square‑foot condominium with two bedrooms and one full bathroom
- Kitchen and bathroom updates; LVT flooring and LED lighting added in 2024
- Main entry‑level unit with elevator access to lower‑level amenities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,536
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,720
$290.7K
Cap Rate 7%
$207,657
$207.7K
Cap Rate 9%
$161,511
$161.5K
Market Conditions
NOI Build-Up for 966 SF
Gross rent
$27.8K $28.80/SF
− Vacancy
−$1.4K −$1.44/SF
EGI
$26.4K $27.36/SF
− OpEx
−$11.9K −$12.31/SF
NOI
$14.5K $15.05/SF
Area
Arlington, VA
Vacancy
5.00%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$290,720
Cap Rate 7%
$207,657
Cap Rate 9%
$161,511
Alternative Uses
Best Use
Apartment 5plus
$207.7K
$181.7K – $242.3K
NOI $14,536 @ 7.0% cap · market cap 6.92%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$536.5K
$469.5K – $626.0K
NOI $37,558 @ 7.0% cap · market cap 17.88%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,314
Businesses Nearby
Explore this area
Business Placement
Demographics for 22204, VA
52,761
Population
24,128
Households
2.2
Avg Household Size
35
Median Age
62%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
12,869
Density / Sq Mi
$109,277
Median Household Income
$73,091
Median Earnings
$1,871
Median Rent
$672,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Heating, electricity, gas, and water are included in the condominium fee, along with access to shared amenities.
Where is this residential income property located?
The property is located at 3601 5TH STREET S Unit 210 Arlington, VA.
What is the asking price?
The asking price for this property is $209,999.
What are key features of this property?
This property features: 966‑square‑foot condominium with two bedrooms and one full bathroom; Kitchen and bathroom updates; LVT flooring and LED lighting added in 2024; Main entry‑level unit with elevator access to lower‑level amenities
