4206 WASHINGTON Blvd, Arlington, VA 22201

This four-unit multifamily property is located two blocks from the Ballston MU Metro Station. The property features two 3-bedroom units, one 1-bedroom unit, and one efficiency unit. The gross rent is $138,840, with a Net Operating Income (NOI) of $118,393. In 2021, the property underwent significant capital improvements, including kitchen renovations, bathroom renovations, flooring, systems, and roof upgrades. Unit 1 is a 3-bedroom middle-level unit, approximately 1,089 square feet, rented for $3,800 per month through August 31, 2026. It includes a renovated kitchen, renovated bathroom, and in-unit laundry. Unit 2 is a 3-bedroom upper-level unit, approximately 1,089 square feet, rented for $3,900 per month through June 30, 2026, and also features a renovated kitchen, renovated bathroom, and in-unit laundry. Unit 3 is an efficiency lower-level unit, approximately 400 square feet, rented for $1,320 per month through March 1, 2027, and includes a modest kitchen. Unit 4 is a 1-bedroom lower-level unit, approximately 600 square feet, currently marketed for $2,200 per month. It includes a renovated kitchen with a bar island and stainless steel appliances, a renovated bathroom, and in-unit laundry. The property includes off-street parking for three cars, plus a detached two-car garage. The location is very bikeable with a bike score of 88, and a walker's paradise with a walk score of 95, and has excellent transit with a transit score of 73.