Residential Income Property with
For Sale
$290,000
5911 EDSALL ROAD Unit 614, Alexandria, VA 22304
Renovated kitchen and baths complement a two-bedroom layout with a balcony.
Property Size1,002 SF
Price / SF$289.42
Days on Market103
Property Features for 5911 EDSALL ROAD Unit 614
General Information
Standard status
Active
Size
1,002 SF
Total Parking Spaces
2
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Landmark/Van Dorn
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,506
Amenities
Tennis Court
Fitness Center
Outdoor swimming Pool
Sauna
Dog walk trail
Concierge
Building Details
Building Size
1,002 SF
Year Built
1978
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Jul 18
Changed: Oct 27
Last Checked: Oct 26 at 3:58PM
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 1,002-square-foot condo has two bedrooms, a balcony, and a two-car garage. Renovations include plank flooring, a kitchen with granite countertops and stainless steel appliances, and an ensuite bathroom with a stone-tile shower and updated vanity. Large windows bring natural light into both bedrooms, and the primary bedroom has views described as expansive.
The community provides a fitness center, tennis court, outdoor pool, sauna, dog-walking trail, elevator, and 24-hour concierge service. Water, trash, heat, central air, sewer, and snow removal are also listed among the included services. Bus service and a Metro station are within walking distance, while major highways are a three- to four-minute drive away. Shopping and dining options are also within walking distance.
The community provides a fitness center, tennis court, outdoor pool, sauna, dog-walking trail, elevator, and 24-hour concierge service. Water, trash, heat, central air, sewer, and snow removal are also listed among the included services. Bus service and a Metro station are within walking distance, while major highways are a three- to four-minute drive away. Shopping and dining options are also within walking distance.
Key Highlights
- 1,002‑square‑foot condo with two bedrooms and a balcony
- Two‑car garage
- Renovated kitchen with granite counters and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,360
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,200
$307.2K
Cap Rate 7%
$219,429
$219.4K
Cap Rate 9%
$170,667
$170.7K
Market Conditions
NOI Build-Up for 1,002 SF
Gross rent
$29.5K $29.40/SF
− Vacancy
−$1.5K −$1.53/SF
EGI
$27.9K $27.87/SF
− OpEx
−$12.6K −$12.54/SF
NOI
$15.4K $15.33/SF
Area
Alexandria, VA
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,200
Cap Rate 7%
$219,429
Cap Rate 9%
$170,667
Alternative Uses
Best Use
Apartment 5plus
$219.4K
$192.0K – $256.0K
NOI $15,360 @ 7.0% cap · market cap 5.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$556.5K
$487.0K – $649.3K
NOI $38,958 @ 7.0% cap · market cap 13.43%
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
1,495
Businesses Nearby
Explore this area
Business Placement
Demographics for 22304, VA
49,237
Population
24,654
Households
2
Avg Household Size
37
Median Age
59%
College-Educated
94%
High-School Grad
4.8 sq mi
ZIP Area
10,258
Density / Sq Mi
$97,629
Median Household Income
$64,929
Median Earnings
$1,934
Median Rent
$496,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Renovated kitchen and baths complement a two-bedroom layout with a balcony.
Where is this residential income property located?
The property is located at 5911 EDSALL ROAD Unit 614 Alexandria, VA.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: 1,002‑square‑foot condo with two bedrooms and a balcony; Two‑car garage; Renovated kitchen with granite counters and stainless steel appliances
