Updated One-Bedroom Residential
For Sale
$275,000
6 ASHBY STREET Unit A, Alexandria, VA 22305
Updated kitchen and bathroom finishes complement a private kitchen entrance from the parking area.
Property Size700 SF
Price / SF$392.86
Days on Market20
Property Features for 6 ASHBY STREET Unit A
General Information
Standard status
Active
Size
700 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Potomac West
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,151
Building Details
Building Size
700 SF
Year Built
1939
Listing Agency:
Compass
Listed By:
Jordan Beck · License #SP200200511
(202) 436-2822
Source:
Jackrealtygroup
Added: Oct 9
Changed: Oct 27
Last Checked: Oct 26 at 3:37PM
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 Compass
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Investment Insights
Based on property information with market context.
This one-bedroom, one-bath residence offers 700 square feet of interior space in a building constructed in 1939. Hardwood floors, newer windows, and a PTAC unit installed in the bedroom in 2025 are among its features. The kitchen has quartz countertops, stainless steel appliances, and new flooring; the bathroom has updated tile and a new vanity. A separate kitchen entrance connects directly to the parking lot. Washer and dryer installation is subject to condominium approval, and a private patio may be created, subject to applicable approval.
The property is in Auburn Village in Alexandria, near Potomac Yard shopping, restaurants, entertainment, and a Metro station. The location also provides access to major commuting routes, Ronald Reagan National Airport, Old Town Alexandria, Del Ray, National Landing, and Washington, D.C.
The property is in Auburn Village in Alexandria, near Potomac Yard shopping, restaurants, entertainment, and a Metro station. The location also provides access to major commuting routes, Ronald Reagan National Airport, Old Town Alexandria, Del Ray, National Landing, and Washington, D.C.
Key Highlights
- One‑bedroom, one‑bath residence with 700 square feet
- Bedroom PTAC unit installed in 2025
- Kitchen features quartz countertops, stainless steel appliances, and new flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,730
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,600
$214.6K
Cap Rate 7%
$153,286
$153.3K
Cap Rate 9%
$119,222
$119.2K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$20.6K $29.40/SF
− Vacancy
−$1.1K −$1.53/SF
EGI
$19.5K $27.87/SF
− OpEx
−$8.8K −$12.54/SF
NOI
$10.7K $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%
$214,600
Cap Rate 7%
$153,286
Cap Rate 9%
$119,222
Alternative Uses
Best Use
Apartment 5plus
$153.3K
$134.1K – $178.8K
NOI $10,730 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$388.8K
$340.2K – $453.6K
NOI $27,216 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,284
Businesses Nearby
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Business Placement
Demographics for 22305, VA
17,849
Population
8,028
Households
2.2
Avg Household Size
34
Median Age
59%
College-Educated
83%
High-School Grad
1.3 sq mi
ZIP Area
13,730
Density / Sq Mi
$109,124
Median Household Income
$64,012
Median Earnings
$1,902
Median Rent
$817,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated kitchen and bathroom finishes complement a private kitchen entrance from the parking area.
Where is this residential income property located?
The property is located at 6 ASHBY STREET Unit A Alexandria, VA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: One‑bedroom, one‑bath residence with 700 square feet; Bedroom PTAC unit installed in 2025; Kitchen features quartz countertops, stainless steel appliances, and new flooring
