Three-Bedroom
6001 ARLINGTON BOULEVARD Unit 423, Falls Church, VA 22044
For Sale
$329,000
Pending
Renovated residence with electricity, gas, and water covered by the condo fee.
Property Size1,279 SF
Days on Market84
Property Features for 6001 ARLINGTON BOULEVARD Unit 423
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
outdoor swimming pool
fitness center
tennis courts
basketball courts
barbecue and picnic areas
guest suites
Building Details
Building Size
Year Built
Listing Agency:
Keller Williams Realty
Listed By:
Orna Simpson · License #0225201771
(703) 786-6762
Source:
Canopy-re
Added: Aug 17
Changed: Nov 8
Last Checked: Nov 8 at 7:14AM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
This 1,279-square-foot corner condominium in Falls Church offers three bedrooms and two full bathrooms. Renovations completed in July 2026 include work in the kitchen and both bathrooms, along with new carpet, updated lighting, and fresh paint. The kitchen has granite countertops, stainless steel appliances, and a gas stove. A private balcony and open floor plan are also part of the residence.
The condo fee covers electricity, gas, and water. Building amenities include an outdoor pool, fitness center, tennis and basketball courts, barbecue and picnic areas, guest suites, and resident and guest parking.
The property is less than one mile from Seven Corners and minutes from the East Falls Church and West Falls Church Metro stations. I-66, I-495, and Route 50 are also nearby.
The condo fee covers electricity, gas, and water. Building amenities include an outdoor pool, fitness center, tennis and basketball courts, barbecue and picnic areas, guest suites, and resident and guest parking.
The property is less than one mile from Seven Corners and minutes from the East Falls Church and West Falls Church Metro stations. I-66, I-495, and Route 50 are also nearby.
Key Highlights
- 1,279‑square‑foot corner unit with three bedrooms and two full bathrooms
- Kitchen and bathrooms renovated in July 2026
- Condo fee includes electricity, gas, and water
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,145
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,900
$382.9K
Cap Rate 7%
$273,500
$273.5K
Cap Rate 9%
$212,722
$212.7K
Market Conditions
NOI Build-Up for 1,279 SF
Gross rent
$36.8K $28.80/SF
− Vacancy
−$2.0K −$1.58/SF
EGI
$34.8K $27.22/SF
− OpEx
−$15.7K −$12.25/SF
NOI
$19.1K $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%
$382,900
Cap Rate 7%
$273,500
Cap Rate 9%
$212,722
Alternative Uses
Best Use
Apartment 5plus
$273.5K
$239.3K – $319.1K
NOI $19,145 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.36M
$4.69M – $6.25M
NOI $375,287 @ 7.0% cap · market cap 114.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
868
Businesses Nearby
Explore this area
Business Placement
Demographics for 22044, VA
13,847
Population
5,495
Households
2.5
Avg Household Size
37
Median Age
50%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
6,594
Density / Sq Mi
$100,129
Median Household Income
$50,057
Median Earnings
$1,814
Median Rent
$711,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Renovated residence with electricity, gas, and water covered by the condo fee.
Where is this residential income property located?
The property is located at 6001 ARLINGTON BOULEVARD Unit 423 Falls Church, VA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 1,279‑square‑foot corner unit with three bedrooms and two full bathrooms; Kitchen and bathrooms renovated in July 2026; Condo fee includes electricity, gas, and water
