Residential Income Property with
For Sale
$348,000
6101 EDSALL ROAD Unit 1606, Alexandria, VA 22304
The condominium fee covers all utilities, and the unit includes dedicated parking and private basement storage.
Property Size1,263 SF
Price / SF$275.53
Days on Market15
Property Features for 6101 EDSALL ROAD Unit 1606
General Information
Standard status
Active
Size
1,263 SF
Total Parking Spaces
1
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Neighborhood
Landmark/Van Dorn
Public Transit
Yes
Units
Unit Mix
2bd/2ba
Multifamily Units
1
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$3,967
Amenities
pool
tennis courts
sauna
gym facilities
community rooms
on-site management
in-unit washer-dryer
balcony
Building Details
Building Size
1,263 SF
Year Built
1975
Listing Agency:
Compass
Listed By:
Amanda J Provost · License #0225232715
(240) 515-6399
Source:
Canopy-re
Added: Oct 14
Changed: Oct 26
Last Checked: Oct 26 at 1:04PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,405-square-foot residential income property is a two-bedroom, two-bathroom condominium with an open floor plan and a nearly 40-foot balcony. The unit has fresh paint, recently cleaned carpets, an upgraded washer-dryer from 2025, and HVAC updated in 2022. A dedicated parking space, F-10, and private basement storage unit, #111, are included. The building was constructed in 1975, and the condominium fee covers all utilities.
Residents have access to an in-ground pool, tennis courts, a sauna, gym facilities, community rooms, and on-site management. The property is near the Van Dorn Street Metro station on the Blue Line. Building renovations, including elevator work, were projected for completion by year-end, and the seller has paid the unit’s special assessment in full.
Residents have access to an in-ground pool, tennis courts, a sauna, gym facilities, community rooms, and on-site management. The property is near the Van Dorn Street Metro station on the Blue Line. Building renovations, including elevator work, were projected for completion by year-end, and the seller has paid the unit’s special assessment in full.
Key Highlights
- 1,405‑square‑foot unit with two bedrooms and two bathrooms
- Nearly 40‑foot balcony
- Washer‑dryer upgraded in 2025; HVAC updated in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,361
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,220
$387.2K
Cap Rate 7%
$276,586
$276.6K
Cap Rate 9%
$215,122
$215.1K
Market Conditions
NOI Build-Up for 1,263 SF
Gross rent
$37.1K $29.40/SF
− Vacancy
−$1.9K −$1.53/SF
EGI
$35.2K $27.87/SF
− OpEx
−$15.8K −$12.54/SF
NOI
$19.4K $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%
$387,220
Cap Rate 7%
$276,586
Cap Rate 9%
$215,122
Alternative Uses
Best Use
Apartment 5plus
$276.6K
$242.0K – $322.7K
NOI $19,361 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$701.5K
$613.8K – $818.4K
NOI $49,105 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,307
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - The condominium fee covers all utilities, and the unit includes dedicated parking and private basement storage.
Where is this residential income property located?
The property is located at 6101 EDSALL ROAD Unit 1606 Alexandria, VA.
What is the asking price?
The asking price for this property is $348,000.
What are key features of this property?
This property features: 1,405‑square‑foot unit with two bedrooms and two bathrooms; Nearly 40‑foot balcony; Washer‑dryer upgraded in 2025; HVAC updated in 2022
