All-Electric 6-Unit
For Sale
$2,300,000
9351 East Street Manassas, Manassas, VA 20110
Fully leased six-unit building with separately metered electric service and a mix of five 1-bedroom units plus one 2-bedroom.
Property Size3,686 SF
Price / SF$623.98
Days on Market51
Property Features for 9351 East Street Manassas
General Information
Standard status
Active
Size
3,686 SF
Total Parking Spaces
6
Zoning
B3
Occupancy
100%
Net Operating Income
$98,631
Additional Details
Opportunity Zone
Yes
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$16,944
Building Details
Building Size
3,686 SF
Year Built
1960
Tenancy
Multi
Listing Agency:
(609) 881-2414
Listed By:
Carl SanFilippo
(609) 881-2414
Source:
Mercercountyhomesforsale
Added: Jun 27
Changed: Aug 8
Last Checked: Aug 13 at 3:13AM
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 Carl SanFilippo
Investment Insights
Based on property information with market context.
This 6-unit multifamily building offers an all-electric setup with five 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. Each unit is separately metered, supporting straightforward utility billing and consistent operations across the property. The building is currently fully leased, creating immediate on-site income generation, and it is presented with an NOI of $98,631.20.
The property is located at 9351 East Street in the heart of Old Town Manassas. It provides walkable access to shops, restaurants, and community amenities, with proximity to the Prince William County Courthouse and the VRE commuter station. Area connectivity includes access to Rt. 28 and Rt. 234, with quick routes to I-66 and surrounding employment centers.
For buyers seeking a residential income asset with existing lease coverage, the unit mix and separately metered all-electric configuration are practical considerations for ongoing management. The offering also includes a concept plan for two additional duplex buildings, which may be relevant to owners evaluating future infill possibilities within the property’s Qualified Opportunity Zone designation.
The property is located at 9351 East Street in the heart of Old Town Manassas. It provides walkable access to shops, restaurants, and community amenities, with proximity to the Prince William County Courthouse and the VRE commuter station. Area connectivity includes access to Rt. 28 and Rt. 234, with quick routes to I-66 and surrounding employment centers.
For buyers seeking a residential income asset with existing lease coverage, the unit mix and separately metered all-electric configuration are practical considerations for ongoing management. The offering also includes a concept plan for two additional duplex buildings, which may be relevant to owners evaluating future infill possibilities within the property’s Qualified Opportunity Zone designation.
Key Highlights
- 6‑unit multifamily building built in 1960, fully leased
- Unit mix: five 1 BD/1 BA units and one 2 BD/1 BA unit
- All units are all‑electric and separately metered
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,562
Businesses Nearby
Explore this area
Business Placement
Demographics for 20110, VA
49,120
Population
16,289
Households
3
Avg Household Size
35
Median Age
34%
College-Educated
82%
High-School Grad
12.8 sq mi
ZIP Area
3,838
Density / Sq Mi
$120,397
Median Household Income
$53,126
Median Earnings
$1,863
Median Rent
$445,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased six-unit building with separately metered electric service and a mix of five 1-bedroom units plus one 2-bedroom.
Where is this apartment building located?
The property is located at 9351 East Street Manassas Manassas, VA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 6‑unit multifamily building built in 1960, fully leased; Unit mix: five 1 BD/1 BA units and one 2 BD/1 BA unit; All units are all‑electric and separately metered
