All-Electric 6-Unit
9351 East Street Manassas Manassas, VA 20110
9351 East Street Manassas, Manassas, VA, 20110
$2,300,000
For Sale
$2,300,000
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 Market20
Property Features for 9351 East Street Manassas
General Information
- Standard status
- Active
- Size
- 3,686 SF
Building Details
- Year Built
- 1960
Listing Agency
(609) 881-2414
Listed by
Carl SanFilippo
(609) 881-2414
Source
Mercercountyhomesforsale
Added: Jun 27 Checked: Jul 8 at 2:18 am
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
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FAQs
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