Property
Arlington, VA 22201 2605 N Pershing Drive
$1,053,000
Pending
13 more
Presented By: Arlington Realty, Inc.
Disclaimer: The information contained in this listing has not been verified by Jhony Leyva | Your Local REALTOR® and should be verified by the buyer.
Beds • 4
Home Details
Prime Multi-Family Investment Opportunity. Fully leased 2-unit garden-style building in sought after Lyon Park. Excellent upside - ideal for owner occupancy with additional rental apartment. Potential for added value in upgrading and expanding the lower-level to create a large combined 2-floor unit, or modernize the existing units, for added value to bring the rent up to market rate. Currently leased below comps in the neighborhood. Consisting of two residential apartments each with approx. 1,044 SF, 2 bedrooms, 1 bathroom, galley kitchen, carpet flooring, and central HVAC. Amenities include 2 off-street parking spaces, on-site laundry room, basement storage, walk-up attic storage and shared backyard. Recent updates - roof (2020), HVAC and hot water heaters (2015). The property has been under the same family ownership for over 45 years. Just minutes to the Pentagon, Amazon HQ2, Washington DC, Reagan National Airport and 4 blocks to Clarendon Metro Station. Listed at Arlington County Tax Assessment value of $1,053,000. Sold in As-Is condition.
Presented By: Arlington Realty, Inc.
Interior Features for 2605 N Pershing Drive
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
Central Air Y/NYes
Fireplace Y/NNo
FlooringCarpet
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Interior AmenitiesCeiling Fan(s), Carpet, Kitchen - Galley, Combination Dining/Living
Total Stories4
Window FeaturesDouble Pane
General for 2605 N Pershing Drive
AccessibilityNone
AppliancesStove, Refrigerator
Architectural StyleColonial
Cap Rate3.49
CityARLINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyARLINGTON
DirectionsFrom DC: Route 50 west, exit right onto Pershing Dr. 2605 Pershing Dr. is on the right.
DisclosuresUnder Lease
Garage Y/NNo
Gross Income51600.00
HeatingForced Air
Legal SubdivisionCLARENDON
Lot Size Square Feet4611.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-08-19T09:41:29
Net Operating Income36774.00
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
One Bedroom Units Count
Operating Expense14400.00
Other StructuresAbove Grade, Below Grade
OwnerPaysTaxes - Real Estate, Insurance, Water, Sewer, Trash Collection
OwnershipFee Simple
PossessionSubject to Existing Lease, Settlement
Price Per Sq Ft Total AG504.31
Property ConditionGood
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofAsphalt
School DistrictARLINGTON COUNTY PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusPending
StatusPENDING
Structure TypeDetached
Subdivision NameLYON PARK
Tax Annual Amount11135.0
Tax Assessed Value1053000.0
Tax Lot43-A
Tax Year2025
Total SQFT3132
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Rail Station less than 1 mile
Two Bedroom2
UtilitiesElectric Available, Natural Gas Available, Sewer Available, Water Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1957
Year Built SourceAssessor
ZoningR-5
Exterior for 2605 N Pershing Drive
Foundation DetailsBlock
Land Assessed Value847500.00
Land Use Code048
Lot Size Acres0.11
Lot Size SourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces2
Type of ParkingDriveway, Off Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Washington-Liberty High School
Middle School
Jefferson Middle School
Elementary School
Long Branch Elementary School
Jhony Leyva
Realtor
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Phone
571.247.7543
Office
1440 Central Park Blvd Suite 210, Fredericksburg, VA 22401
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