Link Copied
Listed price in listed location currency (USD).
$900,000

540

MLS® VAPW2103596

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2435 sqft
Garage No
Taxes $5,291
Days Active 88
Lot Size 0.37 acres
Approx. Age 1901
Avg. Price Per Sqft $369
MLS® Number VAPW2103596

Property Address: 6796 Fayette St, HAYMARKET, VA, 20169-2913

Average square foot calculated using Size range provided by listing agent.

Description

Investor Opportunity — Cash Flow Today, Massive Upside Tomorrow! Now priced at $900, 000, this fully rented, grandfathered single-family home plus duplex in Historic Haymarket delivers immediate returns with huge room for growth. With current rents at $6, 100 per month, the property already generates positive cash flow. Using 25% down at a 6.5% rate, monthly expenses including mortgage, taxes, and insurance are approximately $4, 973, producing about $1, 127 per month in cash flow and an estimated 6% cash-on-cash return on day one. The real upside comes from bringing rents to market. Pro forma rents total $9, 100 per month, raising monthly cash flow to over $4, 127, generating more than $49, 500 in annual cash flow and pushing the cash-on-cash return to an impressive 22%. This rare investment offers a grandfathered multi-unit setup, stable tenants, strong current performance, and a clear, achievable path to dramatically increasing ROI. Opportunities like this in Historic Haymarket are exceptionally hard to find, combining location, cash flow, and long-term upside in one compelling package.
MLS® NumberVAPW2103596
Laundry Level
Central VacNo
FireplaceNo
Acreage0.37
Exterior
GarageNo
Approx. Age1901
BasementPartial
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 10, 2025List Date
$900,000List Price

Home Appraisal

This property is estimated to sell between: $823,000 and $939,000.
Similar properties in this area sold on average for: $823,062
Expected to sell very soon! Similar properties sold in 88 days. This home has been on eXp Realty for 88 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
6796 Fayette St, HAYMARKET, VA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties