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

310

MLS® VAPW2103960

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2435 sqft
Garage No
Taxes $5,315
Days Active 87
Lot Size 0.37 acres
Approx. Age 1901
Avg. Price Per Sqft $369
MLS® Number VAPW2103960

Property Address: 6816 Fayette St, HAYMARKET, VA, 20169-3026

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® NumberVAPW2103960
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 11, 2025List Date
$900,000List Price
  • Commute

Commute

Starting Address
Destination Address
6816 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