5235 Virginia Avenue
Property Overview
Immediate cash flow meets future upside motivated seller! This exceptional quadruplex (5235, 5235 , 5237, 5237 ) is 100% occupied and generating income from day one. Built in 2016, this modern asset is exempt from Rent Stabilization Ordinances (RSO), giving investors unrestricted long-term rental growth potential a rare find in this submarket. Each unit lives like a private townhouse, with its own entrance, dedicated garage, and private balcony. The massive floor plans include one 4-bed/2-bath unit and three 4-bed/3-bath units, all with in-unit laundry a layout mix that's difficult to replicate at this price point. With zero vacancy risk, tenant-paid utilities, and low ongoing maintenance, this is a turnkey addition to any portfolio. Seller is motivated and open to creative financing structures or other terms; bring all reasonable offers.
Home Details
- Property type
- Residential Income
- Year built
- 2016
- Living area
- 6,047 sq ft
- Lot size
- 8,365 sq ft
- Parking
- 9 spaces
- Garage
- 4 spaces
- Stories
- 2
- Days on market
- 72
- MLS status
- Active
- Architectural style
- Contemporary
- Zoning
- LARD1.5
Features & Amenities
Appliances
- Dishwasher
- Microwave
- Dryer
- Washer
Parking
- Driveway
- Garage
- Gated
Pool
- None
Community, Schools & Utilities
Utilities
- Heating
- Central
- Cooling
- CentralAir
Location & Neighborhood
Frequently Asked Questions About 5235 Virginia Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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