Property Details

2 bedrooms |
1 full baths
907 SQFT
0.08 ACRES
Year Built: 1938
ACTIVE
Welcome to 520 E Mount Ida Ave. This 2 bedroom, one bath home with an unfinished basement is perfectly located in the Potomac Yards Corridor and is an exceptional value in sought -after Del Ray. This property presents a rare opportunity for investors, builders, or buyers seeking a renovation or redevelopment project in one of the most desirable neighborhoods, is livable, with a lot of TLC. Situated on a 3,374 sq ft lot with a shared driveway( city records indicates the driveway ownership is with 520.) The home offers the flexibility for those looking to remodel the existing brick structure, or rebuild on the current footprint with the potential to add an additional level. (Buyer to verify zoning, setbacks, and building options. The unfinished basement provides additional opportunity to reimagine the space. This property carries a total tax assessment of $707,391, with a reverse mortgage payoff estimated approximately $65,000 less., creating a compelling upside for the right Buyer. This is a strictly "AS IS" sale. Seller will make no repairs. This property is ideal for Buyers with vision who understand Del Ray's strong long-term value and redevelopment appeal. This prime location is near shops, dining, parks, major commuter routes, and all that Alexandria has to offer. Minutes to Old Towne, The Waterfront, Reagan National Airport, and Interstates I495, and 95.
Property Details
MLS #
VAAX2052756
Property Type
Residential
Listing Status
ACTIVE
Listing Price
$699,000
Year Built
1938
Lot Acreage
NA
Subdivision
ABINGDON
City
ALEXANDRIA
County
ALEXANDRIA CITY
Water Source
Public
Sewer
Public Sewer
Zoning
R 2-5
Exterior Details
Home Type
Detached
Style
Bungalow
Parking
Driveway
On Street
Interior Details
Interior Space
907 sq ft
Heating
Natural Gas - Radiator
Cooling
Electric - Window Unit(s)
Hot Water
Natural Gas
Basement
Outside Entrance,Unfinished
Accessibility Features
None
Financial Details
County Tax
$8,028.00
Special Tax Assessment
$0
Tax Year
2025
Total Assessment
$707,391
Total Taxes
$8,028
Listing Courtesy of
Listing Office
Samson Properties
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Listings provided by Bright MLS from various brokers who participate in IDX (Internet Data Exchange). Information deemed reliable but not guaranteed.


 
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