6796 Fayette St - Apartments FOR SALE


Haymarket, VA 20169
$900,000 USD
844-851-7730
6796 Fayette St, Haymarket, VA for Sale
$900,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

6796 Fayette St
Haymarket, VA 20169


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$239 USD /SF

# OF UNITS

3

PRICE/UNIT

$300,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1901

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

R4

APN/PARCEL ID

7297-88-3086

ASK ABOUT THIS PROPERTY

Sarah Reynolds OjiReynolds EmpowerHome TeamMore Info
844-851-7730

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Sarah Reynolds OjiReynolds EmpowerHome TeamMore Info
844-851-7730

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.