703-447-0813
, Manassas, VA for Sale
FOR SALE
1/25
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9510-12-14-16 Fairview Ave
Manassas, VA


HIGHLIGHTS

  • Walking distance to downtown Manassas and VRE; 12 unit apt building , two duplexes and developable land for townhomes
  • Qualifies for B-3.5 Zoning which allows for increased density and townhomes (Currently Zoned R-5 which allows for 15 additional apt units)
  • Property comes with 12 paid up sewer taps
  • Additional .56 acres available next door which allows for additonal townhouses Tax map #100-01-00205
  • Duplexes and 9516 qualify for Va and Federal Tax Credits ( each $100 k in renovation exp. get VA tax credits for $25k, Fed. Credits for $20k)

OVERVIEW

17 total residential units; 12 units 9512, 2 units 9510, 2 units 9514 and single family home at 9516 all on 2.42 acres. Apt and duplex lot 1.86 acres and currently zoned R-5 which allows for 15 additional apt units. However property qualifies for special B 3.5 zoning which would allow for townhouses which is best possible use and higher density. Property also has 12 paid in sewer taps. 9516 Fairview includes single family 3 br 2 bath home on .56 acres zoned R2-S and also qualifies for B-3.5 special zoning. Walking distance to shops and restaurants in downtown Manassas and VRE. Duplexes and single family qualify for Va and Federal Historic Tax credits. For each $100 k spent on plans, permits, renovation get $25 k Tax credit from Va, $20k from Feds. Use credits as a direct deduction from Va taxes owed OR sell the credits for 90cents on the dollar Owner will consider sale of 12 unit and land only OR 12 unit, duplexes and land only OR 9516 parcel only

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BC HugheyIthaca PropertiesMore Info
703-447-0813

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BC HugheyIthaca PropertiesMore Info
703-447-0813

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