750 N George Mason Dr – Arlington, VA 22203
7 Bed | 5 Bath (Potential) | $1,350,000 | Up to $7,600 Monthly Income
Investor Opportunity – 750 N George Mason Dr, Arlington, VA 22203
Income-producing property with strong upside in Ballston/Bluemont. Current configuration offers 4 rentable units:
Unit 1: Front living room, 2 BR, 1 BA
Unit 2: Back living room, 1 BR, 1 BA
Unit 3: Upstairs, 2 BR, 1 BA
Unit 4: Master suite – 1 BR, 1 BA, living room, and kitchenette/minibar
The home features 6 BR/5 BA total and can be expanded to 7 rentable rooms. The finished basement (2 rooms + full bath) can become a legal 7th bedroom with a closet and egress—boosting income potential. Separate living areas provide privacy tenants prefer.
Pre-COVID, the property supported 4+ tenants; conservative rents suggest $5,500–$6,000/mo (≈ 3.85% cap) with upside to $7,600/mo (≈ 4.9% cap) after full occupancy and upgrades. Steps to Ballston Metro, Ballston Quarter, Virginia Hospital Center, Marymount University, and commuter routes ensure strong demand and low vacancy.
