For Sale

Listed by Patrick Cowne from Cowne Group

Source: Bright MLS #VAPW2130270

8203 Buckland Mill Road, Gainesville, VA, 20155

$700,000

6
1650 sq. ft.
43560 sq. ft.

MultiFam

1 day on the market

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About this property

ATTENTION INVESTORS & HOUSE-HACKERS: EXCEPTIONAL MULTI-INCOME PRODUCING PROPERTY OFFERING AN UNCOMMON COMBINATION OF IMMEDIATE CASH FLOW, MODERN UPGRADES, AND HISTORICAL EQUITY! SET ON NEARLY AN ACRE IN HISTORIC BUCKLAND, THIS RARE OFFERING FEATURES TWO SEPARATE, DETACHED SINGLE-FAMILY RESIDENCES ON ONE PARCEL, PROVIDING ULTIMATE VERSATILITY FOR A HIGH-YIELD PORTFOLIO ADDITION, SHORT-TERM RENTAL CONVERSION, OR MULTI-GENERATIONAL ESTATE WITH A PROVEN TOTAL ESTIMATED PORTFOLIO RENTAL VALUE OF $4,900 - $5,000 PER MONTH.THE ULTIMATE HOUSE-HACK OPPORTUNITY: BUYERS CAN LIVE IN THE LUXURIOUS PREMIER RESIDENCE AT 8203 BUCKLAND MILL ROAD AND SUBSIDIZE THEIR MORTGAGE SIGNIFICANTLY USING THE GUARANTEED INCOME FROM 8205 BUCKLAND MILL ROAD. OFFSET YOUR MONTHLY DEBT SERVICE IMMEDIATELY WITH A RELIABLE, BUILT-IN INCOME STREAM RIGHT FROM DAY ONE WHILE ACQUIRING A HIGH-VALUE ASSET.IMMEDIATE & POTENTIAL INCOME STREAMS: THE SECOND DETACHED SINGLE-FAMILY RESIDENCE AT 8205 BUCKLAND MILL ROAD IS IN GOOD CONDITION AND ACTIVELY LEASED FOR $2,000 PER MONTH, PROVIDING IMMEDIATE REVENUE. FOR THE PURE INVESTOR, THE PREMIER PRIMARY RESIDENCE AT 8203 BUCKLAND MILL ROAD COMMANDS A STRONG PREMIUM RENTAL MARKET VALUE PROJECTED BETWEEN $2,900 AND $3,000 PER MONTH, DELIVERING AN EXTRAORDINARY TOTAL YIELD OPPORTUNITY AND STRONGER DEBT-SERVICE COVERAGE OPTION.PREMIER PRIMARY RESIDENCE: AT THE HEART OF THE PROPERTY IS 8203 BUCKLAND MILL ROAD—AN EXTRAORDINARY PRE-CIVIL WAR FARMHOUSE DATING TO APPROX. 1860, THOUGHTFULLY AND COMPREHENSIVELY RENOVATED IN 2010. THIS GRACIOUS 3BR/2.5BA HOME PERFECTLY BLENDS HISTORIC CHARACTER WITH MODERN FUNCTIONALITY. IT FEATURES BEAUTIFUL WOOD FLOORS, UPGRADED COUNTERTOPS, RECESSED LIGHTING, A FORMAL DINING ROOM, AND A PRIVATE PRIMARY RETREAT WITH A RENOVATED BATH AND WALK-IN CLOSET. THE LARGE ATTIC PROVIDES SUBSTANTIAL STORAGE AND VALUE-ADD POTENTIAL FOR FUTURE EXPANSION TO INCREASE SQUARE FOOTAGE AND RENTAL VALUATION.STRATEGIC LOCATION & LOGISTICS: COMMUTER LOTS ARE LOCATED WITHIN APPROXIMATELY FIVE MILES, PROVIDING EFFORTLESS PROPERTY MANAGEMENT AND CONVENIENT ACCESS TO A PREMIUM NORTHERN VIRGINIA TENANT BASE while PRESERVING HIGH LONG-TERM APPRECIATION POTENTIAL. DO NOT MISS THIS RARE OPPORTUNITY TO OWN A PIECE OF VIRGINIA HISTORY WITH POWERFUL BUILT-IN INCOME, VALUE-ADD UPSIDE, AND MAXIMUM UTILITY.

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