Listed by Donna Chong

Source: Bright MLS #VAAX2066786

115 Wesmond Drive, Alexandria, VA, 22305

$625,000

1
1
1088 sq. ft.
2227.02 sq. ft.

Townhouse

•

1 day on the market

What's around 115 Wesmond Drive

About this property

Opportunity is knocking in one of Alexandria��s most sought-after, close-in locations. 115 Wesmond Drive is an end-unit townhome in historic Lynhaven offering investors, renovators, and experienced buyers the chance to completely reimagine a property from top to bottom. Then there is the location! The property is situated in Lynhaven, one of Alexandria’s established neighborhoods, just minutes from Del Ray, Potomac Yard, Old Town Alexandria, Reagan National Airport, Washington, D.C., and major commuter routes. Even more compelling for an investor, the expanding Virginia Tech Innovation Campus is approximately a three-minute drive away, placing the property near one of the most significant new employment and technology hubs in the Alexandria area. With billions of dollars of public and private investment continuing throughout Potomac Yard and the surrounding Alexandria corridor, this is the kind of location investors look for: established housing, exceptional access, major employment nearby, and long-term redevelopment occurring all around it. Whether your strategy is to renovate and resell, renovate and hold, or create a long-term rental asset, 115 Wesmond Drive offers the combination that is increasingly difficult to find in Northern Virginia: an end-unit property, a close-in Alexandria location, and the opportunity to create significant value through renovation. Bring your contractor, your vision, and your numbers. This one needs the work—but the location is already here. This is a cash-only sale and the home requires a complete renovation throughout all three levels, making it an ideal project for an investor looking for a true value-add opportunity. Rather than paying a premium for someone else’s finishes, you can start with a blank canvas and renovate the property to today’s standards, tastes, and buyer expectations. The end-unit location is a major advantage, offering additional privacy, extra exterior exposure, and the potential for more natural light than an interior townhome. With three levels to work with, there is tremendous opportunity to rethink the layout, modernize the living spaces, create a showpiece kitchen and baths, and maximize the functionality and resale appeal of the home. And then there is the location.

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