Welcome to 520 E Mount Ida Ave. This 2 bedroom, one bath home with an unfinished basement is perfectly located in the Potomac Yards Corridor and is an exceptional value in sought -after Del Ray. This property presents a rare opportunity for investors, builders, or buyers seeking a renovation or… Read More redevelopment project in one of the most desirable neighborhoods, is livable, with a lot of TLC. Situated on a 3,374 sq ft lot with a shared driveway( city records indicates the driveway ownership is with 520.) The home offers the flexibility for those looking to remodel the existing brick structure, or rebuild on the current footprint with the potential to add an additional level. (Buyer to verify zoning, setbacks, and building options. The unfinished basement provides additional opportunity to reimagine the space. This property carries a total tax assessment of $707,391, with a reverse mortgage payoff estimated approximately $65,000 less., creating a compelling upside for the right Buyer. This is a strictly "AS IS" sale. Seller will make no repairs. This property is ideal for Buyers with vision who understand Del Ray's strong long-term value and redevelopment appeal. This prime location is near shops, dining, parks, major commuter routes, and all that Alexandria has to offer. Minutes to Old Towne, The Waterfront, Reagan National Airport, and Interstates I495, and 95. Read Less
Courtesy of Sherry L Young, Samson Properties 703-378-8810
Listing Snapshot
Days Online
2
Last Updated
Property Type
Single Family Residential
Beds
2
Full Baths
1
Square Ft.
907
Lot Size
0.08 Acres
Year Built
1938
MLS Number
VAAX2052756
Additional Details
Basement
Outside Entrance, Unfinished
Building
Built in 1938, Living area: 907, Building faces West, Levels: 1, Entry level: 1, Construction Materials: Brick Veneer
Cooling
Window Unit(s)
Accessibility Features
None
Foundation
Brick/Mortar
Heating
Radiator
Interior Features
Attic
Lot
0.08 acres
Property
Other structures: Above Grade, Below Grade
Roof
Unknown
Sewer
Public Sewer
Taxes
Annual Amount: $8,028, Lot: 49, Year: 2025, Zoning: R 2-5
Utilities
Water Source: Public
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