6816 FAYETTE ST Active Save Request In-Person Tour Request Virtual Tour
Haymarket,VA 20169
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,435 sqft
Price per Sqft $369
Subdivision Haymarket Town
MLS Listing ID VAPW2103960
Style Colonial
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 2,435
Year Built 1901
Available Date 2025-09-17
Annual Tax Amount $5,315
Tax Year 2025
Lot Size 0.366 Acres
Acres 0.37
Property Sub-Type Detached
Source BRIGHT
Property Description
Investor Opportunity — Cash Flow Today, Massive Upside Tomorrow! Now priced at $900,000, this fully rented, grandfathered single-family home plus duplex in Historic Haymarket delivers immediate returns with huge room for growth. With current rents at $6,100 per month, the property already generates positive cash flow. Using 25% down at a 6.5% rate, monthly expenses including mortgage, taxes, and insurance are approximately $4,973, producing about $1,127 per month in cash flow and an estimated 6% cash-on-cash return on day one. The real upside comes from bringing rents to market. Pro forma rents total $9,100 per month, raising monthly cash flow to over $4,127, generating more than $49,500 in annual cash flow and pushing the cash-on-cash return to an impressive 22%. This rare investment offers a grandfathered multi-unit setup, stable tenants, strong current performance, and a clear, achievable path to dramatically increasing ROI. Opportunities like this in Historic Haymarket are exceptionally hard to find, combining location, cash flow, and long-term upside in one compelling package.
Location
State VA
County Prince William
Zoning R4
Rooms
Basement Partial
Main Level Bedrooms 3
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Fireplaces Number 1
Fireplace Y
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Foundation Other
Above Ground Finished SqFt 2435
Sewer Septic Exists
Water Well
Architectural Style Colonial
Level or Stories 2
Additional Building Above Grade,Below Grade
New Construction N
Schools
Elementary Schools Haymarket
Middle Schools Ronald Wilson Reagan
School District Prince William County Public Schools
Others
Senior Community No
Tax ID 7297-88-3581
Ownership Fee Simple
SqFt Source 2435
Special Listing Condition Standard
Virtual Tour https://www.canva.com/design/DAGzKvoszng/-VC_WSHIJOMMBhu98LUWQw/watch