VA > Haymarket > Haymarket Town
Haymarket, VA 20169,6816 FAYETTE ST
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Haymarket, VA 20169,6816 FAYETTE ST
Haymarket, VA 20169,6816 FAYETTE ST
Haymarket, VA 20169,6816 FAYETTE ST
Haymarket, VA 20169,6816 FAYETTE ST
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Mary Palma

Mary Palma

+1(571) 259-3009
Listed by Sarah A. Reynolds • Keller Williams Realty
$ 900,000
Est. payment /mo
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Price Dropped by $250K

6816 FAYETTE ST Haymarket, VA 20169

3 Beds

1 Bath

2,435 SqFt

UPDATED:

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

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Bright MLS (BMLS)
Mary Palma

Mary Palma

Broker | License ID: 0225079781

+1(571) 259-3009

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6816 FAYETTE ST