3361 Yost Ln. #301, Dumfries VA 22026

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Recommended Starting Bid: $180,000

Here's a deeply discounted investment opportunity, which is convenient to everything and just minutes from I-95. This 2 bedroom, 2 bath, 865 square foot condo was built in 1990. It's in solid condition and with a little updating could be worth much more. Currently, there is a good tenant in place through the end of 2024.  After that, if you would like to keep him, he would like to stay.  As landlord, you will be paid $2,400 per month through this December, which is approximately the current market rental value of this unit.

How Deeply Discounted Is This Property?  The price that we are offering is more than $50,000 below all of the recent comparable sales.  Here are all of the sales of similar units within this condo association, over the last six months:

3371 Yost Ln, #202, a comparable 2 BR / 2 BA unit, SOLD on 4/5/24 for $237,500

17060 Capri Ln, #103, a comparable 2 BR / 2BA unit, SOLD on 10/6/23 for $231,000

3371 Yost Ln, #201, a comparable 2 BR / 2BA unit, SOLD on 4/19/24 for $240,000

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