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9512 Fairview 2 Properties in Manassas, VA
Investment Highlights
- Walking distance to downtown Manassas and VRE; 12 unit apt building , two duplexes and developable land for townhomes
- Property comes with 12 paid up sewer taps
- Duplexes and 9516 qualify for Va and Federal Tax Credits ( each $100 k in renovation exp. get VA tax credits for $25k, Fed. Credits for $20k)
- Qualifies for B-3.5 Zoning which allows for increased density and townhomes (Currently Zoned R-5 which allows for 15 additional apt units)
- Additional .56 acres available next door which allows for additonal townhouses Tax map #100-01-00205
Executive Summary
17 total residential units; 12 units 9512, 2 units 9510, 2 units 9514 and single family home at 9516 on 2.42 acres. Apt and duplex lot 1.86 acres and currently zoned R-5 which allows for 15 additional apt units. However property qualifies for special B 3.5 zoning which would allow for townhouses which is best possible use and higher density. Property also has 12 paid in sewer taps. 9516 Fairview includes single family 3 br 2 bath home on .56 acres zoned R2-S and also qualifies for B-3.5 special zoning.
Walking distance to shops and restaurants in downtown Manassas and VRE.
Duplexes and single family qualify for Va and Federal Historic Tax credits. For each $100 k spent on plans, permits, renovation get $25 k Tax credit from Va, $20k from Feds. Use credits as a direct deduction from Va taxes owed OR sell the credits for 90cents on the dollar
Owner will consider sale of 12 unit and land only OR 12 unit, duplexes and land only OR 9516 only
Walking distance to shops and restaurants in downtown Manassas and VRE.
Duplexes and single family qualify for Va and Federal Historic Tax credits. For each $100 k spent on plans, permits, renovation get $25 k Tax credit from Va, $20k from Feds. Use credits as a direct deduction from Va taxes owed OR sell the credits for 90cents on the dollar
Owner will consider sale of 12 unit and land only OR 12 unit, duplexes and land only OR 9516 only
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 17,670 SF |
| Number of Properties | 2 | Total Land Area | 2.05 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 17,670 SF |
| Total Land Area | 2.05 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 9512 Fairview, Manassas, VA 20110 | Land | 1.80 AC | - | - |
|
Fairview Arms
9512 Fairview Ave, Manassas, VA 20110 |
Multifamily | 17,670 SF | 1964 | - |
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9512 Fairview
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