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6796 Fayette St
Haymarket, VA 20169
Multifamily Property For Sale
·
3 Units
Property Facts
| No. Units | 3 | Lot Size | 0.37 AC |
| Property Type | Multifamily | Building Size | 3,764 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Single-Family Home | Year Built | 1901 |
| Building Class | C | ||
| Zoning | R4 | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 3,764 SF |
| No. Stories | 1 |
| Year Built | 1901 |
| Zoning | R4 |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
About 6796 FAYETTE ST , HAYMARKET, VA 20169
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.
Property Taxes
| Parcel Number | 7297-88-3086 | Improvements Assessment | $367,800 |
| Land Assessment | $167,000 | Total Assessment | $534,800 |
Property Taxes
