618 N FREDERICK STREET, ARLINGTON, VA 22203

LIST PRICE IS STARTING PRICE for this amazing home for the right buyer with vision. Submit your offer on Snapdoor’s online platform. SELLER'S MINIMUM-ACCEPTABLE (RESERVE) PRICE MUST BE MET. Property is sold AS-IS. ####Classic Arlington two-level ranch/rambler with infinite possibilities. The upper level (1407 SQFT) is finished with two bedrooms, a potential third bedroom, full bath, kitchen, large living-dining area, and sunroom with walkout to deck and garden. The lower level (1381 SQFT) is open and ready for immediate renovation which can be done with basic drywall and flooring work. Within the existing layout of the lower level, one can create two additional legal bedrooms, a large recreation area, a full bathroom, a utility and storage room, and additional storage. ####Note that the 2023 assessed land value of the property is $724,600. To estimate the seller's minimum acceptable (reserve) price, (1) estimate the post-renovation value of the house based on recent comparable sales of nearby, updated, and move-in ready four-bedroom homes (i.e., $1.05M to $1.1M) and (2) subtract from it the estimated renovation expenses. ####As with many ranch/ramblers, you can also increase the overall square-footage (currently 2788 square feet) by at least another 1200 square feet with a basic pop-up addition. This house on a quiet cul-de-sac in one of North Arlington's top neighborhoods is an absolute diamond in the rough. Less than a mile to the Ballston Metro, one block from the Bluemont Trail that connects to the W & OD Trail, and so close to shopping and restaurants, including the original Pupatella, the location of the house is unbeatable. ####Offer deadline is Noon on Tuesday, July 25, 2023.