5406 Melvin Court, Woodbridge, VA 22193

Sold Price
List Price
Closing Date
Jan 25, 2023
Days on Market
Full Baths
Living Area
Lot Size (Acres)
Cape Cod
Year Built
Prince William
School District
Prince William County Public Schools

Property Description

This is a 5 BEDROOM (4 Legal Bedrooms) 3 FULL BATHROOM (With a FULL BATHROOM On ALL Three LEVELS of the HOUSE) This House HAS a Fully Finished WALK OUT Basement. The Basement CAN be easily Rented out for $1500 per Month with a Kitchen, Full Bathroom, Walk Out Basement, Solid Concrete Patio Deck with the overhead Linae' covering of the UPPER MAIN Large Balcony Deck (Which Exits from the Upstairs Main Kitchen Area), It's own Laundry, Full Bathroom in the Basement, and Living Room Area. The Basement is very nice and is it's own stand alone little house by itself, this house is set up Like a DUPLEX Currently which is very nice.....Get Paid to Live for FREE!!! BIG TICKET ITEMS ARE ALREADY PAID$$$ FOR AND IN THE HOUSE for You! Brand New Roof, Soffits, gutters, downspouts, LOE-2 Energy Star Rated DOUBLE PANED WINDOWS through the Whole House, 4 Ton Condenser HVAC UNIT Top of the Line NEW and installed, NEW Hot Water Heater, NEW 100+ AMP Electrical Master Panel BOX with (8 Open still Available for Whatever YOU Want CIRCUITS) New Wiring through the House....ANY and ALL SHOWINGS MUST BE ACCOMPANIED with the LISTING AGENT PRESENT!! CASH FLOW this Property With a Tenant in the Basement for $1500 per Month and another Tenant on the MAIN AND UPPER LEVELS for $2500 Per Month (DOUBLE CASH FLOW) with NO HOA and NO ONE telling YOU What to DO with Your Property that YOU OWN!!! NOT on a Main Road, ZERO TRAFFIC Problems....Completely tucked away so Privately into a nice little CUL-DE-SAC where no one is there that is NOT supposed to be there! Great for Kids and Great for Pets too not having the Stress and Drama or the Worries of LIVING on a MAIN Thorough way OR main street having the luxury and the ability to let kids and pets play without worry of TRAFFIC and OR Danger@!!! FOR A RENTAL INVESTOR than this is literally Paint and Carpet is ALL that is Needed.......There is a LARGE DOG in the HOUSE. Cash Proof of FUNDS must be emailed to the Listing Agent in ORDER to have a Showing!! CASH BUYERS ONLY!. Massive 6' Foot Privacy Large fenced in Backyard that BACKS to GOVERNMENT PROTECTED WOODLAND! Meaning = You don't have to worry about some BIG BUILDER Cutting down your Beautiful Massive Oak Trees and Protected Woodland, Secluded, Private back yard, with a pretty little creek flowing waters back there and lots of WILD Life to Watch from your Walk out from the Kitchen Balcony Deck........ and BUILDING Something Ridiculous Back there after You go to Settlement on your New House? This is a Contract Assignment. Cash Buyers ONLY. Seller will ONLY NEED 14 days after CLOSING to have a Post Settlement Occupancy! This definitely makes a great Rental Permanent Cash Flowing Property for LONG TERM Passive Income and then PULL THE EQUITY$$$ BACK OUT in an Open Ended HELOC at Simple Interest%!!! Also YOU Could Easily Set this Property up to be a TRIPLEX for even more Cash Flow with an Exterior Stairwell to the UPPER LEVEL (from the Main) So that You can DOUBLE IF not TRIPLE Your Daily Cash Flowing RATE with some AIR BNB Tenants$$$!!!. Occupants personal effects and ALL Personal Property will be moved out the end of Jan. 2023 no Later than FEB. 14th at the Latest possible. QUAD-RUPLE "HYBRID" INVESTMENT DEAL = 1) Live in it and Cash Flow the Basement for FREE$$$ 2) DOUBLE CASH FLOW * The Basement * and the Main and Upper Level to TWO FULL TIME TENANTS! 3) Renovate and FLIP the PROPERTY$$$ for a CAPITAL GAINS EVENT$$$ 4) Cash Flow the Property and then PULL THE EQUITY BACK OUT$$$ with an Open Ended HELOC!!!

Additional Information

Dale City
Interior Features
Additional Stairway, Attic, Carpet, Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Galley, Window Treatments, Other
School District
Prince William County Public Schools
Carpet, Laminated, Tile/Brick
Exterior Features
Trees/Woods, Street
Heat Pump(s)
Heating Fuel
Ceiling Fan(s), Central A/C
Asphalt, Pitched
Public Septic, Public Sewer

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Listing courtesy of Samson Properties. Contact: (703) 378-8810

Selling Office: .