$649,000
For sale: Multiplex

6-plex unit located on Main Street in Alexandria. The historic building is home to two commercial units and 4 apartments, three 1 bedroom units and one 3 bedroom unit. All six units are currently occupied. This property has great investment potential. All residential units are accessible though an interior staircase and have high ceilings with a view of Mill Pond. As per form 244, 24 hr irrevocable. Cap rate 10.2%
Sold data
Homes in Alexandria took a median of 35 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 76, across 45 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.
The median sale price was $380,000.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
Based on 45 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

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