12701 Lotte Dr #301, Woodbridge, VA 22192
Local realty services provided by:ERA Central Realty Group
12701 Lotte Dr #301,Woodbridge, VA 22192
$164,990
- 1 Beds
- 1 Baths
- 707 sq. ft.
- Condominium
- Active
Listed by: farzad maghsoudi
Office: re/max galaxy
MLS#:VAPW2113830
Source:BRIGHTMLS
Price summary
- Price:$164,990
- Price per sq. ft.:$233.37
About this home
🔥PRICE LEADER IN WOODBRIDGE –About $20k BELOW THE NEAREST COMP! 🔥
Welcome to 12701 Lotte Dr, Unit 301! This is the lowest-priced 1-bedroom condo in the area, priced specifically for an investor or a savvy buyer looking to build immediate sweat equity.
Top floor gem is available at $165,000** for a fast, "as-is" settlement.
THE OPPORTUNITY:
This 3rd-floor corner unit features 707 sq ft of living space open floor and a private balcony with open views. The condition is solid but dated—primarily requiring cosmetic updates including new flooring, fresh paint, and a refresh of the kitchen and bathroom. This is a "base-hit" project with an estimated After Repair Value (ARV) of $200k+.
THE INVESTOR "GOLDMINE":
Stop worrying about rising utility costs! The monthly condo fee covers ALL UTILITIES (Electricity, Gas, and Water). For a landlord, this ensures predictable monthly expenses and exceptional cash-on-cash returns. Solid & Strong Rent comps are as high as $1750 a month.
KEY FEATURES:
Privacy: Top-floor location (3rd level) means no neighbors walking above you.
Outdoor Living: Private balcony for morning coffee or evening air.
Convenience: Reserved parking and on-site laundry facilities.
Location: Prime Woodbridge location—quick access to I-95, Route 1, Occoquan Historic District water front , shopping, and dining.
TERMS & CONDITION:
Selling 100% AS-IS. While the unit is ready for your cosmetic touch, the high-ticket items are already handled: the A/C system is only 2 years old, and the appliances (including dishwasher) are in excellent working condition. With a successful history as a long-term rental, this property is a proven performer. Perfect for a buyer looking for a low-risk project with high-reward potential!
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Home facts
- Year built:1968
- Listing ID #:VAPW2113830
- Added:1 day(s) ago
- Updated:March 06, 2026 at 12:18 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Laminate Plank
- Dining Description:Combination Dining/Living, Dining Area
- Bathrooms Description:Primary Bath(s)
- Kitchen Description:Breakfast Area, Cooktop, Dishwasher, Disposal, Kitchen - Country, Kitchen - Island, Refrigerator
- Bedroom Description:Entry Level Bedroom, Walk In Closet(s)
- Living area:707 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Forced Air
Structure and exterior
- Year built:1968
- Building area:707 sq. ft.
- Architectural Style:Traditional
- Construction Materials:Combination
- Exterior Features:Exterior Lighting, Sidewalks, Street Lights
- Levels:1 Story
Schools
- High school:WOODBRIDGE
- Middle school:FRED M. LYNN
- Elementary school:OCCOQUAN
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$164,990
- Price per sq. ft.:$233.37
- Tax amount:$1,881 (2025)
Features and amenities
- Amenities:Efficiency, Electric Available, Main Entrance Lock, Natural Gas Available
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