Exploring the Charms of Living in Alexandria, Virginia
The City of Alexandria, renowned for its rich history and vibrant lifestyle, offers residents an array of amenities that enhance quality of life. Situated along the Potomac River, Alexandria is especially famed for its historic Old Town, where the community of Old Town offers both charm and convenience. This neighborhood is well-known for its accessible shopping destinations like King Street, which is lined with boutique shops, restaurants, and cultural landmarks. Residents of 111 N Peyton St enjoy proximity to these amenities, blending historical ambiance with modern living.
Real Estate Dynamics in Old Town, Alexandria
In Old Town, properties typically stay on the market for an average of 30 days, indicating a steady demand for homes in this historically rich area. The average living area is around 1,573 square feet, and properties sell for an average of $741 per square foot. From luxurious townhomes like the one at 1007 Oronoco St priced at $2,150,000, to more modestly priced homes, Old Town caters to a diverse range of tastes and budgets.
Feature Property: 111 N Peyton St, Alexandria, VA
111 N Peyton St, nestled in the heart of Old Town Alexandria, is a beautifully maintained colonial end-unit townhouse. This early 20th-century home, listed at $1,411,700, offers 1,666 square feet of living space at $847 per square foot. It features 3 bedrooms, 1.5 baths, and is just steps away from the vibrant King Street. The home combines historical elements with modern conveniences, presenting an ideal balance for urban living.
Comparative Market Analysis
- Less Expensive: $1,450,000 - 410 S Pitt St, Alexandria, VA 22314 | Old Town (SOLD)
- More Expensive: $1,455,999 - 307 N Washington St, Alexandria, VA 22314 | Old Town (SOLD)
Real Estate Expertise by John Newsome
For more detailed information or to schedule a viewing, contact John Newsome at (703) 765-0300.
Why Choose Nesbitt Realty?
At Nesbitt Realty, we value each client and offer personalized services to ensure the best outcomes. Our deep knowledge of Northern Virginia and professional affiliations like MRIS and Homes Database, ensure that we provide top-notch real estate services. Buyers of 111 N Peyton St may qualify for a rebate of $8,724. Learn more about our rebates.
Effective Rental Management Strategies in Alexandria
For property owners in Alexandria, effective rental management is key to maximizing investment returns. Regular property maintenance, understanding local tenant laws, and effective tenant communication are essential. Leveraging local amenities and historical charm can also enhance rental appeal. This article provides an overview of living in Alexandria, VA, highlighting the benefits and opportunities within the Old Town community and beyond.
