Homeownership Opportunity at 3927 Old Dominion Blvd

The City of Alexandria Office of Housing is marketing a resale-restricted condominium unit at 3927 Old Dominion Blvd, Alexandria Virginia, 22305. The two bedroom/one bath, 1,024 square foot unit is listed at a reduced price of $367,360 and is part of Old Dominion at Glebe Park neighborhood. This unit includes an in-unit washer and dryer and two assigned parking spaces. This unit also has hardwood flooring throughout the open-concept main living area with carpeted bedrooms.

To qualify for this home, purchasers must be first-time homebuyers (defined as not having held a homeownership interest in the past three years) who live or work within the City's corporate limits and have a total (gross) household income at or below 100% of area median income ($116,300 for a one-person household, $132,900 for a two-person household, $149,500 for a three-person household, $166,100 for a four-person household). Eligible purchasers may receive a City shared equity loan up to $50,000 through the City's Flexible Homeownership Assistance Program.

This home may also be eligible for reduced mortgage interest rate financing through the Virginia Housing (VH) Sponsoring Partnerships & Revitalizing Communities (SPARC) program. To qualify for SPARC and/or City financing, participants must complete a Virginia Housing-sponsored homebuyer training class, followed by an individual counseling session. Click here for additional information on Virginia Housing services.

For questions regarding this opportunity and qualifying criteria, please contact the listing agent, Darlene Duffett at [email protected] / 703.969.9015 or the Office of Housing at 703.746.3092. To learn about other homeownership opportunities and resources in the city, please visit the Office of Housing's website.

For reasonable disability accommodations, please contact Gabriella DiLena at 703.746.3089, Virginia Relay 711, or [email protected].