704 South Fairfax Street Alexandria, VA 22314

Old Town’s SW Quadrant - Townhouse on Rare Double Lot Offers Endless Possibilities! This elegant 3BR/2.5BA brick townhouse sits on an exceptional oversized double lot (parcels 704 & 702-A) offering unique development potential. Beyond the historic charm and modern updates inside, the additional lot provides prime potential development such as a garage/carrriage house or an accessory dwelling unit (ADU), expanding both living and investment options (subject to restrictions).The home itself is rich in character, featuring hardwood floors, large windows, and two wood-burning fireplaces. The inviting living room leads to a spacious formal dining room with built-ins, while the updated kitchen boasts granite countertops, stainless steel appliances, and French doors opening to an oversized private garden—ideal for entertaining or future expansion.Upstairs, the primary suite includes a Juliet balcony, two large closets, and an ensuite bath, while the second bedroom features built-ins framing a cozy fireplace. A versatile loft level offers flexible space perfect for a third bedroom, home office, or bonus space. The lower level includes a generous laundry room with ample storage.Currently configured with rare off-street parking for two vehicles, this property presents endless possibilities for expansion while maintaining its historic character. Located just blocks from Alexandria's waterfront, shops and restaurants. With easy access to King Street Metro, Reagan National Airport, Washington, DC, and major commuter routes, the location is perfect for commuters. This property is a standout for those looking to invest in Old Town’s charm — with the added benefit of future expansion potential.