Property
Beds
1
Full Baths
1
1/2 Baths
None
Year Built
1955
Sq.Footage
473
Investor Opportunity! Renovated, Fully Furnished One Bedroom Studio with Garage Parking Space, Dedicated Storage & Tenant in Place Through May 2027! Exceptional opportunity to own a beautifully renovated, income-producing residence in the highly desirable River Place community. This move-in-ready, fully furnished studio has been completely updated from top to bottom, featuring fresh paint, updated flooring, a modern kitchen, renovated bathroom, and stylish furnishings. The thoughtfully designed layout includes a separate sleeping area, full kitchen, and full bath, offering comfortable and functional living. A reserved garage parking space (approximate value of $10,000) and a private storage cage are included—a rare and valuable bonus in this prime location. The current tenant is in place through May 2027, providing immediate, stable rental income for investors. The monthly low condo fee includes nearly everything: heat, air conditioning, electricity, gas, water, sewer, common area maintenance, and access to an impressive collection of resort-style amenities, resulting in minimal monthly expenses. Residents enjoy 24-hour gated security, concierge service, controlled building access, elevators, a state-of-the-art fitness center with sauna and steam room, free yoga classes, outdoor swimming pool with lap lane, hot tub, picnic areas with BBQ grills, playground, party room, billiards and ping pong room, River Place Park, on-site convenience store, coffee shop, hair salon, and laundry facilities. Ideally located just a short walk to the Rosslyn Metro Station (Blue, Orange, and Silver Lines), this home offers exceptional access to Washington, DC, Georgetown, National Landing, Amazon HQ2, the Pentagon, Fort Myer, major universities, restaurants, shopping, scenic trails, and Reagan National Airport. Convenient access to I-66, I-395, I-495, I-95, and Route 50 makes commuting effortless. Whether you're looking for a turnkey investment with great return, cash-on-cash ROI or planning ahead for future occupancy, this updated residence offers outstanding value, unbeatable convenience, and an exceptional location.
Features & Amenities
Interior
-
Total Bedrooms
1
-
Bathrooms
1
-
Above Grade Finished Area
473.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Main Level Bedrooms
1
-
Pet friendly
No
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Brick
-
Parking
Garage Door Opener, Assigned, Private, Lighted, Paved, Permit Required, Secured, Garage, Attached
-
Pool
Yes
-
Pool Features
Community
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Stock Cooperative
-
Architectural Style
Other
Price
-
Sales Price
$149,000
-
Tax Amount
$1,573.18
-
Sq. Footage
473
-
Price/SqFt
$315
HOA
-
Association
No
Property Resources
-
Horse Property
NO
School District
-
Elementary School
FRANCIS SCOTT KEY
-
Middle School
WILLIAMSBURG
-
High School
YORKTOWN
Property Features
-
New Construction
NO
-
Association Amenities
Concierge, Billiard Room, Fitness Center, Party Room, Picnic Area, Sauna, Security, Elevator(s), Gated, Laundry, Playground
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
ARLINGTON
Elementary School
FRANCIS SCOTT KEY
Middle School
WILLIAMSBURG
High School
YORKTOWN
Listing Courtesy of Mass Farzan , Samson Properties
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AGENT
Sharon Lelm
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