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Key Details
Sold Price $128,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 433 sqft
Price per Sqft $295
Subdivision River Place West
MLS Listing ID VAAR2028862
Sold Date 06/14/23
Style Other,Unit/Flat
Full Baths 1
Condo Fees $307/mo
HOA Y/N N
Abv Grd Liv Area 433
Originating Board BRIGHT
Year Built 1955
Annual Tax Amount $1,216
Tax Year 2022
Property Description
Looking for the perfect trifecta? Amazing condition, great location, value pricing that provides high rental returns? Congratulations - you've found it. One of the largest studios in the building - it's 50 sq ft bigger (over 433 sq ft) with a true kitchen - is a perfect investment opportunity or place to call home! This is an amazing investment opportunity: it currently rents out for $1,499/month ($17,988/year), with a tenant already in place until July. HOA fee is $307/month - after subtracting that, the annual income is $14,304. That's a **10% return on cash** and an even higher return if you finance the purchase! Located just 1 block from the Rosslyn metro, this beautiful apartment will suit your everyday needs. Beautiful updated floors, spacious bathroom, kitchen with updated tile and appliances, and privacy windows. Large windows get lots of natural light and look over a quiet, open green garden. The unit is spacious enough to fit a queen size bed and still have room for a dining or a living room space. ALL electric, water, gas, heating, cooking utilities are included - unlimited use. Heat/AC in other River Place buildings are controlled by the complex, so they overheat or overcool the apt. Here, you control the heat/AC exactly as you wish. Access to concierge, 24/7 security, pool, an on-site market, and gym with FREE yoga classes are 100% included as well. Where else can you find a real estate investment that gives you such a high return and is such an amazing place to live? Don't miss out on this opportunity to earn passive income, grow your wealth, and live in a dream apartment!
Location
State VA
County Arlington
Zoning RA4.8
Interior
Interior Features Combination Dining/Living, Floor Plan - Open, Tub Shower, Other
Hot Water Natural Gas
Heating Radiator
Cooling Central A/C
Equipment Refrigerator, Oven/Range - Gas
Appliance Refrigerator, Oven/Range - Gas
Heat Source Natural Gas
Exterior
Amenities Available Common Grounds, Concierge, Convenience Store, Elevator, Exercise Room, Fitness Center, Laundry Facilities, Pool - Outdoor, Sauna, Extra Storage, Party Room, Billiard Room, Beauty Salon, Gated Community, Picnic Area, Security, Tot Lots/Playground
Waterfront N
Water Access N
View Garden/Lawn
Accessibility Elevator, Level Entry - Main
Garage N
Building
Story 1
Unit Features Hi-Rise 9+ Floors
Sewer Public Sewer
Water Public
Architectural Style Other, Unit/Flat
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Arlington County Public Schools
Others
Pets Allowed N
HOA Fee Include Underlying Mortgage,Trash,Water,Snow Removal,Sewer,Security Gate,Management,Lawn Maintenance,Insurance,Heat,Electricity,Common Area Maintenance,Air Conditioning,Gas
Senior Community No
Tax ID 17-040-024
Ownership Cooperative
Special Listing Condition Standard
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Bought with Keri K. Shull • EXP Realty, LLC