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.
| MLS # | VAAR2076108 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Building Name | RIVER PLACE NORTH |
| HOA Dues | $458 |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1955 |
| Days On Site | 77 |
| Listing Provided By | Samson Properties | Mass Farzan |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 473 |
| Garage | 1 |
| Story(s) | 1 |
| Zoning | RA4.8 |
| Rooms Total | 2 |
|---|---|
| Cooling | Central A/C, Convector |
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Interior Features | Bathroom - Tub Shower, Combination Dining/Living, Flat, Window Treatments, Wood Floors |
| Furnished | Yes |
| Security Features | Security Gate, 24 hour security, Desk in Lobby, Exterior Cameras, Fire Detection System, Security System, Smoke Detector, Window Grills |
|---|---|
| Construction Materials | Brick |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Assigned, Lighted Parking, Parking Space Conveys, Permit Included, Paved Parking, Private, Secure Parking |
| Tax Annual Amount | 1573.18 |
|---|
| State | VA |
|---|---|
| County | ARLINGTON VA |
| City | ARLINGTON |
| Zip Code | 22209 |
| Area | ARLINGTON VA |
| Community Name | RIVER PLACE |
| School District | ARLINGTON COUNTY PUBLIC SCHOOLS |
| Elementary School | FRANCIS SCOTT KEY |
| High School | YORKTOWN |
| Listing VS Median (in RIVER PLACE) | |
Price: $149,000 low | high Med: $132,250 sqft: 473 low | high Med: 388 $ / sqft: $315 low | high Med: $342 On site: 77 low | high Med: 97.5 | |
| State | VA |
|---|---|
| County | ARLINGTON VA |
| City | ARLINGTON |
| Zip Code | 22209 |
| Area | ARLINGTON VA |
| Community Name | RIVER PLACE |
| School District | ARLINGTON COUNTY PUBLIC SCHOOLS |
| Elementary School | FRANCIS SCOTT KEY |
| High School | YORKTOWN |
| Listing VS Median (in RIVER PLACE) | |
Price: $149,000 low | high Med: $132,250 sqft: 473 low | high Med: 388 $ / sqft: $315 low | high Med: $342 On site: 77 low | high Med: 97.5 | |