Investor Opportunity - Turnkey 1BR/1BA Condo with Tenant in Place Excellent investment opportunity in Woodlake Towers! This 1-bedroom, 1-bath condominium is tenant-occupied with a signed one-year lease, providing immediate rental income from day one. The purchaser will assume the existing lease at settlement, making this a true turnkey investment. The unit features a spacious layout, a bright living area, a well-maintained kitchen and bath, and a generously sized bedroom. Residents enjoy outstanding community amenities, including an outdoor pool, fitness center, beautifully maintained grounds, and ample parking. Ideally located near Route 50, Leesburg Pike, I-495, shopping, dining, and public transportation, this property offers excellent rental appeal. Investment Highlights: Tenant-occupied with a one-year leaseCurrent Monthly Rent: $2,150Monthly Condo Fee: $689Immediate rental incomeTurnkey investment opportunity Please note: The property is being sold subject to the existing lease. Photos are from a previous listing and are provided for reference only, as no new interior photos were taken to respect the tenant's privacy.
| MLS # | VAFX2328632 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Building Name | WOODLAKE TOWERS |
| HOA Dues | $689 |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1972 |
| Days On Site | 67 |
| Listing Provided By | Compass | Paul A Gonzalez |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 785 |
| Story(s) | 1 |
| Zoning | 230 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Heat Pump(s) |
| Construction Materials | Concrete, Brick |
|---|
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 2470 |
|---|
| State | VA |
|---|---|
| County | FAIRFAX VA |
| City | FALLS CHURCH |
| Zip Code | 22044 |
| Area | FAIRFAX VA |
| Community Name | WOODLAKE TOWERS |
| School District | FAIRFAX COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in WOODLAKE TOWERS) | |
Price: $229,900 low | high Med: $214,950 sqft: 785 low | high Med: 785 $ / sqft: $293 low | high Med: $274 On site: 67 low | high Med: 52 | |
| State | VA |
|---|---|
| County | FAIRFAX VA |
| City | FALLS CHURCH |
| Zip Code | 22044 |
| Area | FAIRFAX VA |
| Community Name | WOODLAKE TOWERS |
| School District | FAIRFAX COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in WOODLAKE TOWERS) | |
Price: $229,900 low | high Med: $214,950 sqft: 785 low | high Med: 785 $ / sqft: $293 low | high Med: $274 On site: 67 low | high Med: 52 | |