0 bedrooms |
1 full baths
383 SQFT
Year Built: 1955
CLOSED
INVESTORS you cannot find any property in Arlington with better returns than this. Cap rate of 10-13% on this simple straightforward deal. This studio unit has been RENOVATED TO A JR - 1 BEDROOM with a separate master suite connected to bathroom. Brings in $200-$400 higher price point than other identical sized units. Always a rotating pool of Georgetown students, young professionals, and nurses for SHORT AND LONG TERM RENTALS. Renovated with upgraded Kitchen, full size appliances and maximum storage spacing. River Place lives and feels like a mini city within a city. It has markets and hair salons, 24 hours front desk service. Also has pool and large fitness center. Minutes from Rosslyn, Key Bridge and Georgetown, Metro stop across the street. Low condo fee includes everything. Also can be used as a Pied a tierre for those who need to access DC from time to time. Property is apart of a coop community. All sales must be approved by coop board. Community is on a land lease that expires on December 20, 2052.
Property Details
MLS #
VAAR2028220
Property Type
Residential
Listing Status
CLOSED
Listing Price
$149,000
Year Built
1955
Lot Acreage
NA
Subdivision
RIVER PLACE EAST
City
ARLINGTON
County
ARLINGTON
Water Source
Public
Sewer
Public Sewer
Zoning
RA4.8
Exterior Details
Home Type
Unit/Flat/Apartment
Style
Contemporary
Parking
None
Interior Details
Features
Efficiency
Interior Space
383 sq ft
Heating
Natural Gas - 90% Forced Air
Cooling
Electric - Central A/C
Hot Water
Natural Gas
Appliances
Dishwasher
Disposal
Refrigerator
Accessibility Features
None
Financial Details
County Tax
$1,268.00
Refuse Fee
$0
Special Tax Assessment
$0
Tax Year
2022
Total Assessment
$123,200
Total Taxes
$1,268
School Information for Arlington County Public Schools
Elementary Middle School High School
YORKTOWN
Listing Courtesy of
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THE BILL DAVIS TEAM
CENTURY 21 New Millenium
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Suite 110
Chantilly 20151
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Copyright © 2022. Bill Davis Team Real Estate
Copyright © 2022. Bill Davis Team Real Estate
 
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