Description
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.
$149,000
- 0Beds
- 0.00Acres
- 1Baths
- 01/2 Baths
- 383SQFT
- 389$/SQFT
School Information
Exterior Features
Architectural Style | Contemporary |
---|---|
Construction Materials | Brick |
Other Structures | Above Grade, Below Grade |
Parking Types | None |
Pool | Yes - Community |
Property Type | Condo |
Unit Building Type | Hi-Rise 9+ Floors |
Interior Features
Above Grade Area Finished | 383 sqft |
---|---|
Appliances | Built-In Microwave, Dishwasher, Disposal, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances |
Cooling | Central A/C |
Heating | 90% Forced Air |
Interior Features | Combination Dining/Living, Efficiency, Kitchen - Galley, Wood Floors |
Levels | 1 |
Main Level Full Baths | 1 |
Room List | Den |
Story List | Main |
Property Features
Accessibility Features | None |
---|---|
Assessment Year | 2022 |
Central Air | Yes |
Cooling Fuel | Electric |
Heating Fuel | Natural Gas |
Ownership Interest | Cooperative |
Sale Type | Standard, Third Party Approval |
Water Source | Public |
Zoning | RA4.8 |
Home Finder's Shortcuts
A collection of tools and searches to quickly find property
Are you thinking about buying?
We're local experts who can help. Contact us about this or any property in Northern Virginia.
Real Estate News & Updates
©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nesbitt Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-19 18:10:15.