$132,000
$127,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
1 Bath
383 SqFt
SOLD DATE : 12/05/2023
Key Details
Sold Price $132,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 383 sqft
Price per Sqft $344
Subdivision River Place
MLS Listing ID VAAR2033580
Sold Date 12/05/23
Style Art Deco
Full Baths 1
Condo Fees $306/mo
HOA Y/N N
Abv Grd Liv Area 383
Originating Board BRIGHT
Year Built 1955
Annual Tax Amount $1,284
Tax Year 2020
Property Description
Welcome to this beautiful, bright, and convenient yet affordable studio unit at the sought-after River place co-op in Arlington, VA! Recently appraised at $130,000. Currently tenant occupied paying $1260/m rent, leased for 2 years, end in Nov 30th 2025. Rent increase from 12/1/2023 to $1360/m rent. Lease will be conveyed to buyer to assume this 9% cash-on-cash ROI profit without any vacancy loss or hassle of looking for your own tenant. This unit features an open layout, gleaming hardwood floors, and plenty of storage space. The kitchen boasts white appliances, plenty of countertop space, and a breakfast bar for optimal convenience. Enjoy the convenience and ease of co-op living, with access to the community's swimming pool, state of the art gym facility, community room, and on-site laundry facility in a secure building with concierge. The location is unbeatable, 25 minutes walk to Georgetown, 10 minutes walk to Rosslyn metro (blue / orange / silver line), with nearby restaurants, shopping centers, and public transportation making this the ideal place to call home. Full-size fitness center with brand new equipment and fitness classes. Easy commute for working professionals or students in and around DC or Amazon’s National Landing. On-site dry cleaner and food market (fresh coffee available every morning). Don't miss out on this incredible opportunity - schedule your showing today! Parking included in this price
Location
State VA
County Arlington
Zoning R
Rooms
Other Rooms Living Room, Kitchen, Other
Interior
Interior Features Kitchen - Efficiency, Efficiency
Hot Water Other
Heating Forced Air, Summer/Winter Changeover
Cooling Central A/C
Equipment None
Fireplace N
Heat Source Other
Laundry Common
Exterior
Amenities Available Beauty Salon, Community Center, Concierge, Convenience Store, Elevator, Exercise Room, Extra Storage, Party Room, Recreational Center, Sauna, Security, Spa, Common Grounds, Gated Community
Waterfront N
Water Access N
View Garden/Lawn, Trees/Woods
Accessibility Other
Parking Type None
Garage N
Building
Story 1
Unit Features Hi-Rise 9+ Floors
Sewer Public Sewer
Water Public
Architectural Style Art Deco
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Yorktown
School District Arlington County Public Schools
Others
Pets Allowed N
HOA Fee Include Air Conditioning,Custodial Services Maintenance,Electricity,Ext Bldg Maint,Gas,Heat,Management,Insurance,Recreation Facility,Reserve Funds,Sewer,Snow Removal,Taxes,Trash
Senior Community No
Tax ID 17-040-060
Ownership Cooperative
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Glenworth St Vall • KW Metro Center