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Key Details
Sold Price $125,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 559 sqft
Price per Sqft $223
Subdivision River Place East
MLS Listing ID VAAR2025608
Sold Date 02/22/23
Style Traditional
Bedrooms 1
Full Baths 1
Condo Fees $372/mo
HOA Y/N N
Abv Grd Liv Area 559
Originating Board BRIGHT
Year Built 1955
Annual Tax Amount $1,387
Tax Year 2022
Property Description
IMPROVED PRICE! INVESTORS this is the perfect place to earn steady returns on your investment during this shifting market. Tenant in place! Cap rate of 9% on this simple straightforward deal. Better than keeping your money in the bank in a low yield savings account. Renovated with upgraded Kitchen and newer carpets. 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, Iwo Jima Memorial is almost across the street. Nearby Metro stop. Low condo fee includes everything.
Location
State VA
County Arlington
Zoning RA4.8
Direction East
Rooms
Main Level Bedrooms 1
Interior
Interior Features Carpet, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Galley, Upgraded Countertops, Window Treatments
Hot Water Other
Heating Wall Unit, Summer/Winter Changeover
Cooling Central A/C, Wall Unit
Flooring Fully Carpeted, Vinyl
Equipment Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
Fireplace N
Appliance Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
Heat Source Other
Laundry Common
Exterior
Amenities Available Beauty Salon, Common Grounds, Concierge, Convenience Store, Elevator, Exercise Room, Fitness Center, Gated Community, Pool - Outdoor, Recreational Center, Security, Tot Lots/Playground
Water Access N
Accessibility None
Garage N
Building
Story 1
Unit Features Hi-Rise 9+ Floors
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 1
Additional Building Above Grade, Below Grade
Structure Type Plaster Walls
New Construction N
Schools
Elementary Schools Key
High Schools Yorktown
School District Arlington County Public Schools
Others
Pets Allowed Y
HOA Fee Include Common Area Maintenance,Electricity,Lawn Maintenance,Management,Security Gate,Sewer,Snow Removal,Trash,Taxes,Water
Senior Community No
Tax ID 17-042-044
Ownership Cooperative
Security Features 24 hour security,Desk in Lobby,Security Gate
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Allowed Case by Case Basis
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Bought with Aaquil Atkins • Peake Real Estate Group, LLC
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