Looking for the perfect trifecta? Amazing condition, great location, value pricing that provides high rental returns? Congratulations - you've found it. One of the largest studios in the building - it's 50 sq ft bigger (over 433 sq ft) with a true kitchen - is a perfect investment opportunity or place to call home! This is an amazing investment opportunity: it currently rents out for $1,499/month ($17,988/year), with a tenant already in place until July. HOA fee is $307/month - after subtracting that, the annual income is $14,304. That's a **10% return on cash** and an even higher return if you finance the purchase! Located just 1 block from the Rosslyn metro, this beautiful apartment will suit your everyday needs. Beautiful updated floors, spacious bathroom, kitchen with updated tile and appliances, and privacy windows. Large windows get lots of natural light and look over a quiet, open green garden. The unit is spacious enough to fit a queen size bed and still have room for a dining or a living room space. ALL electric, water, gas, heating, cooking utilities are included - unlimited use. Heat/AC in other River Place buildings are controlled by the complex, so they overheat or overcool the apt. Here, you control the heat/AC exactly as you wish. Access to concierge, 24/7 security, pool, an on-site market, and gym with FREE yoga classes are 100% included as well. Where else can you find a real estate investment that gives you such a high return and is such an amazing place to live? Don't miss out on this opportunity to earn passive income, grow your wealth, and live in a dream apartment!
Sold for $128,000 on 06/14/23
$128,000
1111 Arlington Blvd APT 208, Arlington, VA 22209
0beds
433sqft
Condominium
Built in 1955
-- sqft lot
$-- Zestimate®
$296/sqft
$1,710 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 30, 2023 at 08:22am
Listed by:
Keri Shull 703-608-7454,
EXP Realty, LLC,
Co-Listing Agent: Kimberley C Szakats 609-240-5290,
EXP Realty, LLC
Bought with:
Keri Shull, 618083
EXP Realty, LLC
Tyler Hart
EXP Realty, LLC
Source: Bright MLS,MLS#: VAAR2028862

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 0
Heating
- Radiator, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Refrigerator, Oven/Range - Gas, Gas Water Heater
Features
- Combination Dining/Living, Open Floorplan, Bathroom - Tub Shower, Other
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 433
- Total interior livable area: 433 sqft
- Finished area above ground: 433
- Finished area below ground: 0
Property
Parking
- Parking features: Off Site
Accessibility
- Accessibility features: Accessible Elevator Installed, Accessible Entrance
Features
- Levels: One
- Stories: 1
- Pool features: Community
- Has view: Yes
- View description: Garden
Lot
- Features: Urban
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 17040024
- Zoning: RA4.8
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Arlington
- Subdivision: River Place West
HOA & financial
HOA
- Has HOA: No
- Amenities included: Common Grounds, Concierge, Convenience Store, Elevator(s), Fitness Center, Laundry, Pool, Sauna, Storage, Party Room, Billiard Room, Beauty Salon, Gated, Picnic Area, Security, Tot Lots/Playground
- Services included: Underlying Mortgage, Trash, Water, Snow Removal, Sewer, Security, Management, Maintenance Grounds, Insurance, Heat, Electricity, Common Area Maintenance, Air Conditioning, Gas
- Association name: River Place West
Other fees
- Condo and coop fee: $307 monthly
Other financial information
- Total actual rent: 17988
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Cooperative