UPDATED:
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 949 sqft
Price per Sqft $321
Subdivision River Place North
MLS Listing ID VAAR2074136
Style Unit/Flat
Bedrooms 2
Full Baths 2
Condo Fees $1,188/mo
HOA Y/N N
Abv Grd Liv Area 949
Year Built 1955
Annual Tax Amount $2,590
Tax Year 2025
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
Most investment properties come with a tradeoff: predictable income today, but limited options tomorrow.
Not this one.
Currently leased through January 28, 2027, this beautifully updated penthouse residence offers immediate rental income while preserving something investors and future homeowners both value: flexibility.
The current lease provides income from day one, and demand for homes like this extends well beyond the existing tenant. In fact, repeat renters who return to the DC area year after year have already expressed interest in leasing the property again after the current term ends.
That gives the next owner a choice.
Continue generating rental income in a community that consistently attracts tenants, or secure your future home now and make plans to move into a spacious two-bedroom, two-bath penthouse in one of the region's most connected locations.
And unlike many units in the community, this isn't just another unit.
This is a penthouse.
Elevated above the community, it offers the privacy, natural light, and sense of space that buyers expect from a top-floor residence.
Thoughtfully updated, the home features a modern kitchen with stainless steel appliances, a washer and dryer conveniently located inside the unit, generous living spaces, and a large private balcony that creates an outdoor retreat rarely found at this price point. Whether enjoying your morning coffee above the city or unwinding after a long day, the outdoor space alone sets this residence apart.
The location is equally impressive.
Just a five-minute walk from Rosslyn Metro, residents enjoy direct access to Downtown DC, the Pentagon, Reagan National Airport, Georgetown, Foggy Bottom, Tysons, and beyond. Shops, restaurants, grocery stores, and everyday conveniences are all within easy reach.
And then there are the amenities.
Residents enjoy an outdoor swimming pool, fitness center, sauna, steam room, locker rooms, billiards, ping pong, complimentary fitness classes, BBQ area, convenience store, hair salon, barber shop, and on-site dry-cleaning and alteration services.
For investors, the appeal is obvious: immediate income, proven demand, and future flexibility.
For future owner-occupants, it's an opportunity to secure a rare penthouse residence today and decide later exactly how you want to use it.
Because the best real estate investments don't force you to choose between income and opportunity.
They give you both.
Location
State VA
County Arlington
Zoning RA4.8
Rooms
Main Level Bedrooms 2
Interior
Hot Water Natural Gas
Heating Convector
Cooling Convector
Equipment Stove, Refrigerator, Built-In Microwave
Furnishings Yes
Fireplace N
Appliance Stove, Refrigerator, Built-In Microwave
Heat Source Natural Gas
Laundry Common, Shared
Exterior
Amenities Available Bank / Banking On-site, Beauty Salon, Billiard Room, Common Grounds, Concierge, Convenience Store, Dog Park, Elevator, Exercise Room, Extra Storage, Fencing, Fitness Center, Gated Community, Hot tub, Laundry Facilities, Party Room, Picnic Area, Pool - Outdoor, Sauna, Security, Storage Bin, Swimming Pool, Tot Lots/Playground
Water Access N
Accessibility Elevator
Garage N
Building
Story 1
Unit Features Hi-Rise 9+ Floors
Above Ground Finished SqFt 949
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Arlington County Public Schools
Others
Pets Allowed N
HOA Fee Include Air Conditioning,Electricity,Gas,Management,Pest Control,Pool(s),Recreation Facility,Reserve Funds,Sauna,Security Gate,Sewer,Snow Removal,Trash,Water
Senior Community No
Tax ID 17-039-428
Ownership Cooperative
SqFt Source 949
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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Colleen Butler
Owner/Realtor | License ID: 0225226839
Owner/Realtor License ID: 0225226839