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Kitti Chettri

kitti@dmvlifestyle.com +1(410) 999-7259

Listed by Charlotte Lee • Corcoran McEnearney

$ 899,999

Est. payment | -/mo

2 Beds

1 Bath

984 SqFt

Save

$ 899,999

Est. payment | -/mo

Save

2 Beds

1 Bath

984 SqFt

Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 984 sqft

Price per Sqft $914

Subdivision Old Town North

MLS Listing ID VAAX2065762

Style Contemporary,Transitional,Unit/Flat

Bedrooms 2

Full Baths 1

Condo Fees $807/mo

HOA Y/N N

Abv Grd Liv Area 984

Year Built 2022

Annual Tax Amount $8,137

Tax Year 2026

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

INVESTMENT OPPORTUNITY IN OLD TOWN NORTH, ALEXANDRIA VA - Income-producing 2 bedroom 1 bath corner condo facing the Mount Vernon Trail at Towngate North. Leased through January 2028 following 1.5 years of uninterrupted tenant income. Buyer assumes the lease at settlement, so income starts at closing with no vacancy gap. Residence 306 is the only floor plan of its kind in the building, a west/northwest facing corner unit with Mount Vernon Trail and protected National Park land directly outside. 984 sq ft interior space, 6-ft windows on two exposures, opening to a 128 sq ft balcony. 3 assigned garage spots and 1 storage unit convey. Unit includes $23,000 in owner upgrades: Swedish Croft Oak 7-inch wide-plank hardwood, two-tone micro shaker cabinetry with quartz counters & full-height backsplash, KitchenAid stainless suite, walk-in closet system, Brilliant, Sonos, and Ecobee smart home controls. Directly on the George Washington Memorial Parkway for a straight run into Washington, DC, minutes from King Street and Old Town Alexandria, and on the Mt Vernon Trail right against the Alexandria waterfront. Reagan National Airport, National Landing, and Arlington are all a short drive. Amenities include concierge, roof deck with fire pits and grills, fitness center, pet spa, bike storage, clubroom, and direct trail access. An ideal turnkey investment property for 1031 exchange buyers seeking placed income with no lease-up period. Cash and conventional investor financing welcome. Contact listing agent for more information.

Location

State VA

County Alexandria City

Zoning R

Rooms

Main Level Bedrooms 2

Interior

Interior Features Bathroom - Walk-In Shower, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Sound System, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Engineered Wood, Ceramic Tile

Inclusions All blinds and window treatments. Furniture can also be negotiated in the sale.

Equipment Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Washer/Dryer Stacked

Window Features Double Pane,Screens,Sliding

Appliance Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Washer/Dryer Stacked

Heat Source Electric

Laundry Dryer In Unit, Washer In Unit

Exterior

Exterior Feature Balcony, Brick

Parking Features Basement Garage, Covered Parking, Garage Door Opener, Underground, Additional Storage Area

Garage Spaces 3.0

Parking On Site 3

Amenities Available Concierge, Elevator, Exercise Room, Fitness Center, Library, Meeting Room, Party Room

Water Access N

View Park/Greenbelt, Trees/Woods, City

Accessibility None

Porch Balcony, Brick

Total Parking Spaces 3

Garage Y

Private Pool No

Building

Story 1

Unit Features Garden 1 - 4 Floors

Above Ground Finished SqFt 984

Sewer Public Sewer

Water Public

Architectural Style Contemporary, Transitional, Unit/Flat

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Alexandria City Public Schools

Others

Pets Allowed Y

HOA Fee Include Common Area Maintenance,Ext Bldg Maint,Snow Removal,Sewer,Trash,Water

Senior Community No

Tax ID 60045770

Ownership Condominium

SqFt Source 984

Security Features Carbon Monoxide Detector(s),Desk in Lobby,Main Entrance Lock,Security System,Smoke Detector

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

Pets Allowed Dogs OK, Cats OK

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(410) 999-7259

kitti@dmvlifestyle.com

5202 Presidents Ct, Frederick, MD 21703, USA

GET MORE INFORMATION

635 SLATERS LN #306 Alexandria, VA 22314