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MLS: #VAAR2074136, Listed By: Amber Williams, Sweet Homes America Incorporated, Source:Bright MLS

1121 Arlington Boulevard #1012

ARLINGTON, VA 22209
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Bed 2

Bed

Bath 2

Bath

SqFt949

Sqft

THE RARE INVESTMENT THAT DOESN'T LOCK YOU IN. 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 n ow 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.

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Detail Ic Property Details

Property Type : Residential

Price : $305,000

AD Id : 84878289

MLS Id : VAAR2074136

Beds : 2

Living Area Size : 949

Year Built : 1955

County : ARLINGTON

Subdivision: River Place North

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2
  • Interior Features

    Appliances: Cooktop, Gas Water Heater, Refrigerator, Microwave Laundry Features: Common Area
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Electric

  • Building Information

    Year Built: 1955 Building Area Total: 949 Construction Materials: Brick Pool Features: Community Private Pool: No

  • Property Information

    Subdivision: RIVER PLACE NORTH Source Property Type: Residential Postal Code Plus 4: 3229 Property SubType: Stock Cooperative Levels: One Property Age: 71

  • Listing Price Information

    Listing Price: $305000

  • Tax Information

    Parcel Number: 17-039-428 Tax Year: 2025 Annual Tax: $2590

  • Parking Information

    None

    Garage Information

    Pets Allowed: No
    Homeowners Association Information
    Included Fees: Electricity, Gas, Pest Control, Sewer, Snow Removal, Trash, Water Association Amenities: Billiard Room, Concierge, Dog Park, Fitness Center, Party Room, Picnic Area, Sauna, Security, Storage, Elevator(s), Gated, Spa/Hot Tub, Laundry, Playground Community Features: Pool

  • Location Information

    Direction: At the intersection of N Fairfax Dr and Lynn St. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1011 Arlington Boulevar.., Arlington, VA, 22209 $309,950 1 1 799 799 SqFt
1011 Arlington Boulevar.., Arlington, VA, 22209 $149,500 -- 1 476 476 SqFt
1011 Arlington Boulevar.., Arlington, VA, 22209 $175,000 1 1 572 572 SqFt
1011 Arlington Boulevar.., Arlington, VA, 22209 $349,000 2 2 784 784 SqFt
1021 Arlington Boulevar.., Arlington, VA, 22209 $120,000 -- 1 383 383 SqFt
1021 Arlington Boulevar.., Arlington, VA, 22209 $214,900 1 1 716 716 SqFt
1021 Arlington Boulevar.., Arlington, VA, 22209 $212,000 1 1 716 716 SqFt
1021 Arlington Boulevar.., Arlington, VA, 22209 $229,900 1 1 716 716 SqFt
1021 Arlington Boulevar.., Arlington, VA, 22209 $220,000 1 1 716 716 SqFt
1021 Arlington Boulevar.., Arlington, VA, 22209 $145,000 -- 1 383 383 SqFt

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ByOwner last updated this listing 06/15/2026 @ 15:25

MLS: VAAR2074136 LISTED BY: Amber Williams, Sweet Homes America Incorporated 703-944-3884 SOURCE: Bright MLS

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