Outstanding Investment Opportunity *Income producing property can be used as a rental or live in one unit and rent the other(s) *Spacious, 2 to 3 Unit apartment building in Sought after Arlington Village/Penrose neighborhood *WELL MAINTAINED and UPDATED UNITS *This property is split into 2 apartments and can easily be converted to 3 apartments *MAIN FLOOR UNIT: This is a 2-level unit that can be separated into a 3rd unit. This unit has 2BR’s + 2 Bath’s as well as a recreation room with luxury vinyl plank floors and good lighting. Also boasts a recent kitchen w/Custom cabinets, stainless appliances, beautifully refinished hardwood floors, excellent lighting with an open feel. *TOP FLOOR UNIT: Features 2 BR’s + 1 bath, refinished hardwood floors, updated kitchen w/eat in space, updated bath, and an abundance of natural light *BUILDING: Has off street driveway parking as well a street parking, shared laundry with rear access, rear yard for barbecues, gardening, or outdoor space for tenants to relax and enjoy. Each unit has separate entrances within a hallway building entrance. Each unit has individual central HVAC + water heater, separate meters for gas and electric with utilities are separated with exception to water/trash, but tenants pay pro-rata share. LOCATION: This property is just a few short blocks from the Penrose shopping center with Grocery, restaurants, shops, retail, Walgreens, CVS, Starbucks, the original Bob & Edith's diner, Farmer’s Market, parks and more *Commuters dream with a direct bus to Metro/DC & Easy Access to Rt 50, 395, 495, GW Parkway, Downtown DC, Crystal City, Amazon HQ2, Pentagon, Pentagon City and Reagan National Airport *Outstanding, long term tenants would love to stay so you have instant income *You will not want to miss out on this investment opportunity! Priced below appraisal.
Sold for $1,120,000
Zillow last checked:
Listing updated:
Bought with:
Atul Govani, 0225197360
Riverbend Realty
Source: Bright MLS,MLS#: VAAR2051078
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2025 | Sold | $1,120,000-8.6%$365/sqft |
Source:  Bright MLS #VAAR2051078 Report a problem | ||
| 5/10/2025 | Pending sale | $1,225,000$399/sqft |
Source: Bright MLS #VAAR2051078 Report a problem | ||
| 4/24/2025 | Contingent | $1,225,000$399/sqft |
Source: Bright MLS #VAAR2051078 Report a problem | ||
| 12/11/2024 | Listed for sale | $1,225,000$399/sqft |
Source: Bright MLS #VAAR2051078 Report a problem | ||
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Estimated market value
$1,181,400
