Alexandria, VA 22304

Property Description

Tenant-Occupied Condominium | Investment Opportunity at Place One! Welcome to this beautifully maintained one-bedroom, one-full-bath, and one-half-bath condominium in the desirable Place One community! This spacious residence is in excellent condition and offers an attractive opportunity for investors seeking a property with an existing rental arrangement. The property is currently tenant-occupied under a lease agreement scheduled to expire in September 2027. The existing tenancy provides an established rental arrangement for a prospective purchaser, subject to the current lease's terms and conditions. Buyers interested in acquiring the property as an investment can review the lease terms, rental income, and associated expenses as part of their due diligence. Place One offers an impressive selection of resort-style amenities, including a 24-hour concierge, an outdoor swimming pool with a barbecue and cookout area, a fitness center, and a sauna. All utilities are included in the condominium fee! The unit also includes one assigned garage parking space for added convenience. Ideally located near the Landmark Mall redevelopment, Reagan National Airport (DCA), Van Dorn Metro Station, I-395, and other major commuter routes, with convenient access to Old Town Alexandria and Del Ray. Just across the street, residents can enjoy Holmes Run Trail, offering opportunities for walking, jogging, biking, and outdoor recreation. An excellent opportunity to acquire a well-maintained condominium with an existing tenant and a lease in place through September 2027. Contact the listing agent for additional information regarding the current lease agreement, monthly rental income, lease expiration, and other relevant financial details.