Spicer Real Estate
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$305,000
Active Active
VA,Arlington

Location 1121 ARLINGTON BOULEVARD, Arlington, VA 22209

  • Sqft 949 Sqft SQFT
  • Bed 2
  • Bath 2
Basic Details Basic Details
Description

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 ...

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 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.

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Basic Details
  • Property Type: Residential
  • Listing Type: Active
  • Listing ID: VAAR2074136
  • Price: $305,000
  • Bedrooms: 2
  • Bathrooms: 2
  • Sqft: 949 Sqft
  • Year Built: 1955
  • Location: US, VA, ARLINGTON-VA, Arlington, RIVER PLACE NORTH, 22209
  • Structure Type: Unit/Flat/Apartment
  • Heating System: Convector
  • Cooling System: Convector
  • Full Bathrooms: 2
  • Listing Status: Active
Features & Appliances
Features
  • Architectural Style: Unit/Flat
  • Sewer: Public Sewer

Appliances
  • Appliances: Stove, Refrigerator, Built-In Microwave
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Address Map Address Map
MLS Addon MLS Addon
  • Office Name: Sweet Homes America Incorporated
  • Agent Name: Amber Williams
Additional Information Additional Information
  • Water Source: Public
  • Accessibility Features: Elevator
  • Association Amenities: Bank / Banking On-site, Beauty Salon, Billiard Room, Common Grounds, Concierge, Convenience Store, Dog Park, Elevator, Exercise Room, Extra Storage, Fencing, FitnessCenter, Gated Community, Hot tub, Laundry Facilities, Party Room, Picnic Area, Pool - Outdoor, Sauna, Security, Storage Bin, Swimming Pool, Tot Lots/Playground
  • Construction Materials: Brick
  • Entry Level: 10
  • Levels: 1
  • On Market Date: 2026-06-14
Financial Financial
  • Tax Annual Amount: 2590.0
  • Association Fee Includes: Air Conditioning, Electricity, Gas, Management, Pest Control, Pool(s), Recreation Facility, Reserve Funds, Sauna, Security Gate, Sewer, Snow Removal, Trash, Water
Listing Information Listing Information
  • Originating System Name: Bright
  • List Agent Mls Id: 3084831
  • List Office Mls Id: SWEETH1
  • MLS Status: ACTIVE-BRIGHT
  • Modification Timestamp: 2026-06-14T17:48:26Z
  • Status Change Timestamp: 2026-06-14T04:00:00Z
Rob Spicer Broker, GRI Rob Spicer Broker, GRI Spicer Real Estate

7201 Wisconsin Avenue

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