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.
Listed By
Agency Name: Sweet Homes America Incorporated
Agency Phone: 7039443884
Shown By
Agent Name: Jennifer Kirby
Agent Phone: (434) 806-8964
Agency Title: Montague Miller & Co. Realtors
Estimated Payment
$ 983.59 per month $678.80 Principal & Interest $215.83 Property Tax $88.96 Homeowner's Insurance
1121 Arlington Boulevard , Unit 1012 | MLS# VAAR2074136
This condo located at 1121 Arlington Boulevard , Unit 1012, Arlington, VA 22209 is currently listed for sale with an asking price of $305,000. This property was built in 1955 and has 2 bedrooms and 2 full baths with 949 sq. ft. Arlington Boulevard , Unit 1012 is located in the RIVER PLACE NORTH subdivision within the ARLINGTON COUNTY PUBLIC SCHOOLS school district. Search RIVER PLACE NORTH real estate on jkirby.montaguemiller.com today.