1121 ARLINGTON BOULEVARD, #620
Arlington, VA 22209

Price Upon Request

1 Beds 1 Full Bath 559 sq ft HOA $518.00/mo

**TENANT-OCCUPIED ONE-BEDROOM CO-OP WITH GARAGE PARKING SPACE — RIVER PLACE, ROSSLYN**

This 559-square-foot, one-bedroom, one-bathroom co-op at River Place includes a separately leased garage parking space. Both the apartment and parking space are tenant-occupied, providing immediate rental income.

**APARTMENT — N620**

The apartment features two large picture windows providing abundant natural light, a remodeled kitchen, and generous closet space. New kitchen cabinets and countertops were installed in 2025, and the apartment received new flooring and fresh paint in June 2026.

The apartment is leased through June 24, 2027, at $1,900 per month.

Monthly financials:
- Rental income: $1,900
- Co-op fee: $518 (includes electricity, gas, and water)
- Property taxes: $137.75
- Estimated insurance: $20
- Total anticipated expenses: $675.75
- **Anticipated net monthly income: $1,224.25**

**GARAGE PARKING — MP-316**

Included in the offering is MP-316, a garage parking space in the North-East Garage, with an estimated value of $8,000.

The parking space is separately leased through December 31, 2026, at $145 per month.

Monthly financials:
- Rental income: $145
- Parking fee: $82.93
- **Net monthly income: $62.07**

**COMBINED INVESTMENT SUMMARY**

- Asking price: $134,995
- Total monthly rental income: $2,045
- Total anticipated monthly expenses: $758.68
- **Total anticipated net monthly income: $1,286.32**
- **Total anticipated annual net income: $15,435.84**
- **Anticipated annual cash return: 11.43%**

The anticipated annual cash return assumes an all-cash purchase at the asking price, with both properties rented at their current rates for 12 months. Calculations exclude closing costs, vacancies, repairs, maintenance, and other unanticipated expenses.

**RIVER PLACE COMMUNITY**

River Place is a gated cooperative community in Rosslyn, Arlington, offering a ...

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Listing Courtesy of: Sweet Homes America Incorporated
703-944-3884

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Property Last Updated: October 26, 2026 10:23 PM - ET