Change Real Estate Presents:

635 Slaters Lane Unit 306
Alexandria VA 22314

For Sale: $899,999.00 Active

Alexandria
2 bedrooms
1 bathrooms
984 build ft2

About This Property

INVESTMENT OPPORTUNITY IN OLD TOWN NORTH, ALEXANDRIA VA - Income-producing 2 bedroom 1 bath corner condo facing the Mount Vernon Trail at Towngate North. Leased through January 2028 following 1.5 years of uninterrupted tenant income. Buyer assumes the lease at settlement, so income starts at closing with no vacancy gap. Residence 306 is the only floor plan of its kind in the building, a west/northwest facing corner unit with Mount Vernon Trail and protected National Park land directly outside. 984 sq ft interior space, 6-ft windows on two exposures, opening to a 128 sq ft balcony. 3 assigned garage spots and 1 storage unit convey. Unit includes $23,000 in owner upgrades: Swedish Croft Oak 7-inch wide-plank hardwood, two-tone micro shaker cabinetry with quartz counters & full-height backsplash, KitchenAid stainless suite, walk-in closet system, Brilliant, Sonos, and Ecobee smart home controls. Directly on the George Washington Memorial Parkway for a straight run into Washington, DC, minutes from King Street and Old Town Alexandria, and on the Mt Vernon Trail right against the Alexandria waterfront. Reagan National Airport, National Landing, and Arlington are all a short drive. Amenities include concierge, roof deck with fire pits and grills, fitness center, pet spa, bike storage, clubroom, and direct trail access. An ideal turnkey investment property for 1031 exchange buyers seeking placed income with no lease-up period. Cash and conventional investor financing welcome. Contact listing agent for more information.

Listing Agent: Charlotte Lee. Corcoran McEnearney 202-258-6608 charlotte.lee@corcoranmce.com

Property Features

Location Information
County:
Subdivision: OLD TOWN NORTH
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Interior Features
Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Washer/Dryer Stacked
Interior: Bathroom - Walk-In Shower, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Sound System, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors
Laundry:
Furnished: None
Flooring: Engineered Wood, CeramicTile
Water: Public
Cooling: Central A/C
Heating: Forced Air
Fireplaces: None
Windows: DoublePaneWindows, Screens, Sliding
Utilities:
Sewer: Public Sewer
Exterior Features
Year Built: 2022
Legal Subdivision: Land Of Towngate
Subdivision Name: Old Town North
Exterior Features: Exterior Lighting
Parking: Secure Parking, Assigned
Garage Spaces: 3.0
Association Fee 2: $807.77 (Monthly)
Association Amenities: Concierge, Elevator, Exercise Room, FitnessCenter, Library, Meeting Room, Party Room
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Charlotte Lee. Corcoran McEnearney 202-258-6608 charlotte.lee@corcoranmce.com

Property Photos [Click to enlarge]

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