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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.
| DAYS ON MARKET | 0 | LAST UPDATED | 10/3/2026 |
|---|---|---|---|
| TRACT | OLD TOWN NORTH | YEAR BUILT | 2022 |
| GARAGE SPACES | 3.0 | COUNTY | ALEXANDRIA CITY |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| School District | ALEXANDRIA CITY PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Structure, Sewer, Snow Removal, Trash, Water |
| APPLIANCES | Built-In Range, Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Oven, Gas Range, Microwave, Oven, Range, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer Stacked |
| CONSTRUCTION | Brick Veneer |
| EXTERIOR | Balcony, Lighting |
| GARAGE | Yes |
| HEAT | Electric, Forced Air |
| INTERIOR | Kitchen Island, Open Floorplan, Recessed Lighting, Sound System, Walk-in Closet(s) |
| PARKING | Garage Door Opener, Assigned, Secured, Garage, Underground, Basement, Covered, Community Structure |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Contemporary, Transitional, Unit/Flat |
| SUBDIVISION | OLD TOWN NORTH |
| TAXES | 8137 |
| VIEW | Yes |
| VIEW DESCRIPTION | Park/Greenbelt, Trees/Woods, City |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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The multiple listing data appearing on this website, or contained in reports produced therefrom, comes in part from Metropolitan Regional Information Systems ("MRIS"). The information provided is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All real estate listings include detailed information about them that includes the name of the listing brokers and therefore may reference real estate listing(s) held by a brokerage other than the broker and/or agent who owns this web site.
All listing data, including, but not limited to, square footage and lot size is believed to be accurate, but the listing agent, listing broker and respective Multiple Listing Services and their affiliates do not warrant or guarantee such accuracy. Therefore, all data should be personally verified through personal inspection by and/or with the appropriate professionals. Listing data last updated 10/3/26 7:13 PM PDT.
The listing information on this web site is from various brokers who participate in IDX.
Copyright 2026 MRIS. All rights reserved.
All listing data, including, but not limited to, square footage and lot size is believed to be accurate, but the listing agent, listing broker and respective Multiple Listing Services and their affiliates do not warrant or guarantee such accuracy. Therefore, all data should be personally verified through personal inspection by and/or with the appropriate professionals. Listing data last updated 10/3/26 7:13 PM PDT.
The listing information on this web site is from various brokers who participate in IDX.
Copyright 2026 MRIS. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.