1321 S Rolfe St Arlington, VA 22204
Arlington Village NeighborhoodHighlights
- Golf Course View
- Colonial Architecture
- Main Floor Bedroom
- Gunston Middle School Rated A-
- Wood Flooring
- 5-minute walk to George Washington Carver Park
About This Home
As of December 2024***OFFERS DEADLINE 12 NOON THURSDAY 10/24
**Prime Investment Opportunity: Well-Maintained 3-Unit Apartment Building on Army Navy Golf Course - Arlington, VA**Welcome to this exceptional 3-unit apartment building located in the highly sought-after Arlington area, right on the picturesque Army Navy Golf Course. This property presents a unique opportunity for investors and homeowners alike to own a piece of prime real estate in a vibrant community.
? **Property Highlights:**
- **Well-Maintained Units**: Each of the three spacious apartments has been meticulously maintained, featuring modern updates and classic charm. Enjoy ample natural light, open layouts, and cozy living spaces that tenants will love.
- **Diverse Unit Mix**: The building consists of a mix of one two-bedroom units, and two three bedroom units catering to a variety of potential renters. . Each unit boasts ample storage, updated kitchens, bathrooms, flooring and comfortable living areas.
- **Stunning Views**: Enjoy breathtaking views of the Army Navy Golf Course from the property, creating a serene atmosphere that sets this building apart. Residents will appreciate the tranquil surroundings and beautiful landscaping.
- **Outdoor Space**: The property features a well-kept yard, providing outdoor space for tenants to relax and enjoy the beautiful Virginia weather. There’s plenty of room for gardening, outdoor seating, or recreational activities.
- **Prime Location**: Situated near Arlington’s best amenities, residents will have easy access to shopping, dining, parks, and schools. Commuting is a breeze with nearby public transportation options and major roadways just minutes away.
- **Strong Rental History**: This building has a solid rental history, demonstrating consistent demand and strong cash flow potential. Perfect for seasoned investors or first-time buyers looking to expand their portfolio.
- **Parking Availability**: Off-street parking is available for tenants, ensuring convenience and accessibility.
This well-maintained 3-unit apartment building on the Army Navy Golf Course offers a rare blend of comfort, location, and investment potential. Don’t miss your chance to own this incredible property in Arlington, VA! Schedule a viewing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,322
Year Built
- Built in 1955 | Remodeled in 2021
Lot Details
- 6,982 Sq Ft Lot
- Property is in very good condition
Parking
- On-Street Parking
Home Design
- Triplex
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- Main Floor Bedroom
- Ceiling Fan
- Window Treatments
- Combination Dining and Living Room
- Golf Course Views
- English Basement
Kitchen
- Gas Oven or Range
- Built-In Range
- Built-In Microwave
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Laminate
- Ceramic Tile
Utilities
- Cooling System Mounted In Outer Wall Opening
- 90% Forced Air Heating System
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for management, insurance, pest control, repairs, personal property taxes, real estate taxes
- Tax Lot 6
- Assessor Parcel Number 33-006-012
Community Details
Overview
- 3 Units
- 3-Story Building
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $1,185,250 | -8.8% | $469 / Sq Ft |
| 10/23/2024 10/23/24 | Pending | -- | -- | -- |
| 10/15/2024 10/15/24 | Price Changed | $1,299,999 | 0.0% | $514 / Sq Ft |
| 10/15/2024 10/15/24 | For Sale | $1,299,999 | 0.0% | $514 / Sq Ft |
| 09/27/2024 09/27/24 | Pending | -- | -- | -- |
| 09/21/2024 09/21/24 | For Sale | $1,300,000 | -- | $514 / Sq Ft |
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,322 | $708,800 | $579,200 | $129,600 |
| 2023 | $7,275 | $706,300 | $579,200 | $127,100 |
| 2022 | $6,999 | $679,500 | $549,200 | $130,300 |
| 2021 | $6,341 | $615,600 | $520,000 | $95,600 |
| 2020 | $5,943 | $579,200 | $483,600 | $95,600 |
| 2019 | $5,423 | $528,600 | $431,600 | $97,000 |
| 2018 | $5,228 | $519,700 | $410,800 | $108,900 |
| 2017 | $4,881 | $485,200 | $379,600 | $105,600 |
| 2016 | $4,556 | $459,700 | $369,200 | $90,500 |
| 2015 | $4,598 | $461,600 | $366,100 | $95,500 |
| 2014 | $4,093 | $410,900 | $348,400 | $62,500 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $770,413 | New Conventional |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,185,250 | Universal Title | |
| Deed | $950 | -- |
Source: Bright MLS
MLS Number: VAAR2048682
APN: 33-006-012
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