Welcome to this beautiful, bright, and convenient yet affordable studio unit at the sought-after River place co-op in Arlington, VA! Recently appraised at $130,000. Currently tenant occupied paying $1260/m rent, leased for 2 years, end in Nov 30th 2025. Rent increase from 12/1/2023 to $1360/m rent. Lease will be conveyed to buyer to assume this 9% cash-on-cash ROI profit without any vacancy loss or hassle of looking for your own tenant. This unit features an open layout, gleaming hardwood floors, and plenty of storage space. The kitchen boasts white appliances, plenty of countertop space, and a breakfast bar for optimal convenience. Enjoy the convenience and ease of co-op living, with access to the community's swimming pool, state of the art gym facility, community room, and on-site laundry facility in a secure building with concierge. The location is unbeatable, 25 minutes walk to Georgetown, 10 minutes walk to Rosslyn metro (blue / orange / silver line), with nearby restaurants, shopping centers, and public transportation making this the ideal place to call home. Full-size fitness center with brand new equipment and fitness classes. Easy commute for working professionals or students in and around DC or Amazon’s National Landing. On-site dry cleaner and food market (fresh coffee available every morning). Don't miss out on this incredible opportunity - schedule your showing today! Parking included in this price