Off-Market Condo at 888 N Quincy St, Arlington, VA 22203

888 N Quincy St, Arlington, VA 22203

Unit - #1006

$595,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $148 per day and long-term for an average of $2,768 per month, based on similar listings in the area. Estimated short-term cap rate of -1.2%. Estimated long-term cap rate of -2.9%. Welcome to Unit 1006, a stunning 1-bedroom + den Hamilton model at The Residences at Liberty Center. This beautifully updated condo underwent a high-end renovation by Case Design in 2016, featuring hand-scraped "Hickory Canyon Shadow" wood floors throughout. The gourmet kitchen has Samsung stainless steel appliances (2018), a new ceramic tile backsplash, and a breakfast bar accented by new pendant lighting that opens to the living space. The dining area has a dry bar with custom cabinetry and a Perlick Signature wine fridge that adds a sophisticated touch, making it a perfect addition for entertaining. The main living area is designed for both comfort and style, featuring custom cabinetry, a Napoleon electric fireplace with a stone surround, with customizable accent lighting & heat. Sliding glass doors open from the living room to an amazing private 10th floor balcony, perfect for morning coffee or an evening glass of wine. Luxurious Phillip Jeffries Grasscloth accent walls extend from the living room into the bedroom, which is equipped with Elfa closet systems and new closet doors. The den, also accented by grasscloth walls offers a sophisticated home office space. This unit is equipped with Lutron Caseta automated silent shades, fully autonomous and controlled via a Smart Home control panel. Additional upgrades include Legrand Adorne electrical outlets and plates, updated lighting, smooth ceilings (no popcorn!), new closet doors, a Carrier HVAC system (2022), and an AO Smith water heater (2022). One conveniently located parking space on B4 #379 and an extra storage unit #456 in the B4 elevator lobby convey. The residences at Liberty Center is a luxury high-rise offering a 24-hour concierge, a rooftop with breathtaking monument views, a rooftop pool and gym, a community room with WiFi, and a newly renovated outdoor patio area. Situated in an unbeatable Ballston location, you’re just two blocks from Ballston Quarter, Metro access, top-rated restaurants, shops, and everything Arlington has to offer. This is more than a condo—it's a lifestyle upgrade in the heart of Arlington.

Property Information
Airbnb Avg Daily
See Full Details
Occupancy Rate
See Full Details
Monthly HOA
$592
Rental Policy
daily
Yearly Taxes
$5589
Bedrooms
1
Bathrooms
1
SQFT
775
Furnished
N/A
Year built
2008
Listing Status
Off Market
MLS
VAAR2055356

Short-term Rental Potential
arrow_drop_up

$43,740

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$767

Price/SQFT

Long-term Rental Potential
arrow_drop_up

$33,216

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$2,768/mo

Rent