250 S Reynolds St Unit 305, Alexandria, VA 22304

Property Description

Excellent value at lowest $/sqft of any nearby sale priced $200k-$300k. Amazing lender programs available for most buyers -- up to $5k closing cost credit and 0.5% rate discount. Even better programs available for anybody already living nearby in the same census tract. <BR><BR> Unbeatable value in a nearly 1,100 sqft 1BR condo with a guest bathroom, in-unit laundry, work-from-home space, tons of storage, and a huge balcony. Brand new electrical panel (2024). The drywall of the walls and ceilings were completely replaced and painted in 2018, making the unit feel fresh and new. <BR><BR> The Templeton community offers unparalleled amenities including a large outdoor pool, basketball/tennis/pickleball court, kids play and climbing area, firepit, picnic tables, and grills. Two parking spaces in gated/secure parking and plenty of guest parking, and storage units available for rent from the building. <BR><BR> Enjoy the spoils of a great investment -- just minutes away the 4 million sqft, $2 billion, 52-acre mixed-use redevelopment of the former Landmark Mall into a state-of-the-art INOVA hospital and medical center, two retail and restaurant pavilions, an open rooftop area, trails, a skating rink, and more. <BR><BR> Conveniently located five minutes from Metro with direct bus service available. Minutes to Wegmans, Old Town Alexandria, Ben Brenman Park, and local favorites Aslin Beer Company and Port City Brewery. Easy drive to Washington DC, Tysons, Pentagon, Amazon HQ2, two airports, and all major Northern VA commuting routes. <BR><BR>This is also a great affordable investment opportunity with monthly rent projected at $1,900+/month and future appreciation of rental rates and market value with the nearby4 million sqft, $2 billion, 52-acre mixed-use redevelopment of the former Landmark Mall.