250 S Reynolds St Apt 305, Alexandria, VA 22304

$239,000 Asking Price

1 bed
2 baths
1,086  sqft
Built in 1974

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.

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.

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.

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.

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.

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.

Features & Amenities

Interior

Rooms:
Living Room,Dining Room,Primary Bedroom,Kitchen,Primary Bathroom,Half Bath
Appliances:
Dryer,Washer
Laundry:
Y
A/C:
Wall Unit
Heating:
Y, Wall Unit, Electric
Disability Feature:
Elevator

Exterior

General:
Above Grade,Below Grade
Style:
Other
Parking:
General Common Elements,Permit Included,Unassigned

Construction

General:
Brick,Concrete, 1

Location

HOA Amenities:
Common Grounds,Elevator,Meeting Room,Picnic Area,Pool - Outdoor,Tennis Courts,Extra Storage,Reserved/Assigned Parking,Swimming Pool,Tot Lots/Playground, Custodial Services Maintenance,Ext Bldg Maint,Lawn Maintenance,Management,Insurance,Pool(s),Snow Removal,Trash,Water,Reserve Funds, 668.45, Monthly
Originating MLS:
BRIGHT_MAIN
School District:
ALEXANDRIA CITY PUBLIC SCHOOLS
County:
ALEXANDRIA CITY

Lot

Zoning:
RC, 36522800

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
RLAH @properties, Eli Tucker

About Alexandria, VA

Housing

Number of Units
159,458
Median Home Value
$546,166
Median Rent
$1,670

47.47% of housing units are renter occupied.

4.82% are vacant.

Commute

Car
49.56%
Public Transportation
10.74%
Walk to Work
1.73%
Work from Home
36.60%
Other
0.75%

The median travel time to work is 22 minutes.

People

Population
343,664
Median Age
38.00
Median Household Size
2.59

Education

High School
13.45%
Associate’s Degree
6.06%
Bachelor’s Degree
29.77%
Graduate Degree
29.98%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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