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$899,999
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Property Description
INVESTMENT OPPORTUNITY IN OLD TOWN NORTH, ALEXANDRIA VA - Income-producing 2 bedroom 1 bath corner condo facing the Mount Vernon Trail at Towngate North. Leased through January 2028 following 1.5 years of uninterrupted tenant income. Buyer assumes the lease at settlement, so income starts at closing with no vacancy gap. Residence 306 is the only floor plan of its kind in the building, a west/northwest facing corner unit with Mount Vernon Trail and protected National Park land directly outside. 984 sq ft interior space, 6-ft windows on two exposures, opening to a 128 sq ft balcony. 3 assigned garage spots and 1 storage unit convey. Unit includes $23,000 in owner upgrades: Swedish Croft Oak 7-inch wide-plank hardwood, two-tone micro shaker cabinetry with quartz counters & full-height backsplash, KitchenAid stainless suite, walk-in closet system, Brilliant, Sonos, and Ecobee smart home controls. Directly on the George Washington Memorial Parkway for a straight run into Washington, DC, minutes from King Street and Old Town Alexandria, and on the Mt Vernon Trail right against the Alexandria waterfront. Reagan National Airport, National Landing, and Arlington are all a short drive. Amenities include concierge, roof deck with fire pits and grills, fitness center, pet spa, bike storage, clubroom, and direct trail access. An ideal turnkey investment property for 1031 exchange buyers seeking placed income with no lease-up period. Cash and conventional investor financing welcome. Contact listing agent for more information.
Full Property Details
Full Property Details for 635 Slaters Ln #306
General
- Price: $899,999
- HOA FEE: $807/month
- Taxes: $8,137 (2026)
- Status: Active
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: VAAX2065762
- Updated: 10/3/2026
- Added to Site: 9 day(s) ago
Interior
- Interior Features: Bathroom - Walk-In Shower, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Sound System, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors
- Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Washer/Dryer Stacked
- Flooring: Engineered Wood, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Dryer In Unit, Washer In Unit
Additional Information
- Shared Amenities: Concierge, Elevator, Exercise Room, Fitness Center, Library, Meeting Room, Party Room
- Security/Safety: Carbon Monoxide Detector(s), Desk in Lobby, Main Entrance Lock, Security System, Smoke Detector
Exterior
- Exterior Features: Exterior Lighting
- Porch/Patio/Deck: Balcony, Brick
Parking
- Garage: Yes
- Garage Spaces: 3
- Assigned Spaces: 3
- Total Spaces: 3
- Parking Features: Secure Parking, Assigned
- Parking Type: Parking Garage
- Garage Description: Basement Garage, Covered Parking, Garage Door Opener, Underground, Additional Storage Area
Location
- County: ALEXANDRIA CITY
- Subdivision: OLD TOWN NORTH
- Cross Streets: Washington St/ G.W. Parkway
- Driving Directions: From Old Town/ King St: North on Washington St. cross over First St, and STAY RIGHT onto E. Abingdon Dr. Continue to light at SLATERS lane, turn RIGHT. Continue past the Salvation Army Bldg and make immediate LEFT at the drive entrance. FROM DC: take Parkway, exit to the RIGHT at Slaters Lane and then make IMMED. LEFT and cross over the Parkway. Salvation Army Bldg is on the left. The entrance to 625 is JUST AFTER the BLDG. and make a left and proceed up the drive. There is a section of curb that is not painted. You can park there or on street.
- Location Details: Adjoins National Park
- City Limits: Yes
School Information
- School District: Alexandria City Public Schools
Community
- Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Sewer, Trash, Water
- Pets Allowed: Yes
- Pets: Dogs OK, Cats OK
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Contemporary, Transitional, Unit/Flat
- Structure Type: Garden 1 - 4 Floors
- Builder: Brookfield
- Construction: Brick Veneer
- Windows: Double Pane, Screens, Sliding
- Entry Floor Number: 3
- Elevator(s ): 2
- Stories/Levels: 4
- Stories Description: Main
- Square Feet: 984
- Sq. Ft. Source: Estimated
- Living Area: 984 Sq. Ft.
- Finished Above Grnd: 984 Sq. Ft.
- Year Built: 2022
- Year Built Source: Estimated
- Property Condition: Excellent
Lot Features
- Property View: Park/Greenbelt, Trees/Woods, City
- Zoning: R
Financial Considerations
- Price Per Sq. Ft.: $914.63
- For Lease: Yes
- Condo Fee: $807
- Condo Fee Freq: Monthly
- Assessment Year: 2026
- City/TownTax: $8,137
- City/TownTax Freq: Annually
- Tax w/Assessment: $717,000
- Tax Amount: $8,137
- Tax Year: 2026
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Exclusions: Dining room and office chandelier lights
- Inclusions: All blinds and window treatments. Furniture can also be negotiated in the sale.
Listed by Corcoran McEnearney, Charlotte Lee
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Schools
Schools serving 635 Slaters Ln #306
School District:Alexandria City Public Schools
| Name | Grades | Distance |
|---|---|---|
Jefferson-Houston PreK-8 School 1501 Cameron Street, Alexandria, VA 22314 | PK-5 | 1.2 mi |
Alexandria City High School 3330 King Street, Alexandria, VA 22302 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 635 Slaters Ln #306
Date
Details
Price
Change
Source
9/30/2026
Listed
$899,999
24.86%
MLS
1/25/2023
Sold
$720,835
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 635 Slaters Ln #306
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,231
—
$717,000
—
2024
$8,231
36%
$717,000
32%
2023
$6,050
—
$545,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 635 Slaters Ln #306
635 Slaters Lane #306, Alexandria, VA 22314 (MLS# VAAX2065762) is a Condo property with 2 bedrooms and 1 full bathroom. 635 Slaters Lane #306 is currently listed for $899,999 and was received on September 30, 2026. Want to learn more about 635 Slaters Lane #306? Do you have questions about finding other Condo real estate for sale in Alexandria? You can browse all Alexandria real estate or contact a Coldwell Banker agent to request more information.

