Sellers are motivated so make an offer. Exceptional and separately metered 2-unit property in pristine condition - ideal for investors seeking strong rental income and long-term growth. The building has a townhouse with 5-bedrooms 2 baths and a new construction townhouse with 8 bedrooms and 2 baths. They are fully… Read More self-contained, and each unit has its own HVAC and hot water heaters. It is separately metered for electric. Currently 100% leased out to Section 8 tenants for guaranteed income! This is a cash cow! Own a piece of this up-and-coming neighborhood with a ton of construction going on and your investment will only increase in value. TOPA has not been issued. Leases, CofO and P&L available within the study period. Read Less
Courtesy of Samuel R Davis, Long & Foster Real Estate, Inc. 202-483-6300
Listing Snapshot
Days Online
47
Last Updated
Property Type
Commercial
Square Ft.
3,478
Year Built
1939
MLS Number
DCDC2260082
Additional Details
Property Access
Road Surface: Alley
Building
Built in 1939, Built in 2018 (effective), Construction Materials: Brick
Cooling
Central A/C
Accessibility Features
None
Expenses
Operating: $68,356
Foundation
Block
Heating
Central
Income
Gross Income: $156,684, Gross ScheduledIncome: $156,684, Net Operating Income: $88,328
Owner Pays
Accounting/Legal, Common Area Maintenance, Insurance, Management, Pest Control, Snow Removal, Sewer, Water, Trash Collection, Taxes - Real Estate
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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