Newly Renovated 42011;Unit Apartment Building | Move2011;In Ready | High2011;Yield Investment Exceptional opportunity to own a fully renovated 42011;unit apartment building located in Northeast Washington, DC, just minutes from the U.S. National Arboretum with easy access to I2011;295 and the Baltimore2011;Washington Parkway. This property features four spacious 32011;bedroom units, with… Read More two units per floor, thoughtfully redesigned with modern finishes throughout. Renovations have just been completed, and the building has never been occupied since renovation - protective wrapping remains on all appliances, offering a truly turnkey investment. Property Highlights 42011;Unit Multifamily Building Four (4) 32011;Bedroom Units Two Units Per Floor Brand2011;New Renovation - Never Occupied Move2011;In Ready All2011;New Appliances (factory wrapping still intact) Gas Heating 2 On2011;Site Parking Spaces Located Near Arboretum, I2011;295, and BW Parkway Investment Performance Projected Annual Rental Income: $201,600 Impressive 26% CAP Rate Rear2011;Located Building Offering Privacy and Strong Tenant Appeal This is a rare, high2011;cash2011;flow asset ideal for investors seeking immediate income with minimal maintenance. Convenient location, strong rental demand, and brand2011;new construction quality combine to make this an outstanding long2011;term or value2011;add hold. Do not miss this exceptional Northeast DC investment opportunity. Read Less
Courtesy of Deborah D Boddie, Samson Properties 202-938-0228
Listing Snapshot
Days Online
0
Last Updated
Property Type
Quadruplex
Square Ft.
3,270
Lot Size
0.07 Acres
Year Built
1941
MLS Number
DCDC2250212
Additional Details
Building
Built in 1941, Built in 2026 (effective), Living area: 3270, Construction Materials: Brick
Cooling
Central A/C
Accessibility Features
None
Expenses
Insurance: $4,300, Maintenance: $6,000, Pest Control: $60, Trash: $3,600
Foundation
Block
Heating
90% Forced Air
Income
Gross Income: $181,440, Net Operating Income: $76,740, Apartment Rentals
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