$100,000 price reduction! 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 property features 2-6-bedroom, 3-bath units that are fully self-contained, each with its own HVAC system and hot water heater… Read More and separately metered for electricity. Currently, it's 100% leased to Section 8 tenants, making it a steady income producer. Located in a rapidly developing neighborhood with plenty of new construction, this investment is poised to grow in value. Buyers must provide proof of funds or a lender letter. TOPA hasn't been issued, and leases, CofO, and P&L will be available during the study period. Read Less
Courtesy of Samuel R Davis, Long & Foster Real Estate, Inc. 202-483-6300
Listing Snapshot
Days Online
1
Last Updated
Property Type
Townhouse
Square Ft.
3,500
Year Built
1909
MLS Number
DCDC2250870
Additional Details
Appliances & Equipment
Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Range Hood, Refrigerator, Stove, Washer, Water Heater
Building
Built in 1909, Built in 2024 (effective), Living area: 3500, Construction Materials: Brick
Cooling
Central A/C
Doors
Insulated
Accessibility Features
None
Expenses
Insurance: $4,435, Maintenance: $5,188, Operating: $39,684, Pest Control: $45
Foundation
Block
Heating
Central
Income
Gross Income: $158,735, Net Operating Income: $119,000, Apartment Rentals
Owner Pays
Accounting/Legal, Advertising/Licenses and Permits, Electricity, Common Area Maintenance, Pest Control, Repairs, Payroll, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
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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