INVESTOR ALERT - BUY/HOLD OPPORTUNITY. This 1-bed/1-bath condo at 721 Brandywine St SE, Unit 102 is tenant-occupied and cash-flowing from day one. The tenant is paying $1,410/month on a 1-year lease. At the $135,000 list price, the gross rent yield is approximately 12.5%. After the condo fee of $352.42/month (covers… Read More water and building maintenance), the net yield is approximately 9.4%. That's a strong return for a stabilized DC rental with no lease-up risk. The unit is 571 sq ft and lives well. Hardwood-style laminate floors run through the living room and hallway. The galley kitchen has dark granite counters, wood cabinets, and a full appliance package. The bathroom has classic black-and-white penny tile, a soaking tub, and two windows. The bedroom gets natural light and has a closet. In-unit stacked washer/dryer is included. So is a parking lot space. Condo fee is $352.42/month and covers water and basic building maintenance. Built in 1953. Southeast DC location near Anacostia and the Suitland Pkwy corridor. For an investment review or private showing, contact Troy Patterson, TTR Sotheby's International Realty. Read Less
Courtesy of Troy Patterson, TTR Sotheby's International Realty 202-234-3344
Listing Snapshot
Days Online
1
Last Updated
Property Type
Condominium
Beds
1
Full Baths
1
Square Ft.
571
Year Built
1953
MLS Number
DCDC2260720
Additional Details
Building
Built in 1953, Living area: 571, Levels: 4, Entry level: 1, Construction Materials: Brick
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