**Cash purchase only** INVESTOR ALERT! Immediate Cash Flow | Tenant in Place | Future Rent Upside Immediate cash flow from day one! Tenant-occupied 2BR/1BA condo generating $1,500/month with a reliable tenant in place through January. Below-market rent offers built-in upside at lease renewal, creating an opportunity to increase future revenue.… Read More Recently refreshed interior, assigned off-street parking, private storage, in-unit washer and dryer, secure building, and just minutes to Deanwood Metro. Cash purchase only. This is an outstanding opportunity for investors seeking immediate income with long-term appreciation potential. Located in a secure, professionally managed 14-unit condominium building, this well-maintained condo offers the ideal combination of stable cash flow and low-maintenance ownership. The current tenant has an excellent payment history, allowing you to purchase with confidence and begin collecting rental income immediately. Recently refreshed interior features a modern kitchen and renovated bathroom, along with the convenience of an in-unit washer and dryer. Additional value-added amenities include assigned off-street parking, a private storage unit, and a pet-friendly community, helping attract and retain quality tenants. The condo fee includes water, keeping operating expenses more predictable. Ideally situated just minutes from the Deanwood Metro Station (Orange Line), Metrobus routes, Route 50, I-295, and the Baltimore-Washington Parkway, residents enjoy easy access to Downtown Washington, DC, Capitol Hill, Maryland, and Northern Virginia. Shopping, restaurants, parks, and everyday conveniences are all nearby, supporting strong rental demand in this growing Northeast DC neighborhood. Whether you're expanding your rental portfolio, completing a 1031 Exchange, or searching for a turnkey investment with immediate income and future upside, this property delivers. Investment Highlights Immediate rental income at closing Current rent: $1,500/month Reliable tenant with an excellent payment history Below-market rent with future income growth potential Updated kitchen and renovated bathroom In-unit washer and dryer Assigned off-street parking Private storage unit Secure building access Pet-friendly community Water included in the condo fee Minutes to Deanwood Metro, Metrobus, Route 50, I-295, and BW Parkway Cash purchase only. Existing lease through January must be honored. A rare opportunity to acquire a performing investment property with immediate cash flow and the potential for increased returns. Read Less
Courtesy of Rebecca Williams, Real Broker, LLC 855-450-0442
Listing Snapshot
Days Online
38
Last Updated
Property Type
Condominium
Beds
2
Full Baths
1
Square Ft.
764
Year Built
1963
MLS Number
DCDC2270570
Additional Details
Building
Built in 1963, Built in 2004 (effective), Living area: 764, Levels: 1, Entry level: 1, Construction Materials: Brick Front
Cooling
Central A/C
Accessibility Features
None
Heating
Central
Home Owner's Association
Fee Includes: All Ground Fee, Common Area Maintenance, Management, Trash, Water, Amenities: None
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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