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Undisclosed, Washington, DC 20002

$1,099,900

—
bed
—
bath
2,461
Sqft ($447/Sqft)

Multi-family for sale 18 hours

About Undisclosed

Property type Multi-family

Neighborhood

Year built 1975

HOA fee $0/month

Lot size 2,054 Sqft

Rental estimate

Property description

Exceptional and separately metered 2-unit property in pristine condition—ideal for investors seeking strong rental income and long-term growth. It has 2–4-bedroom 1 bath units. They are fully self-contained and each unit has its own HVAC and hot water heaters. Currently 100% leased out to Section 8 tenants for a guaranteed income stream! This is a cash cow! Own a piece of this up-and-coming neighborhood with a ton of construction going on. TOPA has not been issued. Leases, CofO and P&L available within the study period. 24-hour notice required for showing.

Listed by

Listing Agent - Samuel R Davis

Listing Office - Long & Foster Real Estate, Inc.

Source: Bright MLS

MLS#DCDC2284650 • last updated 22 hours ago

Movoto checked Bright MLS for data 1 hour ago

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Overview
Cooling/AC	Central A/C, Heat Pump(s), Electric
Heating	Electric
Levels/Style	Federal
Type	Multi-Family
SubType	Duplex
Status	Active
SqFt	2461
Lot Size (SqFt)	2054
Lot Size (Acres)	0.05
City/ Town Tax	6968
Tax: Assessed Value	833750
Annual Property Tax	6968
Year Built	1975
Condition	Good
New Construction (Y/N)	N
Foreclosure (Y/N)	N

Interior
Appliances	Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Range Hood, Refrigerator, Stove, Washer, Washer/Dryer Stacked, Water Heater
Window Features	Double Pane
Accessibility Features	None

Exterior
Construction	Brick
Foundation	Block
Parking Desc	On Street
Existing Structures	Above Grade, Below Grade

Amenities / Utilities
Sewer/ Septic	Public Sewer
Pool	No Pool

Location
Subdivision	OLD CITY #1
Water Source	Public
School District	DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Directions	Florida Ave NE Turns Right And Becomes 14th St NE, Use The Left 2 Lanes To Turn Left Onto H St NEContinue Onto Benning Rd NE, Turn Right Onto 17th St NE, Turn Right Onto F St NE, Destination Will Be On The Right.
Zoning	RF1

Multifamily Details
# 3-Bedroom Units	2
Vacancy Allowance Rate	5
# Units Month To Month	2
Gross Income	124896
Expense: Pest Control	214
Net Operating Income	93672
Expense: Insurance	2091
Operating Expense	31224
Cap Rate	8.5
Expense: Trash	1395
Gross Scheduled Income	124896