Well maintained asset 5 unit Multi Family property, Each unit feature 2bedrooms and 1bath. Full occupancy annual gross rent of $93,420 and about 25% operating expenses, should leave the new owner with an estimate $70,065 NOI, conveniently located within the rapidly growing Congress Heights neighborhood of Southeast DC, just 0.6 miles from the St. Elizabeth's East, one of the largest developments in the DC area. The property is also located near convenient access to Public Transportation. 4 units occupied and one unit vacant , currently generating $6228 from the occupied 4 units. Each unit is set up with 2 bedrooms and 1 bathroom. Private rear parking lot for tenants. Great investment opportunity with immediate cash flow. Contact the listing agent for more details.
Well maintained asset 5 unit Multi Family property, Each unit feature 2bedrooms and 1bath. Full occupancy annual gross rent of $93,420 and about 25% operating expenses, should leave the new owner with an estimate $70,065 NOI, conveniently located within the rapidly growing Congress Heights neighborhood of Southeast DC, just 0.6 miles from the St. Elizabeth's East, one of the largest developments in the DC area. The property is also located near convenient access to Public Transportation. 4 units occupied and one unit vacant , currently generating $6228 from the occupied 4 units. Each unit is set up with 2 bedrooms and 1 bathroom. Private rear parking lot for tenants. Great investment opportunity with immediate cash flow. Contact the listing agent for more details.
Neighborhood
Type
County
Washington
Tax Amount
$3,764
Status
Active
Listing #
DCDC2137128
Built
1953
Lot Size
0.14
Listed on site
16 days
Listing Agent Id
121137285943