$665,000
$650,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
3,600 Sqft Lot
SOLD DATE : 06/08/2018
Key Details
Sold Price $665,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Brentwood
MLS Listing ID 1004437803
Sold Date 06/08/18
Style Other
HOA Y/N N
Originating Board MRIS
Year Built 1942
Annual Tax Amount $3,785
Tax Year 2017
Lot Size 3,600 Sqft
Acres 0.08
Property Description
Rewarding investment opportunity now available. Four 1/1 apartments in very good condition, Central AC, in-unit W/D's, separately metered electric with zero vacancy and no delinquency. 6%+ Cap Rate, 9%+ ROI from Day 1 with great upside on rents and possibility to expand in the rear. Huge size lot located on quiet street with exciting new development projects flooding the Ivy City market.
Location
State DC
County Washington
Zoning RF-1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 4047//0015
Ownership Fee Simple
Special Listing Condition Standard
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Bought with Guo Yan Fei • United Realty, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "