UPDATED:
10/14/2024 09:44 PM
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,181 sqft
Price per Sqft $232
Subdivision Deanwood
MLS Listing ID DCDC2162120
Style Traditional,Other
Abv Grd Liv Area 2,528
Originating Board BRIGHT
Year Built 2021
Annual Tax Amount $5,788
Tax Year 2023
Lot Size 2,143 Sqft
Acres 0.05
Property Description
Property Highlights:
Fully Occupied: Both units are currently leased, providing immediate cash flow.
Income-Producing: The duplex generates a total monthly rental income of $5,036.
Assumable FHA Mortgage: Benefit from an attractive 3.624% interest rate on the existing mortgage.
Prime Location: Located in a desirable neighborhood with excellent access to amenities and transportation.
Unit Details:
Unit #1 (Lower Levels): 4 bedrooms, 3 bathrooms, renting for $1,736 per month.
Unit #2 (Upper Levels): 4 bedrooms + den (can be used as a bedroom), 3 bathrooms, renting for $3,300 per month.
Investment Potential:
Steady Rental Income: Enjoy consistent cash flow from both units.
Appreciation: Benefit from the potential for property value appreciation in the Northeast Washington market.
Tax Advantages: Explore potential tax benefits associated with owning rental property.
Seller's Terms:
Seller Prefers Worldwide Settlements: Please be prepared to close the transaction using a worldwide settlement company.
Don't miss this opportunity to invest in a prime piece of real estate in Washington, DC. House is being sold AS-IS.
Location
State DC
County Washington
Zoning RA-1
Rooms
Basement Fully Finished
Interior
Hot Water Electric
Heating Central, Forced Air
Cooling Central A/C
Flooring Luxury Vinyl Plank, Engineered Wood, Ceramic Tile
Fireplace N
Heat Source Electric
Exterior
Waterfront N
Water Access N
Roof Type Architectural Shingle
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Permanent
Sewer Public Sewer
Water Public
Architectural Style Traditional, Other
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5261//0055
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Assumption, Cash, FHA, Conventional, VA, Private, Other
Listing Terms Assumption, Cash, FHA, Conventional, VA, Private, Other
Financing Assumption,Cash,FHA,Conventional,VA,Private,Other
Special Listing Condition Standard
