Discover a prime investment opportunity in Hillcrest, DC with this fully renovated 4-unit property, currently fully occupied and generating robust income. Over $550,000 has been invested in renovating this turnkey gem, which boasts sleek laminate floors, elegant granite countertops, stainless steel appliances, and convenient washer and dryer hookups in every unit. Additionally, it features a paid-off solar system valued at over $56,000 and will convey for the right offer. The property includes two 2-bedroom units and two 3-bedroom units, delivering a current monthly rental income of $7,703 and an additional $8,000+ annually from owned solar panels. Located just across the river from Capitol Hill, residents enjoy vibrant city life combined with a tranquil retreat. Proximity to public transportation further enhances its appeal. Tenants cover all utility costs. Additionally, if desired, one unit can be vacated for owner occupancy. Seize the chance to add this high-performing, income-generating property to your investment portfolio, offering both immediate returns and long-term appreciation.
Mls | DCDC2154388 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1940 |
Days On Site | 114 |
Listing Provided By | RE/MAX Allegiance | Sebrin Adem |
Sq Feet | 2,720 |
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Zoning | NA |
Acreage | 0.09 |
State | DC |
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County | Washington |
City | Washington |
Zip Code | 20019 |
School District | District Of Columbia Public Scho |
Listing VS Median (in 20019) | |
Price: $1,150,000 low | high Med: $399,900 SqFt: 2,720 low | high Med: 1,656 $ / SqFt: $423 low | high Med: $261 On Site: 114 low | high Med: 34.000000 |