Back on the MARKET! PRIME investment opportunity boasting an impressive 10.5%+ CAP rate!!! Multi-family building in Washington, DC features 4 fully-occupied units, with a steady monthly income of $12,400. All units are rented through DCHA housing vouchers, ensuring consistent and reliable cash flow. This building not only delivers strong financial returns but also includes a dedicated on-site Super who efficiently handles maintenance and tenant concerns. Building layout is Two, 5 -bedroom units and Two, 2 bedroom units. Additional perks include convenient rear off-street parking and coin operated laundry room bringing in additional income. Don’t miss your chance to invest in this well-managed, high-yield asset in a vibrant SE DC.
Mls | DCDC2154140 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1942 |
Days On Site | 111 |
Listing Provided By | Real Broker, LLC | Anthony R Howard |
Sq Feet | 3,834 |
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Zoning | R2 |
Acreage | 0.08 |
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: $1,195,000 low | high Med: $399,900 SqFt: 3,834 low | high Med: 1,200 $ / SqFt: $312 low | high Med: $333 On Site: 111 low | high Med: 40.000000 |