Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1941
Sq.Footage
3,296
This is a 4-unit apartment building located in the Brookland neighborhood of Washington, D.C. All four units were renovated approximately four years ago and are configured to function as 3-bedroom, 1-bath layouts. The property can be delivered up to 75% vacant at closing, allowing an investor to immediately lease the three vacant units while maintaining the existing in-place tenant. At stabilization, projected rents are approximately $12,128 per month. Expenses are efficiently managed at roughly 10% of gross income (financials available for verification). For an FHA buyer, there is an opportunity to occupy one unit while leasing out the remaining units, including the current tenant, generating approximately $8,537 per month in rental income. Showings are available by appointment.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Above Grade Finished Area
3296.0
-
Cooling YN
YES
-
Cooling
Other
-
Heating YN
YES
-
Heating
Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick Veneer
-
Parking
Off Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.09
-
Lot Size(square feet)
3840.0
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Other
Price
-
Sales Price
$900,000
-
Tax Amount
$8,471
-
Sq. Footage
3, 296
-
Price/SqFt
$273
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
New Construction
YES
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
WASHINGTON
Elementary School
Middle School
High School
Listing Courtesy of So Tayebi , HomeSmart
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AGENT
Rosie Dove
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