Property Map
Street View
Courtesy of Marian I Huish, EXP Realty, LLC {attribution_contact}
Description
Seize a prime cash-flow and further development opportunity in the flourishing Congress Heights neighborhood! Property is being offered with 2 long-term tenants conveying at $4,300 monthly rental income & $40,277 annual net operating income (8.2 Cap Rate). The seller had initiated plans of enhancing the property by expanding the rear of the house, with plans readily available for review or simply keep the property in its current condition. Ideally situated within walking distance to the Congress Heights Metro station, this property is perfectly positioned for comfort and convenience for cash flow and/or use as your own personal residence. Perfect for hands-off investor looking for cash flow and appreciation in a vibrant neighborhood!
Property Details and Features
Appliances & Equipment
- Built-In Microwave
- Dishwasher
- Disposal
- Exhaust Fan
- Oven/Range – Gas
- Range Hood
- Refrigerator
- Stove
- Washer/Dryer Stacked
- Water Heater
Basement
- Outside Entrance
- Partially Finished
- Rough Bath Plumb
- Side Entrance
Bathrooms
- 5 total bathrooms
- 2 bathrooms on all lower levels
- 2 bathrooms on all upper levels
- 4 full bathrooms
- 1 full bathroom on main level
- 1 half bathroom
Bedrooms
- 2 bedrooms on lower levels
- 2 bedrooms on upper levels
- 4 bedrooms
Building
- 1,692 sqft living area
- 1,104 sqft above grade (finished)
- 588 sqft below grade (finished)
- 184 sqft below grade (unfinished)
- Built in 1941
- Major renovation in 2016
- Structure Type: Twin/Semi-Detached
- 3 levels
- Colonial
- Brick
- Masonry
Cooling
- Central Air
- Natural Gas
- Electric
- Central A/C
Exterior Features
- Sidewalks
Fence
- Wood
Floors
- Wood
- Ceramic Tile
Foundation
- Permanent
Heating
- Natural Gas
- Forced Air
Interior Features
- 2nd Kitchen
- Floor Plan – Open
- Kitchen – Galley
- Kitchen – Island
- Sound System
- Upgraded Countertops
- WhirlPool/HotTub
- Window Treatments
- Wood Floors
Laundry
- Upper Floor
Listing
- 71 days on market
- $435 per sqft
- Property Sub Type: Twin Home
Location
- County: Washington
- Subdivision: Congress Heights
Lot
- 6,618 sqft
- 0.15 acres
- Rear Yard
Property
- Other Structures: Above Grade,Below Grade
- Soil Types: Unknown
Schools
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- High School: BALLOU SENIOR
Sewer
- Public Sewer
Taxes
- City/Town Tax: $1,175
- City/Town Tax Pymnt Freq: Annually
- County Tax Pymnt Freq: Annually
- Tax Annual Amount: $1,175
- Tax Year: 2021
Utilities
- Hot Water: Natural Gas
This content last updated on May 18, 2024 21:02.