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412 20TH Street NE

WASHINGTON, DC 20002
  • $1,399,900
  • STATUS: Active
  • ON SITE: 51 Days
  • ID#: DCDC2056642
$1,399,900
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Old City #1
Type:
Commercial
Built:
1941
County:
Washington

School Ratings & Info

School District:
District Of Columbia Public Schools
Visit GreatSchools.org

Description

Price improvement of $100,000!! Seller motivated so bring all offers. Welcome to this fantastic investment opportunity. This is a perfect first time investment. It has 2-5 bedroom 2 bath units. They are fully self contained and each unit has it's own HVAC and hot water heaters. It is separately metered for electric. Currently 100% leased out to Section 8 tenants. This is a cash cow! Own a piece of this up and coming neighborhood with a ton of construction going on and your investment will only increase in value. Owners are requesting that the buyer provide proof of funds or a lender letter. TOPA has not been issued. Leases, CofO and P&L avialble within the study period.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Newman Real Estate Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-18T23:59:53.137.
www.thinknewman.com/homes/130345506
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412 20TH Street NE WASHINGTON, DC 20002

  • Price: $1,399,900
  • Status: Active
  • On Site: 51 Days
  • ID#: DCDC2056642
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1941
Built
Neighborhood:
Old City #1
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Price improvement of $100,000!! Seller motivated so bring all offers. Welcome to this fantastic investment opportunity. This is a perfect first time investment. It has 2-5 bedroom 2 bath units. They are fully self contained and each unit has it's own HVAC and hot water heaters. It is separately metered for electric. Currently 100% leased out to Section 8 tenants. This is a cash cow! Own a piece of this up and coming neighborhood with a ton of construction going on and your investment will only increase in value. Owners are requesting that the buyer provide proof of funds or a lender letter. TOPA has not been issued. Leases, CofO and P&L avialble within the study period.
Exterior Features

Construction Materials Brick Garage YN No Parking Features Surface Parking Types Driveway Property Condition Very Good Riparian Rights YN No Soil Types Urban Land-Sassafras-Chillum Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2700.00 Cooling Central A/CHeat Pump(S) Heating CentralHeat Pump(S) Heating YN Yes Net Square Feet 2700.00 Security Features Carbon Monoxide Detector(S)Smoke Detector

Property Features

Accessibility Features None Annual Gross Expense 32537.00 Assessment Year 2021 Business Type Apartment Building Central Air YN Yes Cooling Fuel Electric Cross Street D Street Foundation Details Block Gross Income 130504.00 Heating Fuel Electric Hot Water Electric Navigable Water YN N Net Operating Income 97967.00 New Construction YN No Number Of Units Total 2 Operating Expense Includes InsuranceLandscapingManagement FeesPest ControlRepair/MaintenanceSewerSnow RemovalTrashWater Original MLSNumber 801690440268 Owner Pays Common Area MaintenanceInsuranceManagementLawn/Shrub CarePest ControlRepairsServices (All)SewerSnow RemovalTaxes - Real EstateWater Ownership Interest Fee Simple Possession 31-60 Days CdSubject To Existing Lease Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 4052.00 Tax Assessment Amount 498580.00 Tax Lot 104 Vacation Rental YN No Water Source Public Zoning Rf1

Listing courtesy of Long & Foster Real Estate, Inc.: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Newman Real Estate Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-18T23:59:53.137.
 
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The Newman Real Estate Group | Keller Williams Flagship of Maryland
231 Najoles Rd., Suite 100
Millersville MD, 21108