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$ 290,000
Est. payment | /mo
$ 290,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2257244
Subdivision Carver Langston
Short Sale No
Originating MLS BRIGHT
Property Description
It can be purchased as a package deal along with 3 other units in the same building (104 & 305 )-all will be fully leased to Voucher tenants. With 100% occupancy and individual metering, this is an ideal cash-flow investment. Located in a rapidly developing neighborhood with ongoing construction, your investment is positions for future appreciation. Current rent $3,350/month which is $40,200/year. Condo fee is $336/month which is $4,032/year. Taxes have not been assessed by DC yet. We are projecting between a 7%-8% cap rate. Showings can only be Mon-Saturday from 9-4pm. No Sunday showings.
Location
State DC
County Washington
Zoning RF1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
1-purchase type For Sale
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Building
New Construction Y
Sewer Public Sewer
Water Public
Schools
School District District Of Columbia Public Schools
Others
Tax Amount $2,500
Tax Year 2026
Tax ID 4494//0096
Ownership Condominium
Special Sale Standard
testyfx76
Listed by Samuel Davis • Long & Foster Real Estate, Inc.
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