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ActiveWashington, DC, 20002
It can be purchased as a single unit or as a package deal along with 2 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.
Listed by: Samuel R Davis, Long & Foster Real Estate, Inc.
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