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Listed by Samuel Davis • Long & Foster Real Estate, Inc.
$210,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Carver Langston
MLS Listing ID DCDC2257154
Year Built 2025
Annual Tax Amount $1,790
Tax Year 2025
Property Sub-Type Other
Source BRIGHT
Property Description
Exceptional Investment Opportunity: 1-bedroom, 1-bathroom unit that is fully self-contained featuring its own HVAC, hot water heater and is separately meters for electric. It is currently rented out to a Section 8 Voucher tenant who is paying $1,900/month gross rent which offers reliable rental income and long-term growth. It can be purchased as a single unit or as a package deal along with 2 other units in the same building (B02 & 104 )-all 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. We are projecting between an 8%-9% 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
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District District Of Columbia Public Schools
Others
Tax ID 4494//2118
Ownership Condominium
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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