Description
This rare gem is a 75% vacant apartment building that was recently renovated. This is a turn-key investment that has possibilities for renting out all the units for a potential gross income of $5,440, OR turning each unit into condos down the road (condos across the street have sold for $300k+), OR living in one unit and having tenants cover $4,000 of your mortgage! Lots of possibilities, and the neighborhood has immense potential with all of the huge developments going into Congress Heights!
When interest rates come back down, properties like these have a tendency to become unaffordable! This is your chance to get in at a great price and refinance down the road to make your cashflow even stronger! Do not miss it!
Location
Similar Listings
Commercial Sale
$20,000,000
MLS# DCDC2019030
ACTIVE
Courtesy of: TTR Sotheby's International Realty
Residential
$19,500,000
MLS# DCDC2071350
PENDING
Courtesy of: Compass
Residential
$14,500,000
MLS# DCDC2069548
ACTIVE
Courtesy of: TTR Sotheby's International Realty
Residential
$14,250,000
MLS# DCDC2031624
ACTIVE
Courtesy of: Washington Fine Properties, LLC
Commercial Sale
$13,699,000
MLS# DCDC2055480
ACTIVE
Courtesy of: RE/MAX Realty Services
Commercial Sale
$13,000,000
MLS# VAAR2026464
ACTIVE
Courtesy of: Libra Realty, LLC
Residential
$12,500,000
MLS# MDMC2071420
ACTIVE
Courtesy of: TTR Sotheby's International Realty
Commercial Sale
$11,990,000
MLS# DCDC2038372
ACTIVE
Courtesy of: TTR Sotheby's International Realty
Residential
$11,500,000
MLS# MDMC756732
ACTIVE
Courtesy of: TTR Sotheby's International Realty
Residential
$10,950,000
MLS# MDMC2066870
ACTIVE
Courtesy of: TTR Sotheby's International Realty
Residential
$10,500,000
MLS# DCDC2067172
ACTIVE
Courtesy of: TTR Sotheby's International Realty
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Courtesy of: Realty One Group Performance, LLC Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 30th January, 2023 11:10 AM (UTC)
