$848,000
$824,975
2.8%For more information regarding the value of a property, please contact us for a free consultation.
2007 4TH ST NE Washington, DC 20002
1,500 SqFt
Key Details
Sold Price $848,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $565
Subdivision Eckington
MLS Listing ID DCDC448398
Sold Date 01/07/20
Style Side-by-Side
HOA Y/N N
Abv Grd Liv Area 1,500
Originating Board BRIGHT
Year Built 1917
Annual Tax Amount $4,493
Tax Year 2019
Lot Size 1,648 Sqft
Acres 0.04
Property Description
Calling all investors!! You DON'T want to miss this rare chance to own a multi-family unit situated in Eckington- one of the hottest neighborhoods in all of DC. Just a 10 Minute Walk to Rhode Island Metro and and plenty of food an entertainment options right our your front door. The property is part of DC Housing Authority's Voucher program which is assumable by the new owner. GUARANTEED income of $5,800 per month or $2,900 per unit!! Yearly income of $69,600 and a Cap rate of 8.34% The numbers don't lie. You will be walking into a sizable passive income stream from Day 1! Options include: 1) Rent out both units for a excellent cashflow 2) Live in one unit and rent the other 3) Bump up to a third level and convert to condos. You can't lose with this one!
Location
State DC
County Washington
Zoning RF-1
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Other
Exterior
Garage Spaces 4.0
Water Access N
Roof Type Shingle
Accessibility Other
Total Parking Spaces 4
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Side-by-Side
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 3616//0031
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Joseph Stanton • Long & Foster Real Estate, Inc.
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