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Listed by Samuel Davis • Long & Foster Real Estate, Inc.
$290,000
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 DCDC2243536
Year Built 2025
Annual Tax Amount $3,306
Tax Year 2022
Property Sub-Type Other
Source BRIGHT
Property Description
It can be purchased as a package deal along with 3 other units in the same building (304, 407 & 409)-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. Current rent $3,350/month which is $40,200/year. Condo fee is $382/month which is $4,584/year. Taxes have not been assessed by DC yet. We are projecting between a 7%-8% cap rate.
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//0096
Ownership Condominium
Special Listing Condition Standard
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