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412 20TH Street NE

WASHINGTON, DC 20002
  • $1,399,900
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: DCDC2075002
UPDATED: 37 min ago
$1,399,900
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,600
    SQFT
  • $389
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1941
County:

School Ratings & Info

Description

Price improvement of $100,000!! Seller motivated so bring all offers. Welcome to this fantastic investment opportunity. This is a perfect first time investment. It has 2-5 bedroom 2 bath units. They are fully self contained and each unit has it's own HVAC and hot water heaters. It is separately metered for electric. Currently 100% leased out to Section 8 tenants. This is a cash cow! Own a piece of this up and coming neighborhood with a ton of construction going on and your investment will only increase in value. Owners are requesting that the buyer provide proof of funds or a lender letter. TOPA has not been issued. Leases, CofO and P&L avialble within the study period.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-07T07:53:33.713.
www.lisasellsdelaware.com/homes/134751830
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412 20TH Street NE WASHINGTON, DC 20002

  • Price: $1,399,900
  • Status: Active
  • On Site: 23 Days
  • Updated: 37 min ago
  • ID#: DCDC2075002
0
Beds
0
Baths
0
½ Baths
0.04
Acres
3,600
SQFT
$389
$/SQFT
1941
Built
Neighborhood:
Old City #1
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Price improvement of $100,000!! Seller motivated so bring all offers. Welcome to this fantastic investment opportunity. This is a perfect first time investment. It has 2-5 bedroom 2 bath units. They are fully self contained and each unit has it's own HVAC and hot water heaters. It is separately metered for electric. Currently 100% leased out to Section 8 tenants. This is a cash cow! Own a piece of this up and coming neighborhood with a ton of construction going on and your investment will only increase in value. Owners are requesting that the buyer provide proof of funds or a lender letter. TOPA has not been issued. Leases, CofO and P&L avialble within the study period.
Exterior Features

Architectural Style Federal Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Property Condition Very Good Riparian Rights YN No Soil Types Urban Land-Sassafras-Chillum Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2700 Appliances Built-In MicrowaveDishwasherDisposalDryerRange HoodRefrigeratorStoveWasherWasher/Dryer StackedWater Heater Below Grade Finished Area 900 Below Grade Unfinished Area 0 Cooling Central A/CHeat Pump(S) Fireplace YN No Fireplaces Total 0 Heating CentralHeat Pump(S) Heating YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Accessibility Features None Assessment Year 2022 Central Air YN Yes Cooling Fuel Electric Cross Street D Street Existing Lease Type Yearly Foundation Details Block Gross Income 129180.00 Heating Fuel Electric Hot Water Electric Navigable Water YN N Net Operating Income 111320.00 New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Number Of Units Vacant 0 Operating Expense 17860.00 Operating Expense Includes InsuranceAdvertisingSnow Removal Original MLSNumber 802008890740 Owner Pays Advertising/Licenses And PermitsAccounting/LegalAll UtilitiesCommon Area MaintenanceInsuranceManagementSewerSnow RemovalTaxes - Real EstateWater Ownership Interest Fee Simple Possession 31-60 Days CdSubject To Existing Lease Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 4238.00 Tax Assessment Amount 546220.00 Transportation Metro/Subway Station Less Than 1 MileBus Stop Less Than 1 Mile Vacation Rental YN No Water Source Public Window Features Double Pane Zoning Rf1

Listing courtesy of Long & Foster Real Estate, Inc.: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-07T07:53:33.713.
 
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