$1,374,900
 $7,381 est/mo Sourced by Back At You

612 Newton Pl NW , Washington, DC 20010

Washington, DC 20010

Share with a friend

Description

Introducing a prime investment opportunity (with an assumable mortgage at 3.75% and loan balance of $1,026,397.) nestled in the vibrant community of Columbia Heights. This 4-unit building, listed at $1,399,900, presents an enticing prospect for savvy investors seeking immediate returns. Boasting a convenient location near the Georgia Ave- Petworth metro station and a plethora of amenities, this property is an attractive choice for both tenants and investors alike. Each unit features 2 bed(s)/1 ba, updated appliances inclusive of an in-unit washer dryer combo, and a private patio, offering residents the utmost convenience. What sets this investment apart is its stable tenancy arrangement. The property is leased with a voucher subsidy program, ensuring consistent rental income. Additionally, all tenants are on month-to-month leases, providing flexibility for new ownership. T-12 available upon request. Generating over $11,000/mo in rental income, this property promises a strong return on investment. Its desirable amenities and strategic location make it a standout choice in Columbia Heights' competitive real estate market. Don't miss out on this exceptional opportunity to own a profitable investment property in one of Washington, D.C.'s most sought-after neighborhoods. Schedule a showing today to explore the potential of this remarkable 4-unit building. T-12 available upon request. Photos are from prior sale. All units are currently occupied.

Details

MLS#DCDC2134038
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1931
Days On Site122
Listing Provided ByColdwell Banker Realty - Washington | Taelor Salmon

Features

SQ Feet2,904
ZoningR1
Acreage0.06

Market Activity 20010

MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2024 Bright MLS, All Rights Reserved

Request a showing

Request a showing

Loading Form
Listings Checked: 4 minutes ago

Contact

Learn More About This Property

StateDC
CountyWashington
CityWashington
Zip Code20010
School DistrictDistrict Of Columbia Public Scho
Listing VS Median (in 20010)
Price:
$1,374,900
low | high
Med:
$667,500
100% of Average
SqFt:
2,904
low | high
Med:
1,855
86.139807162534% of Average
$ / SqFt:
$473
low | high
Med:
$399
65.760578031108% of Average
On Site:
122
low | high
Med:
90.500000
100% of Average
Sourced by Back At You
Listing Updated: July 11, 2024 at 7:39:05 PM PDT