Description
Introducing a turnkey investment property in the heart of Northeast Washington. This newly constructed duplex offers a fantastic opportunity to generate steady rental income.Property Highlights:Fully Occupied: Both units are currently leased, providing immediate cash flow.Income-Producing: The duplex generates a total monthly rental income of $5,036.Assumable Mortgage: Benefit from an attractive 3.624% interest rate on the existing mortgage.Prime Location: Located in a desirable neighborhood with excellent access to amenities and transportation.Unit Details:Unit #1 (Lower Levels): 4 bedrooms, 3 bathrooms, renting for $1,736 per month.Unit #2 (Upper Levels): 4 bedrooms + den (can be used as a bedroom), 3 bathrooms, renting for $3,300 per month.Investment Potential:Steady Rental Income: Enjoy consistent cash flow from both units.Appreciation: Benefit from the potential for property value appreciation in the Northeast Washington market.Tax Advantages: Explore potential tax benefits associated with owning rental property.Seller's Terms:Seller Prefers Worldwide Settlements: Please be prepared to close the transaction using a worldwide settlement company.Don't miss this opportunity to invest in a prime piece of real estate in Washington, DC. House is being sold AS-IS.
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0BEDS
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0.05ACRES
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0BATHS
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01/2 BATHS
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3,181SQFT
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$232$/SQFT
Description
Introducing a turnkey investment property in the heart of Northeast Washington. This newly constructed duplex offers a fantastic opportunity to generate steady rental income.Property Highlights:Fully Occupied: Both units are currently leased, providing immediate cash flow.Income-Producing: The duplex generates a total monthly rental income of $5,036.Assumable Mortgage: Benefit from an attractive 3.624% interest rate on the existing mortgage.Prime Location: Located in a desirable neighborhood with excellent access to amenities and transportation.Unit Details:Unit #1 (Lower Levels): 4 bedrooms, 3 bathrooms, renting for $1,736 per month.Unit #2 (Upper Levels): 4 bedrooms + den (can be used as a bedroom), 3 bathrooms, renting for $3,300 per month.Investment Potential:Steady Rental Income: Enjoy consistent cash flow from both units.Appreciation: Benefit from the potential for property value appreciation in the Northeast Washington market.Tax Advantages: Explore potential tax benefits associated with owning rental property.Seller's Terms:Seller Prefers Worldwide Settlements: Please be prepared to close the transaction using a worldwide settlement company.Don't miss this opportunity to invest in a prime piece of real estate in Washington, DC. House is being sold AS-IS.
©2024 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 Dart Homes | Long & Foster. 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: 2024-10-11T09:53:55.297.