Skip To Content

607 18TH Street NE

WASHINGTON, DC 20002
  • $749,900
  • STATUS: Active
  • ON SITE: 51 Days
  • ID#: DCDC2056638
UPDATED: 34 min ago
$749,900
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1926
County:

School Ratings & Info

Description

Price improvement of $50,000!! Seller motivated so bring all offers. Welcome to this fantastic investment opportunity. This is a perfect first time investment. It has 1-2 bedroom 1 bath unit and 2-1 bedroom 1 bath unit. 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. Here is a chance to own an investment property in an up and coming area with a ton of construction going on in the area. This is a cash cow! 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.

Monthly Payment Calculator



©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 ExecuHome Realty. 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: 2022-08-19T10:01:54.437.
www.execuhome.com/homes/130345488
Print Image

607 18TH Street NE WASHINGTON, DC 20002

  • Price: $749,900
  • Status: Active
  • On Site: 51 Days
  • Updated: 34 min ago
  • ID#: DCDC2056638
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1926
Built
Neighborhood:
Old City #1
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Price improvement of $50,000!! Seller motivated so bring all offers. Welcome to this fantastic investment opportunity. This is a perfect first time investment. It has 1-2 bedroom 1 bath unit and 2-1 bedroom 1 bath unit. 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. Here is a chance to own an investment property in an up and coming area with a ton of construction going on in the area. This is a cash cow! 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

Construction Materials Brick Garage YN No Parking Types On Street 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

Building Area Total 840.00 Cooling None Heating Hot Water Heating YN Yes Net Square Feet 840.00 Security Features Carbon Monoxide Detector(S)Smoke Detector

Property Features

Accessibility Features None Annual Gross Expense 14929.00 Assessment Year 2021 Business Type Apartment Building Central Air YN No Cooling Fuel Electric Cross Street 18th Foundation Details Block Gross Income 57683.00 Heating Fuel ElectricCentral Hot Water Electric Navigable Water YN N Net Operating Income 42756.00 New Construction YN No Number Of Units Total 2 Operating Expense Includes Management FeesLandscapingPest ControlRepair/MaintenanceSnow RemovalWater Original MLSNumber 801690435236 Owner Pays InsuranceManagementPest ControlRepairsServices (All)SewerSnow RemovalTaxes - Real EstateWater Ownership Interest Fee Simple Possession 31-60 Days CdSubject To Existing Lease Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 3808.00 Tax Assessment Amount 468840.00 Tax Lot 49 Vacation Rental YN No Water Source Public 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 ExecuHome Realty. 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: 2022-08-19T10:01:54.437.
 
https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_801690435236-2.jpg
Logo
ExecuHome Realty
9512 Harford Road, Suite 7
Parkville MD, 21234