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607 18TH Street NE

WASHINGTON, DC 20002
  • $749,900
  • STATUS: Active Under Contract
  • ON SITE: 38 Days
  • ID#: DCDC2064430
Under Contract
UPDATED: 81 min ago
$749,900
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 840
    SQFT
  • $893
    $/SQFT
Neighborhood:
Type:
Multi-Family
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.

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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 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: 2022-10-06T23:52:00.213.
www.execuhome.com/homes/132554805
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607 18TH Street NE WASHINGTON, DC 20002

  • Price: $749,900
  • Status: Active Under Contract
  • On Site: 38 Days
  • Updated: 81 min ago
  • ID#: DCDC2064430
0
Beds
0
Baths
0
½ Baths
0.02
Acres
840
SQFT
$893
$/SQFT
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

Architectural Style Colonial Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types AlleyOn 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 840 Appliances Built-In MicrowaveDishwasherDisposalDryerExhaust FanRange HoodRefrigeratorStoveWasherWater Heater Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplace YN No Fireplaces Total 0 Heating Hot Water Heating YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 1

Property Features

Accessibility Features None Assessment Year 2021 Central Air YN No Cooling Fuel Electric Cross Street 18th Existing Lease Type Yearly Foundation Details Block Gross Income 58497.00 Heating Fuel ElectricCentral Hot Water Electric Navigable Water YN N Net Operating Income 28326.00 New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Number Of Units Vacant 0 Operating Expense 14929.00 Operating Expense Includes AdvertisingInsuranceSnow Removal Original MLSNumber 801843232060 Owner Pays Advertising/Licenses And PermitsAccounting/LegalAll UtilitiesCommon Area MaintenanceInsuranceManagementPest ControlRepairsSewerSnow RemovalWaterTaxes - Real Estate Ownership Interest Fee Simple Possession 31-60 Days CdSubject To Existing Lease Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 3808.00 Tax Assessment Amount 468840.00 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 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: 2022-10-06T23:52:00.213.
 
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