Welcome to a turnkey income producing property in the heart of East Dupont Circle. Gut renovated in 2006, the property was reimagined into three modern residences, featuring exposed brick, stainless steel appliances, open-concept living spaces, generously sized bedrooms, and private rear balconies. Ideally positioned just steps from some of the neighborhood’s favorite dining spaces, including Hank’s, Astoria, and Anju, with morning coffee at ThreeFifty and Java House. Whole Foods, Safeway and the Dupont Sunday Farmer's Market are blocks away, while downtown, Logan Circle, and Adams Morgan are all within a ten minute walk.
The property currently generates $6,300/month with one unit vacant, which provides the perfect opportunity for owner occupied house hacking and allowing the rental income to help pay your mortgage. Projected fully occupied income of $8,925/month and a 5.16% cap rate. All utilities are on a single meter. The property is already established as a condominium, creating future flexibility to sell the units individually once reestablishing the condominium association. A compelling opportunity for investors seeking immediate income, strong rental demand, and long-term flexibility in one of DC’s most walkable neighborhoods. Showings times are limited due to current tenancy.
2,028 Sq Ft
1,742 Sq Ft Taille du lot
investissement
1 083 $US Impôt mensuel
Intégré 1909
MLS/Identifiant de l'annonce DCDC2277920
3 Unités
Parking - Private
Heating - Electric
Slab
Bois dur
Climatisation - Climatisation centrale
Construction - Masonry
Construction - Brick
Style - Federal
Élimination
Lave-vaisselle
Réfrigérateur
Micro-ondes
Appareils électroménagers en acier inoxydable
Public Water
Public Sewer
Appartement
COÛT MENSUEL TOTAL
0 $US
0 $US
0 $US
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