This 2-bedroom, 1-bathroom condominium offers the best of both worlds. Whether an excellent investment opportunity as a rental property, or the perfect first home for a new owner occupant. The unit features an open floor plan with a combination living and dining area that allows natural light to fill the space. The updated kitchen includes a combination washer and dryer for added convenience. Built in 1965, the building provides easy access to major highways and public transportation, enhancing its appeal to potential tenants or owners alike. The property is currently tenant-occupied, with a lease in place until June 2025, generating immediate rental income. The current annual rent collected is $23, 328, with a gross rent of $1, 944 per month, paid by the Greater Washington Urban League. This property is being sold AS IS, with seller generously offering a concession towards paint and carpet or flooring.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Central
- Heating: Yes
Appliances
Garage and Parking
- Parking Features: Off Street
Homeowners Association
- Association: No
- Association Fee: 426
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 426
School Information
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Other Property Info
- Annual Tax Amount: 530.0
- Source Listing Status: Coming Soon
- County: WASHINGTON
- Disclaimer: Standard
- Ownership: Condominium
- Source Property Type: Residential
- Area: WASHINGTON
- Property Subtype: condo
- Source Neighborhood: RANDLE HEIGHTS
- Subdivision: RANDLE HEIGHTS
- Source System Name: C2C
Building and Construction
- Year Built: 1965
- Above Grade Finished Area: 848
- Construction Materials: Brick
- Property Age: 60
- Levels or Stories: 1
- Structure Type: Unit/Flat/Apartment
- House Style: Traditional
- Total Area Sqft: 848