$700,000
$749,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
1508 V ST SE Washington, DC 20020
3,044 SqFt
Key Details
Sold Price $700,000
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,044 sqft
Price per Sqft $229
MLS Listing ID DCDC2134558
Style Traditional
Year Built 1936
Annual Tax Amount $6,759
Tax Year 2023
Lot Size 4,182 Sqft
Property Description
Per the new rent reasonableness program average rents for a 2bed unit is $1650 per unit, allowing this building to generate a gross annual rent of $79,200. A little over 8% CAP rate
Great investment opportunity in Anacostia for owner occupied or investor looking for cashflow and appreciation in the rapidly revitalizing neighborhood ! This is a 4 - unit multi family property with 3 vacant units ready to move new tenants. all units are TRUE 2 bedrooms, ready to lease immediately. TOPA is completed.
Schedule you're showing online today! Contact the listing agent for more details!
Location
State DC
County Washington
Zoning R-3
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Wood
Exterior
Water Access N
Building
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Dry Wall
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Special Listing Condition Standard
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Bought with FASICA K Tadesse • DMV Realty, INC.