$1,125,000
$1,195,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
4606 HILLSIDE RD SE Washington, DC 20019
2,556 SqFt
Key Details
Sold Price $1,125,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,556 sqft
Price per Sqft $440
MLS Listing ID DCDC2154140
Style Traditional
Year Built 1942
Annual Tax Amount $3,506
Tax Year 2024
Lot Size 3,565 Sqft
Property Description
Back on the MARKET! PRIME investment opportunity boasting an impressive 10.5%+ CAP rate!!! Multi-family building in Washington, DC features 4 fully-occupied units, with a steady monthly income of $12,400. All units are rented through DCHA housing vouchers, ensuring consistent and reliable cash flow. This building not only delivers strong financial returns but also includes a dedicated on-site Super who efficiently handles maintenance and tenant concerns. Building layout is Two, 5 -bedroom units and Two, 2 bedroom units. Additional perks include convenient rear off-street parking and coin operated laundry room bringing in additional income. Don't miss your chance to invest in this well-managed, high-yield asset in a vibrant SE DC.
Location
State DC
County Washington
Zoning R2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Exterior
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Special Listing Condition Standard
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Bought with Marlena D McWilliams • Keller Williams Capital Properties