Description
Introducing a turnkey investment property in the heart of Northeast Washington. This newly constructed duplex offers a fantastic opportunity to generate steady rental income.Property Details:*Unit 1 is an Inclusionary Zoning unit and the tenant pays $1736 a month. The lease runs from Aug 2024-Aug 2026. Unit 2 is VACANT.*Assumable FHA Mortgage: Assume the current FHA mortgage at an impressive 3.624% interest rate on the existing mortgage.*Prime Location: Located in a desirable neighborhood with excellent access to amenities and transportation.Unit Details:Unit #1 (Lower Levels): 4 bedrooms, 3 bathrooms, renting for $1,736 per month.Unit #2 (Upper Levels): 4 bedrooms + den (can be used as a bedroom), 3 bathrooms. (VACANT)Investment Potential:Steady Rental Income: Enjoy consistent cash flow from both units.Appreciation: Benefit from the potential for property value appreciation in the Northeast Washington market.Tax Advantages: Explore potential tax benefits associated with owning rental property.Don't miss this opportunity to invest in a prime piece of real estate in Washington, DC. House is being sold AS-IS.
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0BEDS
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0.05ACRES
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0BATHS
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01/2 BATHS
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3,181SQFT
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$226$/SQFT
Description
Introducing a turnkey investment property in the heart of Northeast Washington. This newly constructed duplex offers a fantastic opportunity to generate steady rental income.Property Details:*Unit 1 is an Inclusionary Zoning unit and the tenant pays $1736 a month. The lease runs from Aug 2024-Aug 2026. Unit 2 is VACANT.*Assumable FHA Mortgage: Assume the current FHA mortgage at an impressive 3.624% interest rate on the existing mortgage.*Prime Location: Located in a desirable neighborhood with excellent access to amenities and transportation.Unit Details:Unit #1 (Lower Levels): 4 bedrooms, 3 bathrooms, renting for $1,736 per month.Unit #2 (Upper Levels): 4 bedrooms + den (can be used as a bedroom), 3 bathrooms. (VACANT)Investment Potential:Steady Rental Income: Enjoy consistent cash flow from both units.Appreciation: Benefit from the potential for property value appreciation in the Northeast Washington market.Tax Advantages: Explore potential tax benefits associated with owning rental property.Don't miss this opportunity to invest in a prime piece of real estate in Washington, DC. House is being sold AS-IS.
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