$650,000

Estimated payment $4,141/month

Total Views 10,212
-- Bed
-- Bath
3,181 Sq Ft
$204 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Property is in excellent condition
  • Engineered Wood Flooring

About This Home

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. 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, (occupied)
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.

Listing Agent

David Webster

Samson Properties

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,154

Year Built

  • Built in 2021

Lot Details

  • 2,143 Sq Ft Lot
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Architectural Shingle Roof

Flooring

  • Engineered Wood
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 5261//0055

Community Details

Overview

  • 2 Units
  • Deanwood Subdivision

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,154

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Expected On Market: 2024-10-04
  • Year Built: 2021
  • Building Winterized: No
  • Remarks Public: 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. 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, (occupied) 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.
  • Special Features: 12

Interior Features

  • Flooring Type: Luxury Vinyl Plank, Engineered Wood, Ceramic Tile
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Permanent
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3344
  • Living Area Sq Ft: 3181
  • Price Per Sq Ft: 257.12
  • Above Grade Finished Sq Ft: 2528
  • Below Grade Finished Sq Ft: 653
  • Below Grade Sq Ft: 163
  • Total Below Grade Sq Ft: 816
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6013

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2143.00
  • Property Condition: Excellent
  • Soil Types: Unknown
  • Year Assessed: 2024
  • Zoning: RA-1
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Water
  • Rent Control: Yes
  • Total Actual Rent: 60432.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6154.00
  • Assessor Parcel Number: 5261//0055
  • Tax Data Updated: No
  • Tax Year: 2024

Multi Family

  • Gross Income: 60432.00

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Price Changed $650,000 -9.1% $204 / Sq Ft
01/15/2025 01/15/25 Price Changed $715,000 -0.7% $225 / Sq Ft
11/15/2024 11/15/24 Price Changed $720,000 -1.8% $226 / Sq Ft
10/22/2024 10/22/24 Price Changed $733,000 -0.7% $230 / Sq Ft
10/04/2024 10/04/24 For Sale $738,000 +1.9% $232 / Sq Ft
01/28/2022 01/28/22 Sold $724,000 +2.0% --
01/02/2022 01/02/22 Pending -- -- --
12/31/2021 12/31/21 For Sale $709,900 -- --
Source: Bright MLS

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Source: Bright MLS

MLS Number: DCDC2162120

Bright MLS

APN: 5261- -0055