Description
Uncover an incredible house-hacking opportunity in Fort DuPont Park with this well-maintained, four-unit income-generating property. Ideally located just a short walk from Pennsylvania Avenue, youll enjoy quick access to downtown D.C. and Capitol Hill. Each unit boasts one bedroom and a den, with two units available for immediate occupancy, one leased until November 15, 2024, and another awaiting your renovation ideas.Seize the opportunity with this turnkey multi-unit property to elevate your income while embracing the joys of homeownership. Your investment journey is straightforward: move into one unit and rent out the others to effortlessly cover your mortgage costs. This strategy empowers you to build equity at an exceptional value, with average one-bedroom rental rates in this area reaching $1,750, resulting in over $6,500 monthly!This property is also perfectly positioned in Ward 7, an area on the brink of transformative redevelopment. Numerous projects launching soon will introduce thousands of apartments and office spaces, ensuring long-term appreciation. Dont miss this prime opportunity for immediate returns and significant future growth. Whether youre an experienced investor or just getting started, this property is a must-see for anyone eager to optimize their investment.
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4BEDS
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0.07ACRES
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4BATHS
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01/2 BATHS
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3,032SQFT
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$231$/SQFT
Description
Uncover an incredible house-hacking opportunity in Fort DuPont Park with this well-maintained, four-unit income-generating property. Ideally located just a short walk from Pennsylvania Avenue, youll enjoy quick access to downtown D.C. and Capitol Hill. Each unit boasts one bedroom and a den, with two units available for immediate occupancy, one leased until November 15, 2024, and another awaiting your renovation ideas.Seize the opportunity with this turnkey multi-unit property to elevate your income while embracing the joys of homeownership. Your investment journey is straightforward: move into one unit and rent out the others to effortlessly cover your mortgage costs. This strategy empowers you to build equity at an exceptional value, with average one-bedroom rental rates in this area reaching $1,750, resulting in over $6,500 monthly!This property is also perfectly positioned in Ward 7, an area on the brink of transformative redevelopment. Numerous projects launching soon will introduce thousands of apartments and office spaces, ensuring long-term appreciation. Dont miss this prime opportunity for immediate returns and significant future growth. Whether youre an experienced investor or just getting started, this property is a must-see for anyone eager to optimize their investment.
©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Tom & Cindy and Associates | Long & Foster Realtors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-07T23:50:31.843.