Description
This rare gem is a 75% vacant apartment building that was recently renovated. This is a turn-key investment that has possibilities for renting OR turning each unit into condos down the road (condos across the street have sold for $300k+) The neighborhood has immense potential with all of the huge developments going into Congress Heights! *THE NEW DCHA RATES FOR THIS NEIGHBORHOOD HAVE GONE UP TO $1655/UNIT AS ESTIMATED ON THEIR AFFORDABLE HOUSING TOOL, WHERE THREE UNITS COVER $4,900*When interest rates come back down, properties like these have a tendency to become unaffordable! This is your chance to get in at a great price and refinance down the road to make your cashflow even stronger! Do not miss it!
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0BEDS
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0.06ACRES
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0BATHS
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01/2 BATHS
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3,200SQFT
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$268$/SQFT
Description
This rare gem is a 75% vacant apartment building that was recently renovated. This is a turn-key investment that has possibilities for renting OR turning each unit into condos down the road (condos across the street have sold for $300k+) The neighborhood has immense potential with all of the huge developments going into Congress Heights! *THE NEW DCHA RATES FOR THIS NEIGHBORHOOD HAVE GONE UP TO $1655/UNIT AS ESTIMATED ON THEIR AFFORDABLE HOUSING TOOL, WHERE THREE UNITS COVER $4,900*When interest rates come back down, properties like these have a tendency to become unaffordable! This is your chance to get in at a great price and refinance down the road to make your cashflow even stronger! Do not miss it!
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