• Price: $480,000
  • Rooms: 4 bed(s) 5 bath(s)
  • Home Area: 1,692 sqft
  • Year: 1941
  • Property ID: 4649093
  • Listing Agent: Marian Huish
  • Listing Company: eXp Realty
  • Phone: 703-597-3497
  • MLS Number: DCDC2131884
  • Posted On: Mar 12, 2024
  • Updated On: Jun 8, 2024

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Cheap House Description

Seize a prime cash-flow and further development opportunity in the flourishing Congress Heights neighborhood! Property is being offered with 2 long-term tenants conveying at $4,300 monthly rental income & $40,277 annual net operating income (8.2 Cap Rate). The seller had initiated plans of enhancing the property by expanding the rear of the house, with plans readily available for review or simply keep the property in its current condition. Ideally situated within walking distance to the Congress Heights Metro station, this property is perfectly positioned for comfort and convenience for cash flow and/or use as your own personal residence. Perfect for hands-off investor looking for cash flow and appreciation in a vibrant neighborhood!

Listing Status: Active

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Original Listing

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