$735,000
$774,900
5.1%For more information regarding the value of a property, please contact us for a free consultation.
1,120 SqFt
SOLD DATE : 07/02/2024
Key Details
Sold Price $735,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,120 sqft
Price per Sqft $656
MLS Listing ID DCDC2134006
Sold Date 07/02/24
Style Dwelling with Rental
Abv Grd Liv Area 1,120
Originating Board BRIGHT
Year Built 1945
Annual Tax Amount $6,178
Tax Year 2023
Lot Size 892 Sqft
Acres 0.02
Property Description
This is a rare opportunity to own a well-maintained duplex (with an assumable loan) in the heart of Kingman Park, complete with tenants generating over $60,000/yr in rental income. Both units are currently leased using the voucher program, providing immediate cash flow for the savvy investor. Rented at $2,648/unit, each unit features 1 bedroom, 1 bathroom with an in-unit washer/dryer, H/W floors, and ample storage space. Conveniently located directly across from RFK Stadium, this property offers a prime location with strong rental demand. Don't miss out on this incredible investment opportunity!
Photos are from prior sale in 2017. Both units are currently occupied month-to-month. All tenants are current on payments. T-12 available upon request.
Location
State DC
County Washington
Zoning R1
Interior
Hot Water Natural Gas
Cooling None
Equipment Disposal, Washer, Refrigerator, Oven/Range - Gas
Fireplace N
Appliance Disposal, Washer, Refrigerator, Oven/Range - Gas
Heat Source Natural Gas
Exterior
Utilities Available Electric Available, Natural Gas Available
Waterfront N
Water Access N
Accessibility 32\"+ wide Doors
Garage N
Building
Sewer Approved System
Water Private, Private/Community Water
Architectural Style Dwelling with Rental
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 4522//0014
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Taelor Salmon • Coldwell Banker Realty - Washington
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "