172 UHLAND TERRACE NE, Washington, District of Columbia County, DC, 20002 Washington DC US

SHOWING SUNDAY Feb 12, 1PM-1:30PMTurn key investment property in Eckington community in the nation's capital DC, Currently the property is under a year lease thru the DC rapid rehousing program till July 2023, after the lease is due the tenant will remain on the same program or converted to permanent voucherRented for $5757/ month DC pays the rent between the 1/2nd of each month, no delay, no tenant portion. Annual expenses Property tax, Insurance and utilities $10,700 which leaves you with $58,384 NOI ( net operating income)Enjoy up to a 35% Rate of return along with a stable strong appreciation, Possible Exit plan may include condo conversion Find out more about this property. Request details here