191 35TH ST NE, Washington, District of Columbia County, DC, 20019 Washington DC US
Property Details
2
2
River Terrace
MultiFamily
Description
Come bring this four-unit gem back to glory! Each unit includes 1 bedroom, 1 full bathroom, a galley kitchen, foyer, combined living-dining room, back patio, and access to the back steps. ***The back patio could be converted to a 2nd bedroom to make it two bedroom units. ***Each unit has the exact same layout. ***Note: Three units are occupied, and one unit is vacant. ***This building features a front and rear entrance. Also, backyard parking for two cars and plenty of street parking. ***Two units include "newer" hot water heater. Each unit is separately metered for electric and gas. Water is paid by owner. ***This four-unit is a rare investment opportunity. The building will need some work, repairs, and upgrades, but will be worth the work. This property is ideal for an investor who wants to buy & hold, rehab for instant equity, or BRRR. ***Each tenant is month-to-month and paying below market rent. ***The current fair market rent ranges from $1,200 - $1,400 for a 1 bed/1 bath flat in area. ***The most recent rehabbed sold comp closed at $831k. ***191 35th street is located in the growing Deanwood neighborhood. It sits in walking distance to retail, gas stations, and the Minnesota Ave Metro station. It is also near major roadways and a $600M Northeast Heights Redevelopment project. ***Property being sold strictly AS-IS. Find out more about this property. Request details here
Location
Address
191 35th St NE, Washington, District of Columbia 20019, United States
City
Washington
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