Property Details: • Type: Single Family • Bedrooms: 4 • Bathrooms: 4 • Square Feet: 3296 • Lot/Size: 3,840 sqft lot
Description: This is a 4-unit apartment building located in the Brookland neighborhood of Washington, D. C. All four units were renovated approximately four years ago and are configured to function as 3-bedroom, 1-bath layouts. The property can be delivered up to 75% vacant at closing, allowing an investor to immediately lease the three vacant units while maintaining the existing in-place tenant. At stabilization, projected rents are approximately $12,128 per month. Expenses are efficiently managed at roughly 10% of gross income (financials available for verification). For an FHA buyer, there is an opportunity to occupy one unit while leasing out the remaining units, including the current tenant, genera