$1,200,000
$1,275,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
1,190 Sqft Lot
SOLD DATE : 11/20/2015
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Subdivision Georgetown
MLS Listing ID 1001351805
Sold Date 11/20/15
Style Other
HOA Y/N N
Originating Board MRIS
Year Built 1900
Annual Tax Amount $9,071
Tax Year 2014
Lot Size 1,190 Sqft
Acres 0.03
Property Description
Investment Opportunity Knocks. Prime property located 2 blocks from main quad of Georgetown University. This 2-unit building rents to 7 people in total (5 people in the upper unit, 2 in the lower unit). Projected 2016-17 gross rental income is $116,400 with cap rate of 5.9%. Tenants pay all utilities. 2,238 finished SF. Off-street parking. Detailed financial data and floor plan available.
Location
State DC
County Washington
Zoning R
Rooms
Basement Rear Entrance, Front Entrance, Full, Fully Finished
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplaces Number 1
Equipment Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Washer
Fireplace Y
Appliance Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Washer
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type Off Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type 9'+ Ceilings
New Construction N
Others
Tax ID 1227//0093
Ownership Fee Simple
Special Listing Condition Standard
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Bought with Christopher Polhemus • Long & Foster Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "