Exceptional Investment Opportunity: 1-bedroom, 1-bathroom unit that is fully self-contained featuring its own HVAC, hot water heater and is separately meters for electric. It is currently vacant but can be rented out to a Voucher tenant who is paying $1,900/month gross rent which offers reliable rental income and long-term growth. It can be purchased as a single unit or as a package deal along with 2 other units in the same building (B02 & 104 ). With 100% occupancy and individual metering, this is an ideal cash-flow investment. Located in a rapidly developing neighborhood with ongoing construction, your investment is positions for future appreciation. We are projecting between an 8%-9% cap rate. Showings can only be Mon-Saturday from 9-4pm. No Sunday showings.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale Common Interest | $210,000 | Woodley Park |
| Year | Annual Amount | Description |
|---|---|---|
| $1,850 |
Middle School Friendship - Blow Pierce | 0.2 miles away | 04 - 08 | |
Undergraduate School Spingarn Stay | 0.4 miles away | UG - UG | |
High School Spingarn Shs | 0.4 miles away | 09 - 12 |