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412 20th Street NEWashington, DC 20002MLS Number DCDC2075004

  • Price: $1,399,900
  • 24 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
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412 20th Street NE Washington DC 20002412 20th Street NE Washington DC 20002412 20th Street NE Washington DC 20002
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  • 0.04Acreage
  • 1941Year Built
  • 518Price Per Square Foot
  • 2Units
Price improvement of $100,000!! Seller motivated so bring all offers. Welcome to this fantastic investment opportunity. This is a perfect first time investment. It has 2-5 bedroom 2 bath units. They are fully self contained and each unit has it's own HVAC and hot water heaters. It is separately metered for electric. Currently 100% leased out to Section 8 tenants. This is a cash cow! Own a piece of this up and coming neighborhood with a ton of construction going on and your investment will only increase in value. Owners are requesting that the buyer provide proof of funds or a lender letter. TOPA has not been issued. Leases, CofO and P&L avialble within the study period.
Listed by Samuel R Davis, Long & Foster Real Estate,Inc.

Driving Directions

Yeonas & Shafran Real Estate, LLC
Yeonas & Shafran Real Estate, LLC
Office: 703-790-3330
1309 Vincent Pl
McLean, VA 22101

More Info

Basic Information

  • Broker NameLong & Foster Real Estate, Inc.
  • List Price$1,399,900
  • MLS NumberDCDC2075004
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot518
  • Security FeaturesCarbon Monoxide Detector(s), Smoke Detector
  • StatusACT
  • Units2

Property

  • Acreage0.04
  • Business TypeApartment Building
  • Lot Size SourceEstimated
  • Lot Size Square Feet1,763
  • Property ConditionVery Good
  • Property SubTypeOther
  • ZoningRF1

Tax Information

  • Assessment Year2021
  • Tax Assessment Amount498580
  • Tax Year2021
  • Taxes$4,052
  • Total Taxes Payment FrequencyAnnually

Building

  • Building Area SourceEstimated
  • Building Area Total2700
  • Construction MaterialsBrick
  • FoundationBlock
  • Garage Spaces
  • Num Attached Garage Spaces
  • Num Detached Garage Spaces
  • Stories2
  • Total Garage And Parking Spaces2
  • Year Built1941

Other

  • Annual Gross Expense17860
  • Cap Rate7
  • Gross Income129180
  • Operating Expense IncludesInsurance, Landscaping, Management Fees, Pest Control, Repair/Maintenance, Sewer, Snow Removal, Trash, Water
  • Soil TypesUrban Land-Sassafras-Chillum

Parking

  • Assigned Parking Spaces
  • Parking FeaturesSurface
  • Parking TypesDriveway

Basic Information

  • Date Listed11/13/2022

Location

  • Address412 20th Street NE
  • Building Number412
  • CountyWashington
  • Cross StreetD Street
  • DirectionsTake Benning Road East to 20th Street and turn right. Then to 412 20th. At the corner of 20th and D Street NE.
  • In City Limits YNYes
  • StateDC
  • SubdivisionOld City #1
  • TownWashington
  • Zip20002

Utilities

  • Central Air YNYes
  • CoolingCentral A/C, Heat Pump(s)
  • Cooling FuelElectric
  • Heat SystemCentral, Heat Pump(s)
  • Heating FuelElectric
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterElectric
  • Water SourcePublic

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Copyright 2022 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated December 7, 2022. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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