4121 MINNESOTA AVE NE Active

Washington,DC 20019

$ 530000

- Bed

- Bath

1896 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 1,896 sqft

Price per Sqft $279

MLS Listing ID DCDC2140752

Originating Board BRIGHT

Year Built 1983

Annual Tax Amount $6,165

Tax Year 2024

Lot Size 2,480 Sqft

Acres 0.06

Property Description

Exciting Opportunity: Prime Tenant-Occupied Property! Seller financing is available with 30% down.

Welcome to a lucrative investment opportunity right across from the bustling Minnesota Ave subway station. This property, currently serving as a thriving doctor's office, boasts a net lease arrangement. What does that mean? The tenant takes care of all expenses, including DC property taxes and property insurance, ensuring a hassle-free ownership experience for you.

Generating a gross income of $21,000, the current rent is just month to month . With the potential to raise the rent per square foot, this investment promises even greater returns. Also the value is in the lot this being corner unit and zoned MU-3A tons of potentials.

Property can be delivered vacant .

Don't miss out on this golden opportunity to own a prime piece of real estate.
Plenty of parking side parking belongs to the city and parking is allowed as long as driveway is gravel.

Location

State DC

County Washington

Zoning MU-3A

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source None

Exterior

Garage Spaces 4.0

Water Access N

Accessibility None

Total Parking Spaces 4

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5078//0042

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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