717 EUCLID ST NW Under Contract

Washington,DC 20001

$ 1149000

- Bed

- Bath

4134 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,134 sqft

Price per Sqft $277

MLS Listing ID DCDC2169808

Style Other

Abv Grd Liv Area 4,134

Originating Board BRIGHT

Year Built 1927

Annual Tax Amount $9,633

Tax Year 2023

Lot Size 2,826 Sqft

Acres 0.06

Property Description

ATTENTION INVESTORS!!!! Here is your opportunity to invest in the path of development with an established and secure rent base in prime DC location. This four unit apartment building represents an opportunity to create meaningful cash flow or live in one unit and rent the others to build financial wealth. Unit 1 - one bedroom rented for $1,550/month. Unit 2 -two bedroom rented for $1,887. Unit 3- Two bedrooms (vacant) previously rented for $2,300/month. unit 4- two bedroom rented for $2,150/month. Total projected annual revenue of $94,644 with plenty of upside on rents, parking and laundry fees and value add opportunity. All units are individually metered and have their own water heater and hvac systems. 4 unit not subject to rent control if you don't own other DC properties.

Location

State DC

County Washington

Zoning R18

Rooms

Basement Outside Entrance,Walkout Level

Interior

Interior Features Window Treatments

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Parking On Site 2

Water Access N

Accessibility None

Garage N

Building

Sewer Public Septic,Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 2884//0142

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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