$1,200,000
Active
17 Days Online
0 Beds0 Baths2,648 SQFT
Active

325 V Street NE Washington, DC 20002

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  • Sun, Sep 29: 12pm-3pm
  • Sun, Oct 6: 12pm-3pm
  • Sun, Oct 13: 12pm-3pm
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Discover a rare investment opportunity in the highly sought-after Eckington neighborhood of DC with this recently updated two-unit building (8 Bedrooms and 3 Full Baths Total). Featuring stunning hardwood floors and brand-new appliances, this property seamlessly blends classic charm with modern comfort. Strategically located within walking distance to the prestigious McKinley Tech High School, Howard University, and the lively Union Market, this building offers unbeatable convenience. Plus, it comes with an approved certificate of occupancy and is fully rent-ready, ensuring a smooth transition for investors or homeowners. The numbers speak for themselves: proformas show a potential gross revenue of over $102, 000 annually, delivering an impressive Cap Rate if fully rented. If you choose to occupy the upper unit and rent out the lower unit, you can still expect a solid $60, 600 annually with a rental income of $ 5, 050 per month (or more when the current tenants move out in January 2025). Whether you're looking to generate substantial passive income or live in one unit while renting out the other, this property offers endless possibilities for financial growth. Don’t miss out on securing your future with this prime investment. Unit #1 (occupied) requires 48 hours to show, please contact LA with all showing requests.

  • Property TypeMulti-Family
  • NeighborhoodEckington
  • CountyWashington
  • Taxes$5,916
  • HOA/Condo/Coop Fees$0
  • Days on Site17 Days
  • MLS StatusActive
  • MLS ID NumberDCDC2157870
  • Home Size Source Estimated
  • Year Built1923
  • Lot Size0.03 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Federal
  • Construction Brick
  • Parking On Street
  • Sewer Public SewerSeptic Tank
  • Number of Stories 3
  • Acreage 0.03
  • Water Public
  • Zoning RF-1
  • Property Sub Type Duplex
  • Attached Garage No
  • Utilities Natural Gas AvailableSewer AvailableWater AvailableOther
  • Foundation Brick/ Mortar

Interior Features

  • Cooling Central A/ CElectric
  • Heating Hot WaterElectric
  • Appliances Built- In RangeCooktopDishwasherWasher/ Dryer Stacked
  • Flooring Hardwood
  • Interior 2nd KitchenBuilt-InsCentral VacuumCombination Dining/LivingFloor Plan - TraditionalKitchen - EfficiencyKitchen - Galley
  • Fireplace No

Exterior Features

  • Spa No
  • Waterfront Property No

Schools

School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$5,805
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