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607 18TH ST NE Washington, DC 20002
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Key Details
Sold Price $749,900
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 840 sqft
Price per Sqft $892
Subdivision Old City #1
MLS Listing ID DCDC2064432
Sold Date 10/14/22
Originating Board BRIGHT
Year Built 1926
Annual Tax Amount $3,808
Tax Year 2021
Lot Size 923 Sqft
Acres 0.02
Property Description
Price improvement of $50,000!! Seller motivated so bring all offers. Welcome to this fantastic investment opportunity. This is a perfect first time investment. It has 1-2 bedroom 1 bath unit and 2-1 bedroom 1 bath unit. 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. Here is a chance to own an investment property in an up and coming area with a ton of construction going on in the area. This is a cash cow!
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.
Location
State DC
County Washington
Zoning RF1
Interior
Hot Water Electric
Heating Hot Water
Cooling None
Heat Source Electric, Central
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 4530//0049
Ownership Fee Simple
SqFt Source Estimated
Security Features Carbon Monoxide Detector(s),Smoke Detector
Special Listing Condition Standard
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Bought with NESANET ALEMAYHU • TTR Sotheby's International Realty