612 Newton Place NW Washington, DC 20010
Listing Courtesy of: BRIGHT IDX / Coldwell Banker Realty / Taelor Salmon

  612 Newton Place NW Washington, DC 20010

Pending (35 Days)
$1,399,900

Description

Introducing a prime investment opportunity (with an assumable mortgage) nestled in the vibrant community of Columbia Heights. This 4-unit building, listed at $1,399,900, presents an enticing prospect for savvy investors seeking immediate returns. Boasting a convenient location near the Georgia Ave- Petworth metro station and a plethora of amenities, this property is an attractive choice for both tenants and investors alike. Each unit features 2 bed(s)/1 ba, updated appliances inclusive of an in-unit washer dryer combo, and a private patio, offering residents the utmost convenience.What sets this investment apart is its stable tenancy arrangement. The property is leased with a voucher subsidy program, ensuring consistent rental income. Additionally, all tenants are on month-to-month leases, providing flexibility for new ownership. T-12 available upon request.Generating over $11,000/mo in rental income, this property promises a strong return on investment. Its desirable amenities and strategic location make it a standout choice in Columbia Heights' competitive real estate market.Don't miss out on this exceptional opportunity to own a profitable investment property in one of Washington, D.C.'s most sought-after neighborhoods. Schedule a showing today to explore the potential of this remarkable 4-unit building. T-12 available upon request. Photos are from prior sale. All units are currently occupied.

MLS #:
DCDC2134038
Taxes
$9,460(2022)
Lot Size
2,765 SQFT
Type
Multifamily
Year Built
1931
Style
Contemporary
School District
District of Columbia Public Schools

Listed By

Taelor Salmon, Coldwell Banker Realty
Source
BRIGHT IDX
Last checked Apr 28 2024 at 2:04 PM GMT+0000
Bathroom Details
Interior Features
  • Dishwasher
  • Disposal
  • Dryer
  • Washer
  • Refrigerator
  • Combination Kitchen/Living
  • Combination Dining/Living
  • Formal/Separate Dining Room
  • Flat
  • Floor Plan - Open
  • Breakfast Area
Property Features
  • Below Grade
  • Above Grade
Heating and Cooling
  • Hot Water
  • Central A/C
Flooring
  • Hardwood
Exterior Features
  • Brick
Utility Information
  • Sewer: Approved System
  • Fuel: Natural Gas
Living Area
  • 2,904 sqft
Location
   
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Disclaimer: Copyright 2024 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/28/24 07:04