$850,000

District City Living presents an investment opportunity in Congress Heights! This four-unit property is well-equipped, offering two unit sizes to accommodate different rental needs. There are 2 one-bedroom, 1 bath units and 2 spacious four-bedroom, 2 bath units. All units include wall-to-wall carpeting, with ceramic tile flooring in both the kitchen and bathrooms, and ceramic tile bathtub walls. The inclusion of amenities like central AC, washer/dryer, and dishwashers are attractive features for potential tenants. In addition, improvements include a new front building exterior door. Unit #1 has a new front door and new stove. Unit #2 features new wall-to-wall carpet, fresh coat of paint, new HVAC system installed in 2022 and a new front door. Unit #3 has a new HVAC system installed in 2022 and a new stove. Unit #4 has new wall-to-wall carpet, fresh coat of paint, new washer/dryer, refrigerator, & front door. Area market rents average $1,350 for 1 bedroom units and $2,500 for 4 bedroom units; offering a great opportunity for the right investor. Seller will consider all fair offers.

Listing Map