Description
It can be purchased as a package deal along with 3 other units in the same building (304, 305 & 409)-all will be fully leased to Voucher tenants. With 100% occupancy and individual metering, this is an ideal cash-flow investment. Located in a rapidly developing neighborhood with ongoing construction, your investment is positions for future appreciation. Current rent $3,350/month which is $40,200/year. Condo fee is $336/month which is $4,032/year. Taxes have not been assessed by DC yet. We are projecting between a 7%-8% cap rate.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
Description
It can be purchased as a package deal along with 3 other units in the same building (304, 305 & 409)-all will be fully leased to Voucher tenants. With 100% occupancy and individual metering, this is an ideal cash-flow investment. Located in a rapidly developing neighborhood with ongoing construction, your investment is positions for future appreciation. Current rent $3,350/month which is $40,200/year. Condo fee is $336/month which is $4,032/year. Taxes have not been assessed by DC yet. We are projecting between a 7%-8% cap rate.
©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eng Garcia Properties, LLC | Keller Williams Capital Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-02-15T23:50:36.927.