USADCWashingtonEckington325 V St Ne
325 V St Ne, Home with 0 bedrooms, 0 bathrooms and null parking in WASHINGTON DC | Image 1
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$1,150,000

325 V St Ne, Washington, DC

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2648 sqft
Garage No
Taxes $8,774
Days Active 308
Lot Size 
Approx. Age 1923
Avg. Price Per Sqft $434
MLS® Number DCDC2157870

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

**Investment Opportunity in Eckington, DC** Seize this rare chance to invest in the highly desirable Eckington neighborhood with this recently updated two-unit building, featuring a total of 8 bedrooms and 3 full baths. Boasting stunning hardwood floors and brand-new appliances, this property harmoniously blends classic charm with modern comfort. Perfectly located within walking distance of McKinley Tech High School, Howard University, and the vibrant Union Market, this building offers exceptional convenience. It comes with an approved certificate of occupancy and is fully rent-ready, making it ideal for both investors and homeowners. The financial potential is impressive, with proformas indicating a possible gross revenue of over $9, 800 monthly from two units, providing an attractive cap rate when fully rented. If you decide to occupy the upper unit and rent out the lower unit, you can still anticipate a solid annual minimum rental income of $72, 000, translating to $6, 000 per month. Whether your goal is to generate significant passive income or to live in one unit while renting out the other, this property presents endless possibilities for financial growth. Don’t miss your chance to secure a prime investment for your future. Please note that Unit #1 is currently occupied and requires 48 hours' notice for showings. Contact the listing agent for all showing requests.Show Description
MLS® NumberDCDC2157870
Laundry Level
Central VacNo
FireplaceNo
Acreage0.03
Exterior
GarageNo
Approx. Age1923
Basement
DrivewayOn Street
Garage Spaces
HeatHot Water, Electric
A/CCentral A/C, Electric
Heating Fuel

Extras

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