1812 H Pl Ne #407
$210,000
1812 H Pl Ne #407, Washington, DC 20002
8
Cap Rate
16,867
NOI
Details:
Highlights:
- Days on Market: 4
- Heating: Central
Description:
Exceptional Investment Opportunity: 1-bedroom, 1-bathroom unit that is fully self-contained featuring its own HVAC, hot water heater and is separately meters for electric. It is currently rented out to a Section 8 Voucher tenant who is paying $1,900/month gross rent which offers reliable rental income and long-term growth. It can be purchased as a package deal along with 3 other units in the same building (B03, 304 & 409)-all 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. We are projecting between an 8%-9% cap rate.
Location
Gallery