Description
Back on market, buyer's financing fell through. Let their loss be your gain, once in a decade opportunity! Stately, expansive, four-story victorian home with rental income. Configured as 3 units with owners living on the 1st floor (Unit 1) with 2 BDs/1.5 BAs, Kitchen, Dining Room, and Living Room. Unit 2 is on the 2nd and 3rd floor and is a 4 BDs/2.5 BAs unit, with Kitchen, Dining Room, and Living Room. Unit 2 can be delivered vacant. The owner has historically rented each room in Unit 2 for $1200/mo (Total income per month: $4800). Unit 3 in the basement is a 1 BD/1 BA unit rented through 4/30/2022 at $1795/mo. The owner has enjoyed years of easy rental income paying his mortgage with the current setup. Recently updated heat pumps, 3 separate in-unit laundry systems, lovely back yard patio and deck spaces for relaxing and entertaining. Prime location puts this home at the center of the hustle and bustle of DC's downtown scene while being uniquely placed on a historic residential block. Beyond the iconic triangle that lies at its center, Mount Vernon Square has plenty of recreation to offer. Many options for a date night or delicious lunch, among them - RPM Italian, Espita mezcaleria, and Busboys and Poets. Secure Parking for rent nearby for $200 a month. This is city living at it's best - come see for yourself! Note: Last three years rent rolls, repairs, CapEX, and current leases available in agent docs. Also listed as Multi-Family - MLS# DCDC489848.
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7BEDS
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0.05ACRES
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4BATHS
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21/2 BATHS
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3,967SQFT
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$427$/SQFT
Description
Back on market, buyer's financing fell through. Let their loss be your gain, once in a decade opportunity! Stately, expansive, four-story victorian home with rental income. Configured as 3 units with owners living on the 1st floor (Unit 1) with 2 BDs/1.5 BAs, Kitchen, Dining Room, and Living Room. Unit 2 is on the 2nd and 3rd floor and is a 4 BDs/2.5 BAs unit, with Kitchen, Dining Room, and Living Room. Unit 2 can be delivered vacant. The owner has historically rented each room in Unit 2 for $1200/mo (Total income per month: $4800). Unit 3 in the basement is a 1 BD/1 BA unit rented through 4/30/2022 at $1795/mo. The owner has enjoyed years of easy rental income paying his mortgage with the current setup. Recently updated heat pumps, 3 separate in-unit laundry systems, lovely back yard patio and deck spaces for relaxing and entertaining. Prime location puts this home at the center of the hustle and bustle of DC's downtown scene while being uniquely placed on a historic residential block. Beyond the iconic triangle that lies at its center, Mount Vernon Square has plenty of recreation to offer. Many options for a date night or delicious lunch, among them - RPM Italian, Espita mezcaleria, and Busboys and Poets. Secure Parking for rent nearby for $200 a month. This is city living at it's best - come see for yourself! Note: Last three years rent rolls, repairs, CapEX, and current leases available in agent docs. Also listed as Multi-Family - MLS# DCDC489848.
©2021 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 The Maryland Group of Long & Foster Real Estate. 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: 2021-04-22T20:53:30.9.