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Image 1 - 609 18th Street Northeast, Washington, DC 20002, USA - Townhouse for sale

Multi-Family, Interior Row/Townhouse

609 18th Street Northeast, Washington, DC 20002, USA

Multi-Family, Interior Row/Townhouse

townhouse for sale

45 views

Listed: 02/13/23

609 18th Street Northeast, Washington, DC 20002, USA

Studio Bed:

1 Bath:

Save

Price

$ 749,900

About This Townhouse

Price improvement of$50, 000!! Seller motivated so bring all offers. Welcome to this fantastic investment opportunity. This is a perfect first time investment. It has 1-2 bedroom 1 bath unit and 2-1 bedroom 1 bath unit. They are fully self contained and each unit has it's own HVAC and hot water heaters. It is separately metered for electric. Currently 100% leased out to Section 8 tenants. Here is a chance to own an investment property in an up and coming area with a ton of construction going on in the area. This is a cash cow! Owners are requesting that the buyer provide proof of funds or a lender letter. TOPA has not been issued. Leases, CofO and P&L avialble within the study period.

Property Includes

Parking
Washer
Dishwasher
Dryer
Garbage Disposer
Microwave
Range
Refrigerator
Heating Hot Water

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Carver Housing & Living

Household Income

Median household income: $85,203

Number of households: 287,476

The average household income in Washington, DC grew from $82,372 to $85,203 in the past year. This data is an estimate based upon 287,476 households in Washington, DC.
The chart below presents how household income is distributed in Washington, DC in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Washington, DC compared to median property taxes around the country. The prevalent amount of property taxes in Washington, DC equals $3k+ , which is more than the national average.

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