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414 Oklahoma Avenue NE

WASHINGTON, DC 20002
  • $799,900
  • STATUS: Active
  • ON SITE: 25 Days
  • ID#: DCDC2134006
$799,900
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,120
    SQFT
  • $714
    $/SQFT
Type:
Multi-Family
Built:
1945
County:

School Ratings & Info

Description

This is a rare opportunity to own a well-maintained duplex (with an assumable loan) in the heart of Kingman Park, complete with tenants generating over $60,000/yr in rental income. Both units are currently leased using the voucher program, providing immediate cash flow for the savvy investor. Rented at $2,648/unit, each unit features 1 bedroom, 1 bathroom with an in-unit washer/dryer, H/W floors, and ample storage space. Conveniently located directly across from RFK Stadium, this property offers a prime location with strong rental demand. Don't miss out on this incredible investment opportunity! Photos are from prior sale in 2017. Both units are currently occupied month-to-month. All tenants are current on payments. T-12 available upon request.

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©2024 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 AJ Team Realty | EXP Realty. 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: 2024-04-19T17:52:56.623.
www.ajteamrealty.com/homes/148874451
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414 Oklahoma Avenue NE WASHINGTON, DC 20002

  • Price: $799,900
  • Status: Active
  • On Site: 25 Days
  • ID#: DCDC2134006
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1,120
SQFT
$714
$/SQFT
1945
Built
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
This is a rare opportunity to own a well-maintained duplex (with an assumable loan) in the heart of Kingman Park, complete with tenants generating over $60,000/yr in rental income. Both units are currently leased using the voucher program, providing immediate cash flow for the savvy investor. Rented at $2,648/unit, each unit features 1 bedroom, 1 bathroom with an in-unit washer/dryer, H/W floors, and ample storage space. Conveniently located directly across from RFK Stadium, this property offers a prime location with strong rental demand. Don't miss out on this incredible investment opportunity! Photos are from prior sale in 2017. Both units are currently occupied month-to-month. All tenants are current on payments. T-12 available upon request.
Exterior Features

Architectural Style Dwelling with Rental Construction Materials Brick Garage YN No Parking Types On Street Pool No Pool Riparian Rights YN No Soil Types Chillum-Urban Land Complex Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1120 Appliances DisposalWasherRefrigeratorOven/Range - Gas Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplace YN No Heating 90% Forced Air Heating YN Yes Rooms Total 4 Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Accessibility Features 32"+ wide Doors Assessment Year 2022 Central Air YN No Cooling Fuel Electric Electric Average Monthly 99 Electric Last12 Months 1193.90 Existing Lease Type Ground LeaseMonth to Month Gross Income 63552.00 Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N Net Operating Income 53330.00 New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Number Of Units Vacant 0 Operating Expense 10222.00 Original MLSNumber 802946677310 Ownership Interest Fee Simple Possession 0-30 Days CD Property Sub Type Duplex Sale Type Standard Sewer Approved System Structure Design Type Other Tax Annual Amount 5831.00 Tax Assessment Amount 726870.00 Tax Lot 14 Total Actual Rent 63552.00 Utilities Electric AvailableNatural Gas Available Vacation Rental YN No Water Average Monthly 176 Water Last12 Months 2112.00 Water Source PrivatePrivate/Community Water Zoning R1

Listing courtesy of Coldwell Banker Realty - Washington: .


©2024 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 AJ Team Realty | EXP Realty. 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: 2024-04-19T17:52:56.623.
 
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