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Property description
RARE Opportunity. VACANT 4-Unit in the Deanwood Neighborhood. NO TOPA! Discover a superb house-hacking opportunity in Deanwood with this well-maintained, four-unit property. Located just steps from Minnesota Avenue, this prime location offers easy access to downtown DC and Capitol Hill. Each unit features 1 bedroom and enclosed back porches, offering potential for creative conversions that can significantly increase rental income. This property also features a brand-new roof equipped with solar panels. The solar system will continue to be owned by the current owner, in which they are offering an exceptional opportunity for a rooftop lease, yielding an additional annual income of $1, 000! Revel in the advantages of a freshly installed roof while bolstering your income stream! Your investment strategy is simple: occupy one unit while leasing out the others to cover your mortgage costs, giving you the chance to build equity at a remarkable value. This property is also strategically positioned in Ward 7, an area experiencing rapid redevelopment with numerous nearby projects set to deliver thousands of apartments and millions SF of retail, promising long-term value. Seize this golden opportunity in a prime location for immediate returns and future growth. Whether you're a seasoned investor or just starting out, this property is a must-see for those looking to make the most of their investment.
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Listed by: Ari Firoozabadi