UPDATED:
Key Details
Property Type Single Family Home, Condo
Sub Type Unit/Flat/Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 735 sqft
Price per Sqft $258
Subdivision Fairfax Village
MLS Listing ID DCDC2226048
Style Contemporary,Other
Bedrooms 2
Full Baths 1
HOA Fees $555/mo
HOA Y/N Y
Abv Grd Liv Area 735
Year Built 1940
Annual Tax Amount $1,385
Tax Year 2024
Property Sub-Type Unit/Flat/Apartment
Source BRIGHT
Property Description
Property can be delivered vacant or with long term tenant in place.
This charming residential unit, originally built in 1940 and effectively renovated in 1975, presents a unique investment opportunity for savvy investors or homeowners alike. With a focus on maximizing returns, this property offers a solid foundation for rental income or future resale potential. The unit features essential amenities, including washer and dryer hookups, making it convenient for tenants. The association fee covers water, trash, lawn maintenance, and management, ensuring low-maintenance living for both owners and renters. This aspect not only enhances tenant satisfaction but also reduces the burden of upkeep, allowing for a more hands-off investment approach. While the property currently has no designated bedrooms or bathrooms, its flexible layout provides a blank canvas for creative renovations. Investors can capitalize on this by reimagining the space to meet market demands, potentially increasing its value significantly. The absence of association amenities means lower fees, appealing to budget-conscious renters. Located in a community with on-street parking, this unit is positioned for easy access to local amenities and transportation options, enhancing its attractiveness to potential tenants. With the right vision and investment, this property can transform into a cozy home that generates consistent income, making it a wise addition to any real estate portfolio. Embrace the potential and make this property your next successful investment venture!
Location
State DC
County Washington
Zoning RESIDENTIAL
Rooms
Other Rooms Bedroom 2, Bedroom 1, Bathroom 1
Main Level Bedrooms 2
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Central, Electric
Exterior
Amenities Available None
Water Access N
Accessibility None
Garage N
Building
Story 3
Unit Features Garden 1 - 4 Floors
Above Ground Finished SqFt 735
Sewer Public Sewer, Public Septic
Water Public
Architectural Style Contemporary, Other
Level or Stories 3
Additional Building Above Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
HOA Fee Include Water,Trash,Lawn Maintenance,Management
Senior Community No
Tax ID 5673//2086
Ownership Condominium
SqFt Source 735
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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