NOT in MLS: 4 Unit Building in NW DC (Brightwood) in Good Condition for only $824,900! (NOT a Short Sale or Foreclosure!)
5814 9th St NW Washington DC 20011
Sale Price | |
Sale Price: | $824,900 |
Description of Home | |
Type: | Multifamily |
Bedrooms: | 8 |
Bathrooms: | 4 |
Levels: | 2 |
Parking: | Street |
Square Feet Total: | 2720 |
Sale Comps | |
5808 14th St NW (Only 3 Units) - Sold - $1,006,500 | |
5938 13th Pl NW - Under Contract - $850,000 | |
1307 Longfellow St NW (Only 3 units) - Sold - $825,000 | |
Additional Information
INVESTOR ALERT!! RARE FIND of a 4 unit building NW DC in the Brightwood section of NW DC. Each unit has a 1 full bathroom, 1 bedroom and a den in the back where a closet has been added so it can be used as a 2nd bedroom. It is a 2 level building with a parking area in the back. The property is in good condition, just outdated. The building is currently fully occupied. Current rents are: $1550, $1700, $1650, $1450 with tenants paying most utilities (landlord only pays for water, sewer, trash, and common area power). Tenants on month-to-month leases, so you have the option to keep them or renovate the building to maximize rents. Tenant TOPA rights have been signed over. Priced lower than some THREE unit buildings that have sold within walking distance of this building (5808 14th St NW sold for $1,006,500)! HURRY TO TAKE ADVANTAGE OF THIS RARE OPPORTUNITY!!
Disclosures
All information, including figures, are provided in good faith, but are not guaranteed to be accurate. Buyers should conduct their own due diligence. We are not agents and this is not a pocket listing. We are under contract with the title holder and considered principals in the transaction. Anyone attempting to contact the title holder will be viewed as intentional interference with a contract and legal action may be brought against you. Additionally, you will be permanently removed from our mailing list and the mailing list of other major wholesalers in the area.