Additional Information

INVESTOR ALERT!! This 2 unit building is in the Southwest Waterfront section of SW DC. Each unit has 4 bedrooms and 3 full baths and the building is 4 levels high total. Both units were fully updated about 5 years ago, so there is not much to be done. Its been banged up a big by previous tenants, but overall, its in really good condition. Both sides are vacant. Previously, ONE side rents for $4800/month under the voucher program, so that is $9600/month for BOTH sides. Just do some minor repairs and clean up and you'll be sitting on HUGE EQUITY SPREAD with SOLD CASH FLOW. Renovated buildings in the area are selling for $1.3M+, but you can buy this building for only $799,900!! That's a $500K+ spread! Giving you plenty of room to purchase, renovate, and rent out with a HUGE EQUITY POSITION. BETTER HURRY BEFORE THIS OPPORTUNITY IS GONE!! NOTE: This property is listed as 'under contract' in MLS, but the Sentrilock has been removed from the home. Please do not contact the listing agent to see the home (they are aware we are re-marketing the home). We are the purchasers looking to resell the property right after we close on it to buy it (separate transaction). If you are an agent, you will still be paid a 2.5% commission if you bring a buyer (wholesalers will, also). Please email us to be notified of the designated showing time for this home.