1417 SPRING RD NW, WASHINGTON, DC 20010 (MLS # DCDC492174)

Price $1,600,000
Status Active
Beds 0
Baths 0 Bath
Home size 1,080 sqft
Lot Size 1,307 sqft
Days on Market 15
This three-unit property is being brought to market after a complete top-to-bottom renovation. All mechanical systems and appliances are brand new. Each of the three units offers three bedrooms and one bathroom. Pending final approval by DC Housing Authority, this property will be operating at above-market rental rates by way of the Voucher Program. Monthly gross rental income would be guaranteed throughout the program at $11,616 and gross annual income at $139,392. A third party rental agency has been contracted to ensure all inspections are property cleared and that the building can be conveyed at 100% occupancy, translating to immediate cash flow the future owner.
Property Type(s): Multi Family
Last Updated 10/14/2020 Year Built 1923
County WASHINGTON

SCHOOLS

School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Details

AIR None
CONSTRUCTION Brick
HEAT Forced Air
HOA DUES None
LOT 1307 sq ft
SEWER Public Sewer
STYLE Traditional
TAXES 0.00
WATER Public
ZONING RA-2

Location

 

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