Property Details

1 bedrooms |
1 full baths
571 SQFT
Year Built: 1953
ACTIVE
INVESTOR ALERT - BUY/HOLD OPPORTUNITY. This 1-bed/1-bath condo at 721 Brandywine St SE, Unit 102 is tenant-occupied and cash-flowing from day one. The tenant is paying $1,410/month on a 1-year lease. At the $135,000 list price, the gross rent yield is approximately 12.5%. After the condo fee of $352.42/month (covers water and building maintenance), the net yield is approximately 9.4%. That's a strong return for a stabilized DC rental with no lease-up risk.
Property Details
MLS #
DCDC2260720
Property Type
Residential
Listing Status
ACTIVE
Listing Price
$135,000
Year Built
1953
Lot Acreage
NA
Subdivision
CONGRESS HEIGHTS
City
WASHINGTON
County
WASHINGTON
Water Source
Public
Sewer
Public Sewer
Zoning
RA-1
Exterior Details
Home Type
Unit/Flat/Apartment
Style
Other
Parking
Off Street
Interior Details
Interior Space
571 sq ft
Heating
Electric - 90% Forced Air
Cooling
Electric - Central A/C
Hot Water
Electric
Accessibility Features
Other
Financial Details
County Tax
$957.00
Special Tax Assessment
$0
Tax Year
2024
Total Assessment
$122,620
Total Taxes
$957
Listing Courtesy of
Listing Office
TTR Sotheby's International Realty
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