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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
13
Photos
4
beds
4
baths
3,032
sqft
Built in
1942
Uncover an incredible house-hacking opportunity in Fort DuPont Park with this well-maintained, four-unit income-generating property. Ideally located just a short walk from Pennsylvania Avenue, you’ll enjoy quick access to downtown D.C. and Capitol Hill. Each unit boasts one bedroom and a den, with two units available for immediate occupancy, one leased until November 15, 2024, and another awaiting your renovation ideas. Seize the opportunity with this turnkey multi-unit property to elevate your income while embracing the joys of homeownership. Your investment journey is straightforward: move into one unit and rent out the others to effortlessly cover your mortgage costs. This strategy empowers you to build equity at an exceptional value, with average one-bedroom rental rates in this area reaching $1,750, resulting in over $6,500 monthly! This property is also perfectly positioned in Ward 7, an area on the brink of transformative redevelopment. Numerous projects launching soon will introduce thousands of apartments and office spaces, ensuring long-term appreciation. Don’t miss this prime opportunity for immediate returns and significant future growth. Whether you’re an experienced investor or just getting started, this property is a must-see for anyone eager to optimize their investment.
Features & Amenities
Interior
- General:
- Bathroom - Tub Shower,Breakfast Area,Built-Ins,Carpet,Crown Moldings,Dining Area,Floor Plan - Open,Pantry,Primary Bath(s)
- Appliances:
- Built-In Microwave,Built-In Range,Instant Hot Water,Oven/Range - Gas,Refrigerator,Stove
- Laundry:
- Hookup
- A/C:
- None
- Heating:
- Y, Hot Water, Natural Gas
- Disability Feature:
- 32"+ wide Doors
Exterior
- General:
- Exterior Lighting,Flood Lights, Above Grade,Below Grade
- Style:
- Georgian,Traditional
Construction
- General:
- Brick, 2, Brick/Mortar
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County:
- WASHINGTON
Lot
- Zoning:
- R-3, 5433//0015
- Current Use:
- 0
Utilities
- Water:
- Public
- Sewer:
- Public Septic
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
TTR Sotheby's International Realty, Jonas Sterling McGaha
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Washington, DC
Housing
- Number of Units
- 355,879
- Median Home Value
- $676,049
- Median Rent
- $1,533
59.41% of housing units are renter occupied.
10.61% are vacant.
Commute
- Car
-
26.04%
- Public Transportation
-
22.45%
- Walk to Work
-
9.05%
- Work from Home
-
38.64%
- Other
-
0.89%
The median travel time to work is 21 minutes.
People
- Population
- 676,761
- Median Age
- 35.60
- Median Household Size
- 2.29
Education
- High School
-
15.71%
- Associate’s Degree
-
2.77%
- Bachelor’s Degree
-
26.24%
- Graduate Degree
-
36.17%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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