1
bed
1
bath
726
sqft
Built in
1950
Discover The Saxony Cooperative Apartments, an investor’s gem situated in dynamic Adams Morgan with views of Rock Creek Park, the National Cathedral and the National Zoo. This tenant-occupied, 600 sq. ft. top floor 1-bedroom, 1-bath unit is leased at $1,850/month starting December 1, 2024, delivering immediate cash flow with a solid 4% cap rate.
Inside, a welcoming foyer with a coat closet leads to an expansive 23x21 living/dining area featuring classic parquet flooring. The galley kitchen includes a gas stove, refrigerator, and garbage disposal, maximizing space and functionality. A spacious 15x13 bedroom and adjacent full bath provide a private, comfortable retreat.
Enjoy premium building amenities including a rooftop deck with panoramic views, a fitness center, a laundry room, and a bike room. The all-inclusive co-op fee of $788 covers most utilities and building maintenance, making management effortless. Street parking is available, and the location is a short walk to the metro, offering quick access to D.C.’s attractions and employment hubs.
This turnkey investment in an iconic neighborhood presents reliable rental income and excellent amenities.
-
Listing Status:
-
Active
-
Date Added:
- November 3, 2024
—
147 days ago
-
Listing Office:
-
Realty ONE Group Capital, John J Akhavan (703-522-6444)
-
Office Phone:
-
202-932-5100
-
MLS ID:
-
DCDC2167164
Features & Amenities
Interior
- Laundry:
- Common
- A/C:
- Central A/C
- Heating:
- Y, Central, Electric
- Disability Feature:
- Elevator
Exterior
- General:
- Above Grade, Below Grade
- Style:
- Unit/Flat
- Parking:
- On-site - Rent
Construction
- General:
- Brick, 1
Location
- HOA Amenities:
- Concierge, Community Center, Exercise Room, Laundry Facilities, Fitness Center, Elevator, Other, Water, Trash, Common Area Maintenance, Reserve Funds, Underlying Mortgage, Gas, Ext Bldg Maint, Custodial Services Maintenance, Sewer, Snow Removal, Taxes, Lawn Maintenance, 788.0, Monthly
- Originating MLS:
- BRIGHT_MAIN
- School District:
- DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County:
- WASHINGTON
Lot
- Zoning:
- RA-2, 2586//0814
- Current Use:
- 0
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Realty ONE Group Capital, John J Akhavan
Monthly Payment
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
*Your actual payment may vary based on your unique situation.
$--- Est. Payment
-
$--- BAH
=
$--- Remaining
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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