Description
BACK ON THE MARKET AND PRICED TO SELL! Incredible value-add opportunity. Install four windows and the market and HCVP rent increases by $400 per month - per unit. Current rents for each unit average $1,350 per month. The HCVP payment for two bedrooms in this market is $1,700 per month. The Small Multifamily Group is pleased to present the exclusive listing for this value add four-unit apartment building located at 1845 M Street NE. The property is located in the Northeast quadrant of Washington, DC in the Trinidad-Langston neighborhood. Trinidad-Langston is a quiet neighborhood with easy access to employment opportunities.There are about 170 bars and restaurants in Trinidad-Langston. 1845 M Street presents investors the opportunity to acquire a value add property. There are four two-bedroom units. Three units are occupied with below-market rents, one unit is vacant. Tenants pay utilities - owner pays only for water.Preferred Title Company - Premium Title Preferred Lender - Residential Mortgage
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0BEDS
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0.06ACRES
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0BATHS
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01/2 BATHS
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3,250SQFT
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$231$/SQFT
Description
BACK ON THE MARKET AND PRICED TO SELL! Incredible value-add opportunity. Install four windows and the market and HCVP rent increases by $400 per month - per unit. Current rents for each unit average $1,350 per month. The HCVP payment for two bedrooms in this market is $1,700 per month. The Small Multifamily Group is pleased to present the exclusive listing for this value add four-unit apartment building located at 1845 M Street NE. The property is located in the Northeast quadrant of Washington, DC in the Trinidad-Langston neighborhood. Trinidad-Langston is a quiet neighborhood with easy access to employment opportunities.There are about 170 bars and restaurants in Trinidad-Langston. 1845 M Street presents investors the opportunity to acquire a value add property. There are four two-bedroom units. Three units are occupied with below-market rents, one unit is vacant. Tenants pay utilities - owner pays only for water.Preferred Title Company - Premium Title Preferred Lender - Residential Mortgage
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Enterprises. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-03-29T21:51:23.383.