721 Brandywine St Se Unit #102, Washington, DC 20032

$135,000
1
BD
1
BA
571
SqFt

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List Price
$135,000
Status
ACTIVE
Days on Market
121
MLS#
DCDC2260720
Style
Other
Year Built
1953
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
571
Subdivision
Congress Heights
Neighborhood
Congress Heights
Building Name
Congress Heights

Property Description

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. The unit is 571 sq ft and lives well. Hardwood-style laminate floors run through the living room and hallway. The galley kitchen has dark granite counters, wood cabinets, and a full appliance package. The bathroom has classic black-and-white penny tile, a soaking tub, and two windows. The bedroom gets natural light and has a closet. In-unit stacked washer/dryer is included. So is a parking lot space. Condo fee is $352.42/month and covers water and basic building maintenance. Built in 1953. Southeast DC location near Anacostia and the Suitland Pkwy corridor. For an investment review or private showing, contact Troy Patterson, TTR Sotheby's International Realty.

Additional Information

Amenities
Other
Taxes
$957
HOA Includes
Other
Pets
Yes
Building Name
Congress Heights
Property Description
Other
Zoning
RA-1
Heating
90% Forced Air
Air Conditioning
Central A/C
Levels
4
School District
District Of Columbia Public Schools

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Listing courtesy of TTR Sotheby's International Realty. Contact: