Wonderful opportunity to own a charming multi-unit building just a few blocks north of Georgetown in Burleith. Ideally situated on a quiet residential (1 block) street just around the corner from the Georgetown Safeway, Trader Joes, restaurants, and shops that line Wisconsin Ave. The property consist of 4 "self-contained" units, 1 bedroom + den layouts, two units have patio areas , and laundry/storage room in basement. Unit 1 - the largest (2 level) unit is perfect for an owner occupant, it's now vacant. Rents on the other 3 units range from $1572 to $1650. Tenants pay for their unit's electricity, gas, and water/sewer. Income - $75,132 (fully leased/last rent roll) Expenses (base-line, not including repairs) - $20,450 - R.E. Taxes: $14,000, Insurance: $2100, Utilities (house): $1,100, Trash Removal: $1800, and Janitorial Service : $1450. *Financials will vary and subject to change.
Listing courtesy of Chatel Real Estate, Inc.. Contact: