4606 HILLSIDE RD SE Under Contract

Washington,DC 20019

$ 1195000

- Bed

- Bath

2556 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,556 sqft

Price per Sqft $467

MLS Listing ID DCDC2154140

Style Traditional

Abv Grd Liv Area 2,556

Originating Board BRIGHT

Year Built 1942

Annual Tax Amount $3,211

Tax Year 2023

Lot Size 3,565 Sqft

Acres 0.08

Property Description

PRIME investment opportunity boasting an impressive 10.5%+ CAP rate!!! Multi-family building in Washington, DC. features 4 fully-occupied units, with a steady monthly income of $12,400. All units are rented through DCHA housing vouchers, ensuring consistent and reliable cash flow. This building not only delivers strong financial returns but also includes a dedicated on-site Super who efficiently handles maintenance and tenant concerns. Building layout is Two, 5 -bedroom units and Two, 2 bedroom units. Additional perks include convenient rear off-street parking and coin operated laundry room bringing in additional income. Don’t miss your chance to invest in this well-managed, high-yield asset in a vibrant SE DC.

Location

State DC

County Washington

Zoning R2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5362//0081

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Exchange

Listing Terms Cash,Exchange

Financing Cash,Exchange

Special Listing Condition Standard

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