Courtesy of Long & Foster Real Estate, Inc.

1812 H PLACE NE 409

$400,000

1812 H PLACE NE Unit: 409, WASHINGTON, DC 20002

Sold

MLS® ID: DCDC2239096

  • 1,050 Sq.Ft.
  • 2025 BUILT

Property Details

PRICE REDUCTION OF $30,000! Exceptional Investment Opportunity: 4-bedroom, 1-bathroom unit that is fully self-contained featuring its own HVAC, hot water heater and is separately meters for electric. It is currently rented out to a Section 8 Voucher tenant who is paying $4,800/month gross rent which offers reliable rental income and long-term growth. It can be purchased as a package deal along with 3 other units in the same building (B02, 104 & 305)-all fully leased to Voucher tenants. With 100% occupancy and individual metering, this is an ideal cash-flow investment. Located in a rapidly developing neighborhood with ongoing construction, your investment is positions for future appreciation. We are projecting between an 8%-9% cap rate. Showings can only be Mon-Saturday from 9-4pm. No Sunday showings.

Justin Kitsch

LISTING AGENT

Amenities

Exterior & Building

  • water Source Public
  • parking On Street
  • Heat Type Central
  • Air Conditioning Central A/C
  • sewer Public Sewer
  • Disability Features None

Financial Details

  • Sales Price $400,000
  • Real Estate Tax $4,580/yr
  • Zoning RF1

Area & Lot

  • Status Sold
  • Living Area 1,050 Sq.Ft.
  • Total Area 1,050 Sq.Ft.
  • MLS® ID DCDC2239096
  • Type Commercial
  • Year Built 2025
  • Neighborhood Washington DC

Washington DC

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