$530,000
( $279.54Per Sq Foot )
 $2,845 est/mo Sourced by Back At You

4121 Minnesota Ave NE , Washington, DC 20019

Washington, DC 20019

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Description

Exciting Opportunity: Prime Tenant-Occupied Property! Seller financing is available with 30% down. Welcome to a lucrative investment opportunity right across from the bustling Minnesota Ave subway station. This property, currently serving as a thriving doctor's office, boasts a net lease arrangement. What does that mean? The tenant takes care of all expenses, including DC property taxes and property insurance, ensuring a hassle-free ownership experience for you. Generating a gross income of $21,000, the current rent is just the beginning. With the potential to raise the rent per square foot, this investment promises even greater returns. Also the value is in the lot this being corner unit and zoned MU-3A tons of potentials. Current lease will expire in one year. Don't miss out on this golden opportunity to own a prime piece of real estate. Act now before it's gone!Plenty of parking side parking belongs to the city and parking is allowed as long as driveway is gravel.

Details

MLS#DCDC2140752
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1983
Days On Site128
Listing Provided ByRE/MAX Allegiance | Sebrin Adem

Features

SQ Feet1,896
ZoningMU-3A
Acreage0.06

Market Activity 20019

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Listings Checked: 6 minutes ago
StateDC
CountyWashington
CityWashington
Zip Code20019
School DistrictDistrict Of Columbia Public Scho
Listing VS Median (in 20019)
Price:
$530,000
low | high
Med:
$399,000
74.716981132075% of Average
SqFt:
1,896
low | high
Med:
1,292
81.856540084388% of Average
$ / SqFt:
$280
low | high
Med:
$309
39.522752497225% of Average
On Site:
128
low | high
Med:
99.000000
100% of Average
Sourced by Back At You
Listing Updated: August 23, 2024 at 5:41:02 PM PDT