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.
Listed By
Agency Name: TTR Sotheby's International Realty
Agency Phone: 2022343344
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
Estimated Payment
$ 419.58 per month $300.45 Principal & Interest $79.75 Property Tax $39.38 Homeowner's Insurance
721 Brandywine Street Se, Unit 102 | MLS# DCDC2260720
This condo located at 721 Brandywine Street Se, Unit 102, Washington, DC 20032 is currently listed for sale with an asking price of $135,000. This property was built in 1953 and has 1 bedrooms and 1 full baths with 571 sq. ft. Brandywine Street Se, Unit 102 is located in the CONGRESS HEIGHTS subdivision within the DISTRICT OF COLUMBIA PUBLIC SCHOOLS school district. Search CONGRESS HEIGHTS real estate on www.homesale.com today.