Inviting two-bedroom, two-bath ground-level condo in the heart of Washington, D.C.! Sleek hardwood floors, Stainless Steel appliances, reserved parking.  Style meets Convenience in this home, which is perfect for Landlords, Tenants, and owner-occupied folks.  Easy to rent, plenty of equity to flip.  Whatever your exit strategy, there is tons of opportunity with this clean, updated property! Check the comps below – this assignment of contract has solid equity left for a savvy buyer.

Cross-streets: Pennsylvania Ave & Rte 295

• Purchase Type: Subject-To Existing Financing
• Entry: $35,000 down
• Monthly HOA: ~$500
• Monthly PITI: $915
• Rent Potential: ~$1,850–$2,000/mo. yields CASH FLOW of ~$400-600/mo!
• Cash-on-Cash Return using $500/mo Cash Flow = $500 x 12 / $35k entry fee = 17.1%!
• Beds/Baths: 2/2. 882 s.f. APN: 5811–2003, District of Columbia
• Condition: Turnkey – clean, modern finishes
• Exit Options: Buy & Hold, BRRRR, PadSplit, Wholetail Flip, etc.

Why This Deal:

• Locked-in financing, no need to qualify for a loan
• Perfect long-term hold in the Nation’s Capital
• Low entry, high appreciation market
• DC condos rarely come turnkey w/ this low of a barrier to entry
• Step into ~$50k of Equity and a ~17% Cash-on-Cash Return

Nearby Comps:

• 2201 Hunter Pl SE APT 201. SOLD $180k in Nov 2024; 2/1, 791sf.
• 2333 16th St SE Apt 302 SOLD $197k in June 2024; 2/1, 900sf.
• Based on these very nearby comps, the SUBJECT, which has a 2nd Bathroom & is 882sf, is worth ~$195-200k in its Current Condition!

 Call to Action:

• First $35K Entry Fee takes it. Move fast — it’s clean and already generating buzz!
• Easy to show.