Description

Wonderful opportunity to own a charming multi-unit building in Burleith; fewer than a handful exist in the neighborhood. Ideally situated on a quiet residential (1 block) street just around the corner from the Georgetown Safeway, Trader Joes, restaurants, and shops that line Wisconsin Ave. The property consist of 4 "self-contained" units, 1 bedroom + den layouts, two units have patio areas , and a shared laundry room in the basement. Rents currently range from $1467 to $1650. Tenants pay for their unit's electricity, gas, and water/sewer. Income - $75,132. Expenses (base-line) - $20,450 - R.E. Taxes: $14,000, Insurance: $2100, Utilities(house): $1,100, Trash Removal: $1800, and Janitorial Service : $1450. *Financials will vary and subject to change.

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Description

Wonderful opportunity to own a charming multi-unit building in Burleith; fewer than a handful exist in the neighborhood. Ideally situated on a quiet residential (1 block) street just around the corner from the Georgetown Safeway, Trader Joes, restaurants, and shops that line Wisconsin Ave. The property consist of 4 "self-contained" units, 1 bedroom + den layouts, two units have patio areas , and a shared laundry room in the basement. Rents currently range from $1467 to $1650. Tenants pay for their unit's electricity, gas, and water/sewer. Income - $75,132. Expenses (base-line) - $20,450 - R.E. Taxes: $14,000, Insurance: $2100, Utilities(house): $1,100, Trash Removal: $1800, and Janitorial Service : $1450. *Financials will vary and subject to change.