612 Newton Pl Nw, WASHINGTON

$1,399,900

0 Bed
0 Bath
2,904 Sqft
.06 Acre
0 Parking

Introducing a prime investment opportunity (with an assumable mortgage) nestled in the vibrant community of Columbia Heights. This 4-unit building, listed at $1,399,900, presents an enticing prospect for savvy investors seeking immediate returns. Boasting a convenient location near the Georgia Ave- Petworth metro station and a plethora of amenities, this property is an attractive choice for both tenants and investors alike. Each unit features 2 bed(s)/1 ba, updated appliances inclusive of an in-unit washer dryer combo, and a private patio, offering residents the utmost convenience.

What sets this investment apart is its stable tenancy arrangement. The property is leased with a voucher subsidy program, ensuring consistent rental income. Additionally, all tenants are on month-to-month leases, providing flexibility for new ownership. T-12 available upon request.

Generating over $11,000/mo in rental income, this property promises a strong return on investment. Its desirable amenities and strategic location make it a standout choice in Columbia Heights' competitive real estate market.

Don't miss out on this exceptional opportunity to own a profitable investment property in one of Washington, D.C.'s most sought-after neighborhoods. Schedule a showing today to explore the potential of this remarkable 4-unit building. T-12 available upon request. Photos are from prior sale. All units are currently occupied.

Essential Information
MLS® #DCDC2134038
Price$1,399,900
Bathrooms0.00
Square Footage2,904
Acres0.06
Year Built1931
TypeMulti-Family
Sub-TypeQuad, Other
StyleContemporary
StatusActive
Community Information
Address612 Newton Pl Nw
CityWASHINGTON
CountyWASHINGTON-DC
StateDC
Zip Code20010
Amenities
AmenitiesFormal/Separate Dining Room
Interior
Interior FeaturesFloor Plan-Open, Flat
HeatingHot Water
CoolingCentral A/C
Appliances

Dishwasher, Dryer, Disposal, Refrigerator, Washer

Exterior
ExteriorBrick and Siding
District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information
ZoningR1
Condo Fees$0
HOA Fees$0
Listing Details
Office Contact(202) 387-6180
Office

Coldwell Banker Realty - Washington

Property History
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
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Listing information last updated on May 9th, 2024 at 3:03pm EDT.