1305 H St Ne
$2,000,000, 2,328 Sqft .02 Acres
About This Property
This is a mix use income producing property.Rent in this area for the same size 2beds and 2baths can range from$2500-$3100.you can live in the top floor and rent the 2nd unit or rent both units.Best deal in town don't miss this opportunity. You can also make more money by renting it as commercial many hair and nail salons did contacted us about a rental option if so rent can go up easily to $4,000 to $5,000 per month per unit as commercial. The main level currently reserved a spot for restaurant/Bar owner is working on permit if not the new owner can finalize the permit for restaurant use that will also generate another income rent in this area for restaurant/bar space is $45.00 - $55.00 per sqft. We have tenant moving in On July 1st for one unit paying $2,500 per month lease already executed $2,500x12=$30k per year and the second unit already have applicants. As a rental currently will make $5k per month=60k yr easily or more for the apartments. Previously both units were rented for $2,800 just this April,2019 tenants for both units moved out mother in law in one unit husband and wife was on the other unit. This area section 8 affordable housing unit for 2beds do qualify for $2,800 with out utility with utility $3,100 per month. Plus when the restaurant space is available that is another income. You do not have to worry about utilities it is separately metered water,electric,gas paid by tenants. Don't miss this opportunity best deal in town.
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
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Listing information last updated on July 16th, 2019 at 8:30pm CDT.