03/07/2024
**INVESTOR DEAL FOR SALE - Already Income flowing**
GREAT chance to acquire a lucrative income-flowing investment property in one of the most coveted neighborhoods in NW DC. With existing lease in place at $4346/mo, the option for a lender-paid interest rate buydown, and a home warranty, this opportunity is not to be missed for investors looking to make a strategic move in the dynamic D.C. real estate market.
Nestled in the heart of the highly sought-after Petworth neighborhood, 810 Marietta Place, NW, D.C., presents a unique opportunity for savvy investors seeking an already income flowing property. With an income of $4346/mo, you can acquire a comfortable monthly payment with a lender-paid interest rate buy down. I am happy to provide comps to compare market rental rates to illustrate 187% of fair market rental potential.
Upon entering this interior townhome, you can first relax outside of the one of two covered terraces.
This property boasts a strategic layout, allowing for maximum occupancy while maintaining individual privacy. Underneath the updated LVP flooring, you grace across the authentic hardwood floors to an open living area, kitchen and additional room that can be used as an additional bedroom, solarium or library as it does have a way of egress. The Kitchen has been updated with a new refrigerator and has an unused bath plug in availability, adding additional value for the future owner. The door off the kitchen leads to a gated and large backyard space with some pavement to allow for guests to enter into the kitchen OR basement unit. You can feel confident in this purchase with the complimentary One-year warranty that conveys.
Unique features and touches include a full bathroom featuring an illuminating skylight above the full newly installed shower and tub, a completely covered second terrace/sun room that meets two of the guests bedrooms via historic-like archways, posing as a unique offering for future tenants as leisure and storage. The basement poses as a separate living unit, with all inspected and newly added utilities, including laundry, security cameras and private half bath to accompany the fourth bedroom. All baseboards are heated and rooms illuminate via the recessed lighting.
The potential of 810 Marietta Place is further enhanced by its prime location within Petworth. Known for its sought after community, peaceful culture, and proximity to downtown D.C., this neighborhood continues to attract a steady stream of renters and home buyers alike. The property's desirability is not only reflected in its current rental income but also in its 187% of fair market rental potential and future appreciation through improvements and upgrades. It's a hassle-free investment opportunity that sets this property apart in the competitive D.C. real estate market and fluctuating rates.
Candess Correll - Relocation, Luxury and Cash Offer Certified REALTOR® | eXp Realty Luxury Division
Get on my calendar: https://calendly.com/candesscorrell
📱: (202)-709-7723
💻: candesscorrell.exprealty.com
888-860-7369
