721 Brandywine Street SE, Washington, DC, 20032 (Off Market)

For Sale, USD 135,000


721 Brandywine Street SE Unit# 102, Washington, DC, 20032,

Property Type : Condo

Property Style : N/A

Build Size : 571 ft² / 53 m²

Land Size : N/A

Bedroom : 1

Bathroom : 1

Half Bathroom : 0

MLS#: DCDC2260720


Property Description

INVESTOR ALERT - BUY/HOLD OPPORTUNITY. This 1-bed/1-bath condo at 721 Brandywine St SE, Unit 102 is tenant-occupied and cash-flowing from day one. The tenant is paying $1,410/month on a 1-year lease. At the $135,000 list price, the gross rent yield is approximately 12.5%. After the condo fee of $352.42/month (covers water and building maintenance), the net yield is approximately 9.4%. That's a strong return for a stabilized DC rental with no lease-up risk.The unit is 571 sq ft and lives well. Hardwood-style laminate floors run through the living room and hallway. The galley kitchen has dark granite counters, wood cabinets, and a full appliance package. The bathroom has classic black-and-white penny tile, a soaking tub, and two windows. The bedroom gets natural light and has a closet. In-unit stacked washer/dryer is included. So is a parking lot space.Condo fee is $352.42/month and covers water and basic building maintenance. Built in 1953. Southeast DC location near Anacostia and the Suitland Pkwy corridor.For an investment review or private showing, contact Troy Patterson, TTR Sotheby's International Realty.
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721 Brandywine Street SE, Washington, DC, 20032, United States,District of Columbia,Washington is a 571ft² Washington luxury Condo listed for sale USD 135,000. This high end Washington Condo is comprised of 1 bedrooms and 1 baths. Find more luxury properties in Washington or search for luxury properties for sale in Washington.