About 612 Newton Pl Nw
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.
Features of 612 Newton Pl Nw
| MLS® # | DCDC2134038 |
|---|---|
| Price | $1,399,900 |
| Bathrooms | 0.00 |
| Square Footage | 2,904 |
| Acres | 0.06 |
| Year Built | 1931 |
| Type | Multi-Family |
| Sub-Type | Other, Quad |
| Style | Contemporary |
| Status | Active Under Contract |
Community Information
| Address | 612 Newton Pl Nw |
|---|---|
| City | WASHINGTON |
| County | WASHINGTON-DC |
| State | DC |
| Zip Code | 20010 |
Amenities
| Amenities | Formal/Separate Dining Room |
|---|---|
| Is Waterfront | No |
Interior
| Interior Features | Floor Plan-Open, Flat |
|---|---|
| Appliances | Dishwasher, Dryer, Disposal, Refrigerator, Washer |
| Heating | Hot Water |
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Brick and Siding |
|---|
School Information
| District | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | March 25th, 2024 |
|---|---|
| Days on Market | 32 |
| Zoning | R1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Listing Agent | Taelor Salmon |
|---|---|
| Listing Office | Coldwell Banker Realty - Washington |
| Listing Office Phone | 2023876180 |