Property
Washington, DC 20002 1812 H Place NE # 407
$210,000
7 more
Presented By: Long & Foster Real Estate, Inc.
SQFT • 363
SQFT • 363Home Details
Exceptional Investment Opportunity: 1-bedroom, 1-bathroom unit that is fully self-contained featuring its own HVAC, hot water heater and is separately meters for electric. It is currently rented out to a Section 8 Voucher tenant who is paying $1,900/month gross rent which offers reliable rental income and long-term growth. It can be purchased as a package deal along with 3 other units in the same building (B03, 304 & 409)-all fully leased to Voucher tenants. With 100% occupancy and individual metering, this is an ideal cash-flow investment. Located in a rapidly developing neighborhood with ongoing construction, your investment is positions for future appreciation. We are projecting between an 8%-9% cap rate.
Presented By: Long & Foster Real Estate, Inc.
Interior Features for 1812 H Place NE # 407
Other Interior Features
Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Other Rooms
Entry Level4
General for 1812 H Place NE # 407
Acceptable FinancingCash, Conventional
AccessibilityNone
Association Recreation FeeN
Building NameNONE AVAILABLE
Business TypeOther
Cap Rate8.00
CityWASHINGTON
Construction Completed Y/NNo
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyWASHINGTON
DirectionsTake Benning Road East to 17th Street and turn left. Then to H Streer and turn right. Th1812 H Street.
Gross Income22800.00
HeatingCentral
Historic Y/NNo
Lease Considered Y/NNo
Net Operating Income16867.00
New ConstructionYes
Operating Expense5933.00
OwnerPaysCommon Area Maintenance, Lawn/Shrub Care, Management, Miscellaneous, Pest Control, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Water
OwnershipCondominium
Possession0-30 Days CD, Negotiable
Price Per Sq Ft Total AG578.51
Property ConditionExcellent
Property SubtypeOther
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameCARVER LANGSTON
Tax Annual Amount1785.0
Tax Assessed Value210000.0
Tax Lot2118
Tax Year2025
TransportationBus Stop less than 1 mile
Unit Number407
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built2025
Year Built SourceEstimated
ZoningRF1
Exterior for 1812 H Place NE # 407
Building Area Total363.00
Car Parking Spaces
MeteringElectric Separate
Navigable Water Y/NNo
Soil TypesUrban Land-Sassafras-Chillum
Total Loading Docks
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Brian Lee
Associate