This Income-Generating Duplex is a must-see! With Zero Deferred Maintenance and $3796 per month in rental income, this turn key investment is ideal for both new and experienced investors. This property is part of a portfolio sale including 3 additional duplexes (2001 Lois Place NW, 2054 Joseph E Boone Blvd NW and 308 Anderson Ave NW). Each duplex is priced at $530,000 and is fully occupied. Seller also has a completely renovated 8 unit apartment complex at 2150 Wadley Street NW listed for $1.7M. Purchase any of these properties alone or acquire the entire portfolio for maximum cash flow! Call Lee Gillespy to schedule a showing or to get more information. These properties won't last long! Welcome to this completely renovated 8 unit apartment complex. This is a prime investment opportunity offering new modern living. Each of the 8 units features 2 spacious bedrooms and a stylishly appointed bathroom, all completely renovated to meet contemporary standards. 3 of the 8 units will be leased by February 7, 2025 at $1,250 per month with 1 year leases. The rest of the 5 units are approved to be leased at $1595 per month. Each tenant the pays their own power bill. All apartments have new vinyl flooring, new kitchen cabinetry, granite countertops that offer both durability and a sleek aesthetic. The kitchens are also equipped with new stainless steel refrigerators, ovens, dishwashers and microwaves, providing a modern look and a maintenance free experience for residents. All bedrooms have new carpeting in each offering both durability and comfort. Every unit also includes a stackable washer and dryer, adding a level of convenience that is sure to attract quality tenants. This property presents a seamless investment opportunity. Don't miss the chance to own a fully renovated, income-generating property that combines modern amenities with excellent tenant appeal. Showings by Appointment Only

Listing courtesy of Compass



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Last checked: 2025-10-22 11:15 AM UTC