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$125,000: 1 Beds, 1 Baths
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  •  - 3101 SHERMAN AVE NW #103, WASHINGTON

  •  - 3101 SHERMAN AVE NW #103, WASHINGTON

  •  - 3101 SHERMAN AVE NW #103, WASHINGTON

  •  - 3101 SHERMAN AVE NW #103, WASHINGTON

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The Details

1 Bed | 1 Bath | 523 Sq Ft | 1941 Year Built
Investor Alert! And ONLY OPEN to INVESTORS per recorded deed instruments. PLEASE READ VERY CAREFULLY. THIS IS NOT A STANDARD SALE. Property CANNOT BE OCCUPIED as a PRIMARY RESIDENCE. The unit MUST convey with the EXISTING TENANT, who has a quasi-life estate established with DCHD. NOTE --- CASH BUYERS or HARD MONEY. THIS PROPERTY CANNOT BE TRANSFERRED LEVERAGING ANY FANNIE/FREDDIE BACKED LOANS. This tenant CANNOT be vacated and must abide by the terms and conditions of the deed restriction placed on the property. Investor Alert! This unit was fully re-modelled as part of a successful conversion to condos in 2017 and still shows remarkably well. It offer gleaming hardwood-look porcelain tile flooring, gourmet kitchens with SS appliances, quartz counters, in-unit W/D, and ample storage. The building offers low condo fees and is also pet-friendly. Allow for a savvy investor to maximize both immediate cash-flow and long term appreciation. Please contact the listing agent directly for details. CURRENT RENT = $550 a month with an agreed 10% annual increase on Jan 1 . SHOWINGS WILL BE BY APPOINTMENT ONLY TO VERIFIED PURCHASERS.
3101 SHERMAN AVE NW #103 WASHINGTON, DC Home Stats:
Home Type
Residential
Ownership
Condominium
County
WASHINGTON
City
WASHINGTON
Subdivision (Advertised)
COLUMBIA HEIGHTS
Basement
Yes
Heating Fuel
Electric
Cooling Fuel
Electric
Hot Water
Electric
Water
Public
Sewer/Septic
Public Sewer
MLS#
DCDC506792
Listed by Yianni KONSTANTOPOULOS, Compass
3101 SHERMAN AVE NW #103 WASHINGTON, DC Home Features:
Basement Information
Fully Finished
Financial Information
Refuse Fee
$0
Property Information
Ownership
Condominium
Year Built
1941

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