1332 ADAMS Street NE
Property Description
**1332 ADAMS ST NE: 3 TURNKEY VACANT UNITS + 1 OCCUPIED MONTH-TO-MONTH UNIT.** Solid brick 4-unit building presenting an optimal structure for an owner-occupant house-hack or portfolio investor. Three (3) of the four units are completely vacant, fully updated, and move-in ready, offering immediate flexibility to occupy or lease at current market rates. One (1) unit is currently occupied by an inherited, long-term month-to-month tenant. **INTERIOR CONDITION & FINISHES:** The vacant units feature extensive recent updates, including low-maintenance light luxury vinyl plank flooring, fresh neutral paint, recessed lighting, and individual wall-mounted ductless mini-split HVAC systems for efficient, zoned climate control for unit #1 only. Updated bathrooms display tile shower surrounds, glass-enclosed tub/shower combinations, modern vanities, and updated fixtures. Units also include dedicated in-unit stackable laundry appliances. An owner-occupant can select their choice of the three vacant units to live in on Day 1 while utilizing existing and incoming rental revenue to directly subsidize monthly mortgage carrying costs. For investors, 75% vacancy eliminates inherited lease constraints, allowing for immediate tenant placement at current market rents or local voucher benchmarks. Exterior features include a classic brick facade, lighted stone entrance steps, and a fenced rear yard with walkway access.
Broker Details
REAL BROKER LLC (202) 335-7325
MLS ID: 3109753 State License Number: SP98377913
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $875,000 |
| No. of Units: | 4 |
| Year Built: | 1942 |
| Lot Size: | 2,720.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $218,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-TRENDPA-DCDC2284554
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