412 20TH ST NE
Property Description
Exceptional twounit property in pristine condition, fully separately metered and designed for effortless, incomeproducing ownership. Buy either unit for 650,000 or the entire building for 1,600,000. Ideal for both seasoned investors and firsttime buyers seeking strong cash flow and longterm appreciation. Each unit offers a spacious 5bedroom, 2bath layout, fully selfcontained with individual HVAC systems, dedicated hot water heaters, and separate electric metersa rare combination that keeps operating costs predictable and management simple. The building is currently 100 leased to Housing Choice Voucher tenants, providing guaranteed monthly income and minimal vacancy risk. This is a true cashcow asset with reliable performance from day one. Located in an upandcoming neighborhood experiencing significant new construction and revitalization, this property is positioned for continued value growth. Secure your stake in a rapidly improving area and watch your investment strengthen over time. Need 24-hour notice to show.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,600,000 |
| Year Built: | 1941 |
| Opportunity Zone: | No |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-LONGANDFOSTER-100-DCDC2280068
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
5921 FOUNDERS CROSSING CT #202
ALEXANDRIA, Virginia
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout