Washington, DC 20024 1221 Carrollsburg Place SW
$1,599,900
Presented By: Long & Foster Real Estate, Inc.
Home Details
Exceptional and separately metered 2-unit property in pristine conditionideal for investors seeking strong rental income and long-term growth. The property features 26-bedroom, 3-bath units that are fully self-contained, each with its own HVAC system and hot water heater and separately metered for electricity. Currently, its 100% leased to Section 8 tenants, making it a steady income producer. Located in a rapidly developing neighborhood with plenty of new construction, this investment is poised to grow in value. Buyers must provide proof of funds or a lender letter. TOPA hasnt been issued, and leases, CofO, and P&L will be available during the study period.
Presented By: Long & Foster Real Estate, Inc.
Interior Features for 1221 Carrollsburg Place SW
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
Basement (Y/N)No
Central Air Y/NYes
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric
Laundry TypeHas Laundry, Dryer In Unit, Washer In Unit
Window FeaturesDouble Hung, Double Pane
General for 1221 Carrollsburg Place SW
Acceptable FinancingCash, Conventional
AccessibilityNone
AppliancesBuilt-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Range Hood, Refrigerator, Stove, Washer, Water Heater
Architectural StyleContemporary
Association Recreation FeeN
Cap Rate7.40
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyWASHINGTON
DirectionsTake M Street to Carrollsburg Place. Carrollsburg is one-way from M Street to Street. Then house is on the right.
DisclosuresHouse Code - Inspected, House Code - L&I Approval, House Code - Current License, Lead Based Paint - Federal, Lead Based Paint - State, Prop Disclosure, Under Lease
Garage Y/NNo
Gross Income158735.00
HeatingCentral
Historic Y/NNo
Home Warranty Y/NNo
Insurance Expense4435.00
Lease TypeNone
Living Area3500
Lot Size Square Feet0.00
Lot Size UnitsSquare Feet
MaintenanceExpense5188.00
Net Operating Income119000.00
New ConstructionNo
Number Of Units Total2
Number of Units Leased1
NumberOfUnitsVacant
One Bedroom Units Count
Operating Expense39684.00
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2
OwnerPaysAccounting/Legal, Advertising/Licenses and Permits, Electricity, Common Area Maintenance, Pest Control, Repairs, Payroll, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
OwnershipFee Simple
Possession31-60 Days CD, Subject to Existing Lease
Price Per Sq Ft Total AG457.11
Property ConditionGood
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofBuilt-Up
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NameSOUTH WEST
Tax Annual Amount6251.0
Tax Assessed Value726350.0
Tax Year2024
Total Actual Rent158736.00
Total SQFT3500
TransportationBus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles
Trash Expense0.00
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1909
Year Built SourceEstimated
ZoningRF-1
Exterior for 1221 Carrollsburg Place SW
Door FeaturesInsulated
Foundation DetailsBlock
Lot Size Acres0.00
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Pool Charge0.00
Soil TypesUrban Land-Sassafras-Chillum
SpaNo
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
