NOT in MLS: 4 Unit Building in SE DC for only $374,900!

[Jonathan C.]

INVESTOR ALERT!! This 4 unit building in the Hill Crest area of SE DC has 4 1br 1ba units on 2 levels w/ an unfinished basement where utilities currently are housed. Although 2 of the units are currently occupied, it will be completely vacant by closing (projected Nov 1) and all TOPA notices have been served and timelines completed. All major systems (forced air heat, window a/c units, & roof) are all relatively old, but still working. 1br units in the area are going for $1,200+/month, making this a CASH COW and a great long term investment as this area is HOT TURN AROUND AREA. Renovated buildings in the area are selling for $700K+, but you can buy this building for only $374,900!! That's a $225K+ spread!... Giving you plenty of room to purchase, renovate, and rent out with a HUGE EQUITY POSITION. BETTER HURRY BEFORE THIS OPPORTUNITY IS GONE!!