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$ 530,000
Est. payment /mo
Active
4121 MINNESOTA AVE NE Washington, DC 20019
1,896 SqFt
UPDATED:
12/11/2024 11:29 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,896 sqft
Price per Sqft $279
MLS Listing ID DCDC2140752
Originating Board BRIGHT
Year Built 1983
Annual Tax Amount $6,165
Tax Year 2024
Lot Size 2,480 Sqft
Acres 0.06
Property Description
Exciting Opportunity: Prime Tenant-Occupied Property! Seller financing is available with 30% down.
Welcome to a lucrative investment opportunity right across from the bustling Minnesota Ave subway station. This property, currently serving as a thriving doctor's office, boasts a net lease arrangement. What does that mean? The tenant takes care of all expenses, including DC property taxes and property insurance, ensuring a hassle-free ownership experience for you.
Generating a gross income of $21,000, the current rent is just month to month . With the potential to raise the rent per square foot, this investment promises even greater returns. Also the value is in the lot this being corner unit and zoned MU-3A tons of potentials.
Property can be delivered vacant .
Don't miss out on this golden opportunity to own a prime piece of real estate.
Plenty of parking side parking belongs to the city and parking is allowed as long as driveway is gravel.
Welcome to a lucrative investment opportunity right across from the bustling Minnesota Ave subway station. This property, currently serving as a thriving doctor's office, boasts a net lease arrangement. What does that mean? The tenant takes care of all expenses, including DC property taxes and property insurance, ensuring a hassle-free ownership experience for you.
Generating a gross income of $21,000, the current rent is just month to month . With the potential to raise the rent per square foot, this investment promises even greater returns. Also the value is in the lot this being corner unit and zoned MU-3A tons of potentials.
Property can be delivered vacant .
Don't miss out on this golden opportunity to own a prime piece of real estate.
Plenty of parking side parking belongs to the city and parking is allowed as long as driveway is gravel.
Location
State DC
County Washington
Zoning MU-3A
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source None
Exterior
Garage Spaces 4.0
Water Access N
Accessibility None
Total Parking Spaces 4
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5078//0042
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Listed by Sebrin Adem • RE/MAX Allegiance