721 Brandywine Street SE 102Washington, DC 20032

Description

INVESTOR ALERT - BUY/HOLD OPPORTUNITY. This 1-bed/1-bath condo at 721 Brandywine St SE, Unit 102 is tenant-occupied and cash-flowing from day one. The tenant is paying $1,410/month on a 1-year lease. At the $135,000 list price, the gross rent yield is approximately 12.5%. After the condo fee of $352.42/month (covers water and building maintenance), the net yield is approximately 9.4%. That's a strong return for a stabilized DC rental with no lease-up risk. The unit is 571 sq ft and lives well. Hardwood-style laminate floors run through the living room and hallway. The galley kitchen has dark granite counters, wood cabinets, and a full appliance package. The bathroom has classic black-and-white penny tile, a soaking tub, and two windows. The bedroom gets natural light and has a closet. In-unit stacked washer/dryer is included. So is a parking lot space. Condo fee is $352.42/month and covers water and basic building maintenance. Built in 1953. Southeast DC location near Anacostia and the Suitland Pkwy corridor. For an investment review or private showing, contact Troy Patterson, TTR Sotheby's International Realty.

Property Information

Property type

Residential

Sub-type

Condominium

Style

Other

Year built

1953

Living area

571 Sq Ft

Zoning

RA-1

Days on market

126

MLS^® Listing#

DCDC2260720

Property Features

Appliances

Electric Water Heater

Cooling

Central Air · Electric

Heating

Electric · Forced Air

Pool

None

Parking

Off Street

Construction

Brick

Sewer

Public Sewer

Water source

Public

Schools

District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Financial Details

HOA

None

Annual taxes

$957Tax year 2024

Assessed value

$122,620

Parcel number

6164//2174

Directions

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