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1/15
Sale
Condominium
Washington, City of Washington, District of Columbia
Bedroom
1 Bed
Bathroom
1 Bath
Total Area
571 undefined
Property Ref
6T39E6
Price
$ 135,000

Mayfair Branch
Description
721 Brandywine Street SE, Washington, DC, 20032
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. Sout...
Condo fee is $352.42/month and covers water and basic building maintenance. Built in 1953. Sout...
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Features & Amenities
Disclaimer: Please note that all sizes listed are approximate and based on documentation provided at the time of listing the property. Exact unit/plot sizes may vary from what is presented above.
Location
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Let's get in touch

Mayfair Branch
Listed Office
United Kingdom Sotheby's International Realty
48 Conduit Street, London, England, W1S 2YR