As-is condition. Seller is seeking cash offers only with no contingencies. ATTENTION INVESTORS: This is a fully operational business with good paying tenants already in place. This property presents a highly profitable investment opportunity, ideal for investors or self employed individuals seeking additional inc...
As-is condition. Seller is seeking cash offers only with no contingencies. ATTENTION INVESTORS: This is a fully operational business with good paying tenants already in place. This property presents a highly profitable investment opportunity, ideal for investors or self employed individuals seeking additional income and retirement benefits. Welcome to Alton Street, conveniently located near Washington, DC, Virginia, public transportation, parks, recreation, and more. This three-level colonial with a basement offers nine bedrooms and two full bathrooms, with a third full bath rough-in located in the basement. The home features five bedrooms on the main level and four bedrooms upstairs, with additional potential for up to three more bedrooms in the basement. This property is ideal for multiple buyer types: an investor seeking positive cash flow by continuing the current room-by-room rental model, a homeowner willing to add value through renovations and gain instant sweat equity, or an investor looking to expand a fix-and-flip portfolio. The home can be delivered vacant if the buyer prefers not to retain the existing tenants. Current rental income includes two rooms rented at $170 per week, three rooms at $175 per week, one room at $155 per week, and one room at $165 per week, with two rooms currently vacant.
Rob Spicer Broker, GRI
Spicer Real Estate
7201 Wisconsin Avenue