721 BRANDYWINE STREET SE 102, WASHINGTON, DC 20032
CONGRESS HEIGHTS · WASHINGTON County
Key Facts
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
30
MLS® Listing#
DCDC2260720
Property Features
Appliances
Cooling
Heating
Pool
Parking
Construction
Sewer
Water Source
Schools
- District:
- DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Financial Details
HOA
None
Annual Taxes
$957
Tax year 2024
Assessed Value
$122,620
Parcel Number
6164//2174
Directions
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Affordability Calculator
$27,000
Estimated monthly payment
$719/mo
Principal $108,000 · Est. interest $150,670 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in WASHINGTON, DC
- $549,699
- Median Listing Price
- 69
- Median Days on Market
- 1,257
- Median Sq Ft
- $475
- Median Price / Sq Ft
- 2,872
- Active Listings
- This home’s price is 75% below the area median.
- Its price per sq ft is 50% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in WASHINGTON, DC.
Location
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| 2400 MARION BARRY AVENUE SE 102, WASHINGTON, DC | $99,000 | 3 | 1 | 1,051 |
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Moving Cost Estimate
EXIT Agents in WASHINGTON
Listing Courtesy: TTR Sotheby's International Realty - 2022343344