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Description:
Investor Alert! Tenant Occupied until April, 2026. $1,300/monthly rent. Low condo fee of around $300 a month. A rare opportunity to own a unit in a boutique, well-managed building in the heart of Cleveland Park - steps from the Red Line Metro, Target, coffee shops, and more. Units in this building rarely come to market and this one delivers a solid annual return that outpaces the average DC rental, making it an excellent bargain for investors. This beautifully maintained studio is tenant-occupied and already generating reliable rental income. A true turnkey investment! Inside, the bright, efficient layout is enhanced by a custom closet system that essentially creates a walk-in closet - a rare feature at this price point. A renovated kitchen with generous counter space is smartly set apart from the living area, adding both style and functionality. The building is professionally managed by a reputable firm, which also oversees this unit, ensuring seamless day-to-day operations for investors. With low condo fees, consistent income, and strong building management, this property offers exceptional value and long-term upside. Whether you’re expanding your portfolio or securing a low-maintenance DC pied-à-terre for the future, this is an opportunity not to be missed.
Status | Active |
Added to RealtyWatch | August 14, 2025 - 29 days ago |
Listing Office | EJF Real Estate Services, James Edward Rice |
MLS ID | DCDC2214866 |
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