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80 NEW YORK AVE NW #402
Washington, DC 20001
Quick Facts
- Bedroom:2
- Baths:1
- Area:842sq ft
- Style:Straight Thru
- ConditionVery Good
- Year Built:1925
Description:
High-Yield Investment Property, Instant Cash Flow: Secure a premier asset with immediate cash flow potential in one of Washington, D.C.’s high-demand rental markets. This updated 2-bedroom, 1-bathroom condominium offers an exceptional rate of return, projecting a gross annual rental income of $35,400 based on a rental value of $2,950 per month. Whether you are looking to expand your portfolio or execute a 1031 exchange, this asset delivers both strong immediate yields and long-term historic equity growth, this property delivers an outstanding 9.44% Gross Rate of Return. Coupled with a guaranteed lease transferring through August 2027, this represents a low-risk addition to any real estate portfolio with immediate, high-yield cash flow from day one. Located in sought-after Eckington with close proximity to the metro, this 4th floor unit comes with views of the city and features an open-concept floor plan designed to maximize space and natural light. It comes fully upgraded with brand-new hardwood plank flooring, fresh neutral paint, a kitchen equipped with premium quartz countertops and newer appliances. The low-maintenance, turnkey nature of this property ensures minimized capital expenditures and immediate tenant placement. Current lease transfers to buyer, fully occupied until August 2027 and unit cannot be shown until then.
| Status | Active |
| Added to RealtyWatch | August 29, 2026 - 2 days ago |
| Listing Office | RLAH @properties, Barri McClellan |
| MLS ID | DCDC2280670 |
Schedule a Showing
Interior
- General: Kitchen - Galley
- Laundry: Common
- A/C: Central A/C
- Heating: true, Forced Air, Electric
- Disability Feature: 2+ Access Exits
Exterior
- General: Above Grade, Below Grade
- Style: Straight Thru
- Parking: On-site - Rent, Parking Fee
Construction
- General: Brick, 1
Location
- HOA Amenities: Common Area Maintenance, Snow Removal, Trash, Water, 524.0, Monthly
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON-DC
Lot
- Zoning: RESIDENTIAL, 0619//2079
Utilities
- Water: Public
- Sewer: Public Sewer
Financial
- Source: BRIGHT_MAIN
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