88 Q St SW

Washington, DC 20024

Positive cash flow multifamily rowhome in sought after SW DC. The downstairs unit comes fully furnished, upstairs unit comes partially furnished - just need a mattress and box spring (queen-size). If the next buyer's smart they'll "buy and hold" and watch their equity grow from the continued development in the area. Each unit leases for $1,600 a month (proof of lease will be provided upon request). Section 8 will net you between $2,000 - $2,500 per unit (do your research). Air B and B rates for these particular units range from $150 - $200 a night, add a premium during the Nationals and Washington spirit games, do the math.Property is zoned CG - 4 which is "intended to permit high-density mixed-use development." Build up to increase your cash flow. A "live future land use map" shows the location of 88 Q street SW to be in the "High-Density Residential & High-Density Commercial" area (see link). This area will only continue to develop. DC Future Land Use The landlord pays ($50 - $60) a month for water and $60 a month for a gardener (June - September) to maintain the front lawn. No other monthly costs and NO HOA's.Rare opportunity to build your portfolio in a highly desirable discounted area. Motivated sellers will be receptive to hearing all respectable offers.