80 New York Ave Nw #402, Washington, DC 20001
Local realty services provided by:ERA Valley Realty
80 New York Ave Nw #402,Washington, DC 20001
$374,900
- 2 Beds
- 1 Baths
- 842 sq. ft.
- Condominium
- Active
Listed by: barri mcclellan
Office: rlah @properties
MLS#:DCDC2280670
Source:BRIGHTMLS
Price summary
- Price:$374,900
- Price per sq. ft.:$445.25
About this home
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....
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Home facts
- Year built:1925
- Subdivision & Development:CONVENTION CENTER
- Listing ID #:DCDC2280670
- Added:23 day(s) ago
- Updated:September 21, 2026 at 01:58 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Kitchen Description:Kitchen - Galley
- Living area:842 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Forced Air
Structure and exterior
- Year built:1925
- Building area:842 sq. ft.
- Architectural Style:Straight Thru
- Construction Materials:Brick
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$374,900
- Price per sq. ft.:$445.25
- Tax amount:$2,751 (2026)
Parking
- Parking description:On Street, On-site - Rent, Parking Fee, Parking Lot
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