612 Eastern Avenue Ne 104 Washington, DC 20019

$99,000
2
Beds
2
Baths
678
SQFT
146
$/SQFT
$99,000
2
Beds
2
Baths
678   sf
$146 / sf
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new 23 hrs ago
1/10
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Investor Special: Turnkey Condo with Market Rent UpsideAttention investors: here is a rare, high-yield opportunity to add a turnkey asset to your portfolio with significant built-in upside. This beautifully refreshed condo has been home to a reliable tenant since May 2016, currently paying $1,588 per month. Because the property is exempt from rent control, there is a clear path to bridge the gap to the area’s market average of approximately $1,995.The heavy lifting has already been done. The unit features a suite of recent upgrades, including a Whirlpool washer/dryer (2023), fresh interior paint and new bedroom carpeting (May 2025), and brand-new Frigidaire kitchen appliances installed in October 2025—all of which remain under manufacturer warranty.The TOPA notice has been executed, streamlining the path to closing. To respect the long-term tenant’s privacy, we are preferring sight-unseen offers, with physical showings available upon the acceptance of a Letter of Intent. Offered as-is, this is a straightforward, low-maintenance play in a high-demand market.

Investor Special: Turnkey Condo with Market Rent UpsideAttention investors: here is a rare, high-yield opportunity to add a turnkey asset to your portfolio with significant built-in upside. This beautifully refreshed condo has been home to a reliable tenant since May 2016, currently paying $1,588 per month. Because the property is exempt from rent control, there is a clear path to bridge the gap to the area’s market average of approximately $1,995.The heavy lifting has already been done. The unit features a suite of recent upgrades, including a Whirlpool washer/dryer (2023), fresh interior paint and new bedroom carpeting (May 2025), and brand-new Frigidaire kitchen appliances installed in October 2025—all of which remain under manufacturer warranty.The TOPA notice has been executed, streamlining the path to closing. To respect the long-term tenant’s privacy, we are preferring sight-unseen offers, with physical showings available upon the acceptance of a Letter of Intent. Offered as-is, this is a straightforward, low-maintenance play in a high-demand market.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Washington
  • HOA Dues
    $291/mo
  • Tax Amount
    $1,054
  • Status
    Active
  • Listing #
    DCDC2266062
  • Built
    1952
  • Listed on site
    23 hours
  • Listing Agent Id
    304398662382

Listed by:
Compass

Source:
BRIGHT MLS

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Property details

Community Features

  • Has HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning
  • Main Floor Bedroom

Style

  • Traditional
  • Low Rise
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