DEANWOOD612 EASTERN AVENUE NE 104WASHINGTON, DC 20019
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$452Investor 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.
| 13 hours ago | Listing first seen on site | |
| 13 hours ago | Listing updated with changes from the MLS® |
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