107 Webster St NE
Coming Soon

107 Webster St NE

Private Address

$464,900
SELLER FINANCING AVAILABLE. Value-add opportunity for an owner-occupant or investor exempt from DC rent control (owns less than 5 units in their personal name). This two-unit building features (2) 1-bedroom apartments with private exterior entrances. Units are in average condition and should pass a FHA/VA/Fannie appraisal. Unit #1 is delinquent $20k+ in rent and also maintains below-market rent ($660/month), allowing for a rent-control exempt investor to raise rent or an owner-occupant to provide a notice to vacate for personal use. Unit #2 is current on rent ($1,095/month) and is open to vacating with 60-90 day notice and a reasonable buyout. Both units are month-to-month. An assumable $256,870 seller-financed note ($962/month, 4.49%, Interest-Only, Maturity July 2029) is available for qualified buyers. Seller WILL NOT convey both units vacant at Settlement. Certificate of Occupancy application is in process and will convey at Settlement.

2
beds

1,336 Sq.Ft. LIVING AREA

2,220 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms2

Area & Lot

  • Status Coming Soon
  • Living Area1,336 Sq.Ft.
  • Lot Area2,220 Sq.Ft.
  • MLS® IDDCDC2177150
  • TypeMulti-Family
  • YEAR BUILT1953
  • NeighborhoodWashington DC Metro
  • Architecture StylesOther
  • School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS

Exterior

  • water SourcePublic
  • parkingOff Street, On Street
  • HEAT TYPENatural Gas
  • AIR CONDITIONINGWindow Unit(s)
  • sewerPublic Sewer

Financial

  • Sales Price$464,900
  • Real Estate Tax $4,566/yr

Washington DC Metro

Explore

Work With Lledon Stokes Group

Whether you are looking to expand your wealth portfolio or purchase your first home, Lledon combines her enthusiasm for real estate with a can-do attitude to drive unrivaled results!

Follow Lledon on Instagram