1233 33rd St Washington, DC 20007

Listing details for 1233 33rd St, Washington, DC 20007 : Rare opportunity to acquire a cash-flowing investment property in the Georgetown Historic District, one block to M Street and 4 blocks to Georgetown University. The property is currently rented to college students under a series of annual leases through the end of May 2028. The average rent per bedroom is very competitive for the West Village. Tenants pay all utilities. Groups typically rent the house two years in advance and they like the large bedroom count (5). The sales price is based on a 4.5% capitalization rate. Several options may exist to enhance net operating income; details available. Property is unfurnished. House location survey and floor plan are online.