Assignment
Assignment Available · Under-Market Single Family · Washington, DC
3051 M St Nw, Washington, DC · Listed Jan 2025
The seller hasn’t added photos yet
Property typeApartment
Units53
Living area32,477 sqft
Lot1.7 acres
Year built1952
About this deal
Assignable purchase contract on a 3-bed, 2.0-bath single-family home located at 3051 M ST NW, Washington, DC. Contract price $275,000. Assignment fee is pre-negotiated and already priced in. Comps support solid post-rehab value — an equity play with minimal work required.
The numbers
- Cap rate
- 8.7%
- Net operating income
- $24,444/yr
- Cash flow
- +$2,037/mo
- Occupancy
- 41 of 53 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.