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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.