Subject-To
Sub-To Deal · Single Family, Washington, DC · Motivated Seller
6825 16th St Nw, Washington, DC · Listed Jan 2025
The seller hasn’t added photos yet
Property typeApartment
Units67
Living area32,491 sqft
Lot0.6 acres
Year built1966
About this deal
Subject-to existing financing on a 3-bed, 2.0-bath single-family home in Washington, DC. Take over the existing mortgage payments and acquire the deed for $265,000. Seller is motivated; equity in the property from day one. Sub-to due diligence package available on request.
The numbers
- Cap rate
- 10.1%
- Net operating income
- $24,612/yr
- Cash flow
- +$2,051/mo
- Occupancy
- 55 of 67 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.