Subject-To
Creative Finance (Sub-To) · 3BR/2.0BA · Washington, DC
455 I St NW, Washington, DC · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units2
Beds / baths5 / 3.5
Living area3,862 sqft
Lot0.3 acres
Year built1973
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 $595,000. Seller is motivated; equity in the property from day one. Sub-to due diligence package available on request.
The numbers
- Cap rate
- 10.8%
- Net operating income
- $24,696/yr
- Cash flow
- +$2,058/mo
- Occupancy
- 1 of 2 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.