Subject-To
Creative Finance (Sub-To) · 3BR/2.0BA · Washington, DC
470/490 Lenfant Plaza Sw, Washington, DC · Listed Jan 2025
The seller hasn’t added photos yet
Property typeApartment
Units52
Living area32,476 sqft
Lot1.6 acres
Year built1951
About this deal
Creative finance opportunity in Washington, DC. Single Family located at 470/490 LENFANT PLAZA SW, Washington, DC priced at $595,000 on a subject-to basis. Take the deed and step into the existing financing. Seller is cooperative and timeline is flexible.
The numbers
- Cap rate
- 8.6%
- Net operating income
- $24,432/yr
- Cash flow
- +$2,036/mo
- Occupancy
- 40 of 52 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.