Subject-To
Creative Finance (Sub-To) · 3BR/2.0BA · Washington, DC
2701 Martin Luther King Jr Ave Se, Washington, DC · Listed Jan 2025
Property typeMultifamily
Units2
Beds / baths6 / 2.5
Living area3,835 sqft
Lot0.33 acres
Year built1946
About this deal
Creative finance opportunity in Washington, DC. Single Family located at 2701 MARTIN LUTHER KING JR AVE SE, Washington, DC priced at $435,000 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
- 8.1%
- Net operating income
- $24,372/yr
- Cash flow
- +$2,031/mo
- Occupancy
- 1 of 2 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.
Who can make an offer
The seller only takes offers from buyers who meet these requirements.
- Intermediate credibility level or higher