Subject-To
Take Over Existing Mortgage — Single Family in Washington, DC
555 New Jersey Ave Nw, Washington, DC · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMixed-use
Units3
Beds / baths1 / 1.5
Living area3,709 sqft
Lot0.16 acres
Year built1951
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 $540,000. Seller is motivated; equity in the property from day one. Sub-to due diligence package available on request.
The numbers
- Cap rate
- 6.1%
- Net operating income
- $24,132/yr
- Cash flow
- +$2,011/mo
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.