4124 Ames Street #203, WASHINGTON, District of Columbia image 1
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MLS: #DCDC2270570, Listed By: Rebecca Williams, Real Broker, LLC, Source:Bright MLS

4124 Ames Street #203

WASHINGTON, DC 20019
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$140,000 $590/Mo
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Bed 2

Bed

Bath 1

Bath

SqFt764

Sqft

**Cash purchase only** INVESTOR ALERT! Immediate Cash Flow | Tenant in Place | Future Rent Upside Immediate cash flow from day one! Tenant-occupied 2BR/1BA condo generating $1,500/month with a reliable tenant in place through January. Below-market rent offers built-in upside at lease renewal, creating an opportunity to increase future revenue. Recently refreshed interior, assigned off-street parking, private storage, in-unit washer and dryer, secure building, and just minutes to Deanwood Metro. Cash purchase only. This is an outstanding opportunity for investors seeking immediate income with long-term appreciation potential. Located in a secure, professionally managed 14-unit condominium building, this well-maintained condo offers the ideal combination of stable cash flow and low-mainten ance ownership. The current tenant has an excellent payment history, allowing you to purchase with confidence and begin collecting rental income immediately. Recently refreshed interior features a modern kitchen and renovated bathroom, along with the convenience of an in-unit washer and dryer. Additional value-added amenities include assigned off-street parking, a private storage unit, and a pet-friendly community, helping attract and retain quality tenants. The condo fee includes water, keeping operating expenses more predictable. Ideally situated just minutes from the Deanwood Metro Station (Orange Line), Metrobus routes, Route 50, I-295, and the Baltimore-Washington Parkway, residents enjoy easy access to Downtown Washington, DC, Capitol Hill, Maryland, and Northern Virginia. Shopping, restaurants, parks, and everyday conveniences are all nearby, supporting strong rental demand in this growing Northeast DC neighborhood. Whether you're expanding your rental portfolio, completing a 1031 Exchange, or searching for a turnkey investment with immediate income and future upside, this property delivers. Investment Highlights Immediate rental income at closing Current rent: $1,500/month Reliable tenant with an excellent payment history Below-market rent with future income growth potential Updated kitchen and renovated bathroom In-unit washer and dryer Assigned off-street parking Private storage unit Secure building access Pet-friendly community Water included in the condo fee Minutes to Deanwood Metro, Metrobus, Route 50, I-295, and BW Parkway Cash purchase only. Existing lease through January must be honored. A rare opportunity to acquire a performing investment property with immediate cash flow and the potential for increased returns.

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Detail Ic Property Details

Property Type : Residential

Price : $140,000

AD Id : 87054456

MLS Id : DCDC2270570

Beds : 2

Living Area Size : 764 Sq. Ft

Tax Amount : $1,349

Year Built : 1963

County : WASHINGTON

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Has Basement: Yes Basement: Other

  • Interior Features

    Appliances: Gas Water Heater Laundry Features: Washer Hookup

  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Central Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1963 Building Area Total: 764 Construction Materials: Brick Veneer Pool Features: None Private Pool: No

  • Property Information

    Subdivision: DEANWOOD Source Property Type: Residential Postal Code Plus 4: 3363 Property SubType: Condominium Levels: One Property Age: 63

  • Listing Price Information

    Listing Price: $140000

  • Tax Information

    Parcel Number: 5084//2009 Tax Lot: 2009 Tax Year: 2025 Annual Tax: $1349

  • Parking Information

    Parking Lot

    Garage Information

    Pets Allowed: Yes
    Homeowners Association Information
    Included Fees: Trash, Water, Maintenance Grounds Association Amenities: None

  • Location Information

    Direction: Use Google or Waze WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
44 49th Street #302, Washington, DC, 20019 $100,000 2 1 800 --
4631 Minnesota Avenue, Washington, DC, 20019 $399,999 3 2 1,157 --
4613 Minnesota Avenue #2, Washington, DC, 20019 $275,000 2 2 832 --
4212 Benning Road #6, Washington, DC, 20019 $129,000 2 1 703 --
4116 Ames Street #203, Washington, DC, 20019 $149,000 2 1 740 --
4110 Ames Street #102, Washington, DC, 20019 $160,000 2 1 744 --
428 Ridge Road #205, Washington, DC, 20019 $64,999 1 1 624 --

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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 10/08/2026 @ 03:34

MLS: DCDC2270570 LISTED BY: Rebecca Williams, Real Broker, LLC 855-450-0442 SOURCE: Bright MLS

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