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MLS: #DCDC2280670, Listed By: Barri McClellan, RLAH @properties, Source:Bright MLS

80 New York Avenue #402

WASHINGTON, DC 20001
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Bed 2

Bed

Bath 1

Bath

SqFt842

Sqft

High-Yield Investment Property, Instant Cash Flow: Secure a premier asset with immediate cash flow potential in one of Washington, D.C.’s high-demand rental markets. This updated 2-bedroom, 1-bathroom condominium offers an exceptional rate of return, projecting a gross annual rental income of $35,400 based on a rental value of $2,950 per month. Whether you are looking to expand your portfolio or execute a 1031 exchange, this asset delivers both strong immediate yields and long-term historic equity growth, this property delivers an outstanding 9.44% Gross Rate of Return. Coupled with a guaranteed lease transferring through August 2027, this represents a low-risk addition to any real estate portfolio with immediate, high-yield cash flow from day one. Located in sought-after Eckington with c lose proximity to the metro, this 4th floor unit comes with views of the city and features an open-concept floor plan designed to maximize space and natural light. It comes fully upgraded with brand-new hardwood plank flooring, fresh neutral paint, a kitchen equipped with premium quartz countertops and newer appliances. The low-maintenance, turnkey nature of this property ensures minimized capital expenditures and immediate tenant placement. Current lease transfers to buyer, fully occupied until August 2027 and unit cannot be shown until then.

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Detail Ic Property Details

Property Type : Residential

Price : $374,900

AD Id : 90878185

MLS Id : DCDC2280670

Beds : 2

Living Area Size : 842 Sq. Ft

Tax Amount : $2,751

Year Built : 1925

County : WASHINGTON

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1
  • Interior Features

    Appliances: Electric Water Heater Laundry Features: Washer Hookup, Common Area
  • Heating & Cooling

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

  • Building Information

    Year Built: 1925 Building Area Total: 842 Construction Materials: Brick Pool Features: None Private Pool: No

  • Property Information

    Subdivision: CONVENTION CENTER Source Property Type: Residential Postal Code Plus 4: 1268 Property SubType: Condominium Levels: One Property Age: 101

  • Listing Price Information

    Listing Price: $374900

  • Tax Information

    Parcel Number: 0619//2079 Tax Year: 2026 Annual Tax: $2751

  • Parking Information

    On Street, Leased, Parking Lot

    Garage Information

    Pets Allowed: Yes
    Homeowners Association Information
    Included Fees: Snow Removal, Trash, Water Association Amenities: None

  • Location Information

    Direction: New York Ave to First St to M St. Park on street. WaterSource: Public
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ByOwner last updated this listing 10/07/2026 @ 23:17

MLS: DCDC2280670 LISTED BY: Barri McClellan, RLAH @properties 301-652-0643 SOURCE: Bright MLS

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