$374,900

80 New York Ave Nw #402, Washington, DC, 20001

2

Beds

1

Bath

842

Square feet

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 close 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.

Listing Details

OfficeRLAH @properties

Facts & Features

MLS® # DCDC2280670
Price $374,900
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 842
Year Built 1925
Type Residential
Sub-Type Unit/Flat/Apartment,Mid-Rise 5 - 8 Floors
Style Straight Thru
Status Active

Community Information

Address 80 New York Ave Nw #402
Subdivision CONVENTION CENTER
City Washington
County WASHINGTON-DC
State DC
Zip Code 20001
Senior Community No

Amenities

Parking On-site - Rent, Parking Fee
Is Waterfront No
HOA Amenities None

Interior

Heating Forced Air
Cooling Central A/C
Fireplace No
Stories 1

Exterior

Exterior Brick
Construction Brick
Other Structures 10000001172,10000001174

School Information

District DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

Date Listed August 29th, 2026
Days on Market 11
Zoning RESIDENTIAL
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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