1417 Spring Rd NW, Washington, DC 20010

This three-unit property is being brought to market after a complete top-to-bottom renovation. All mechanical systems and appliances are brand new. Each of the three units offers three bedrooms and one bathroom. Pending final approval by DC Housing Authority, this property will be operating at above-market rental rates by way of the Voucher Program. Monthly gross rental income would be guaranteed throughout the program at $11,616 and gross annual income at $139,392. A third party rental agency has been contracted to ensure all inspections are property cleared and that the building can be conveyed at 100% occupancy, translating to immediate cash flow the future owner.