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FOR SALE: DC 4-Unit Multifamily – Assumable FHA 2.5% – Huge Equity Upside!
Prime Opportunity – Minutes from Downtown & JBAB!
Here's a rare chance to pick up a fully legal 4-unit multifamily in Washington, DC—with a rock-bottom assumable FHA loan at just 2.5% interest! These deals are almost impossible to find in today's market.
Key Features:
Purchase Price: $735,000
Assumable Loan Balance: ~$531,000 (FHA, 2.5% interest, 25 years left)
Monthly PITI: $3,113
Equity Gap to Bring: ~$200,000 (must be able to close the gap between loan and price)
Unit Mix & Rents:
Unit 1: 2BR, $1,330/mo (occupied)
Unit 2: 2BR, $1,202/mo (occupied)
Unit 3: 2BR, Vacant (can achieve $1,600/mo)
Unit 4: 1BR, Vacant (can achieve $1,400/mo)
Prime DC location – Close to transit, major employers, JBAB, and more.
Solid construction, well-maintained – Recent upgrades, just needs minor cosmetics in vacant units.
Potential for rent increase as vacancies are filled.
Perfect for house hacking or cash-flow investor.
Why This Deal Stands Out:
Assume a 2.5% rate—save hundreds monthly versus today’s rates!
$200k+ equity gap gives instant upside and leverage.
Low barriers to entry: You only need to bring the equity—no need for new financing or high-rate loans.
Serious buyers only. Proof of funds for down payment/equity gap required.
Want the full rent roll, pro forma, or to schedule a tour?