Discover The Saxony Cooperative Apartments, an investor's gem situated in dynamic Adams Morgan with views of Rock Creek Park and the National Zoo. This tenant-occupied, 600 sq. ft. 1-bedroom, 1-bath unit is leased at $1,850/month starting December 1, 2024, delivering immediate cash flow with a solid 4% cap rate. Inside,… Read More a welcoming foyer with a coat closet leads to an expansive 23x21 living/dining area featuring classic parquet flooring. The galley kitchen includes a gas stove, refrigerator, and garbage disposal, maximizing space and functionality. A spacious 15x13 bedroom and adjacent full bath provide a private, comfortable retreat. Enjoy premium building amenities including a rooftop deck with panoramic views, a fitness center, a laundry room, and a bike room. The all-inclusive co-op fee of $788 covers most utilities and building maintenance, making management effortless. Street parking is available, and the location is a short walk to the metro, offering quick access to D.C.'s attractions and employment hubs. This turnkey investment in an iconic neighborhood presents reliable rental income and excellent amenities. Read Less
Courtesy of John Akhavan, Realty ONE Group Capital [email protected]
Listing Snapshot
Days Online
6
Last Updated
Property Type
Condominium
Beds
1
Full Baths
1
Square Ft.
600
Year Built
1950
MLS Number
DCDC2167164
30 Days Snapshot Of 20009
$
+21%
(avg) sold price
54
+45%
homes sold
37
+85%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
2 elevators
Building
600 sqft living area, 600 sqft above grade (finished), Built in 1950, Major renovation in 2007, Structure Type: Unit/Flat/Apartment, 161 units in building, 1 levels, Unit/Flat, Brick
Cooling
Central Air, Electric, Central A/C
Accessibility Features
Elevator
Heating
Electric, Central
Home Owner's Association
Condo/Coop Association, Condo/Coop Fee : $788, Condo/Coop Fee Freq: Monthly, Concierge, Community Center, Exercise Room, Laundry Facilities, Fitness Center, Elevator, Water, Trash, Common Area Maintenance, Reserve Funds, Underlying Mortgage, Gas, Ext Bldg Maint, Custodial Services Maintenance, Sewer, Snow Removal, Taxes, Lawn Maintenance
Laundry
Common
Parking
On-site - Rent
Property
Other Structures: Above Grade, Below Grade, Soil Types: Urban Land-Sassafras-Chillum
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