2835 Gainesville St Se Unit 102, Washington, DC 20020

$75,000
2
BD
1
BA
759
SqFt

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List Price
$75,000
Days on Market
3
Status
ACTIVE
MLS#
DCDC2284952
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
759
Lot Size (Acres)
0.02
Style
Traditional
Year Built
1955
County
Washington
School District
District Of Columbia Public Schools

Property Description

MOTIVATED SELLER – SELLER OFFERING FLEXIBLE TERMS AND PRE-PAID HOA FEES - CASH OFFERS ONLY Unit is ideal for investors or owner-occupants! Renovated in 2026, this spacious 2-bedroom, 1-bath condo features a modern kitchen with stainless steel appliances, quartz countertops, LVP flooring and in-unit washer and dryer. Located on a quiet block with ample parking, this property offers attractive rental income potential and convenient access to public transportation. The C35 bus stop is just a 3-minute walk away, providing an approximately 10-minute ride to the Naylor Road Metro Station. Based on the 2026 Fair Market Rent (FMR), potential gross rental income is estimated at $1,760 per month, with estimated monthly operating expenses of $700 ($400 condo fees, $100 electric, and $100 real estate taxes). This represents a potential net operating income of $1,060 per month ($12,720 annually) before financing costs, vacancies, repairs, and other unforeseen expenses. Solar panels were recently installed, and recent electricity bills have been $0 (all electric units). Renovation permits available. Note: Income and expenses are projections that are not guaranteed.

Additional Information

Subdivision
Randle Heights
Building Name
Randle Heights
Interior Features
Some Carpeting, Dining Combo, Flat, Traditional Floorplan, Galley Kitchen, Upgraded Countertops, Window Treatments
School District
District Of Columbia Public Schools
Flooring
Carpet, Tile, Vinyl
Exterior Features
Lighting, Sidewalk, Street Lights
Heating
Heat Pump
Cooling
Central Air
Utilities
Cable Available, Electric Available, Phone Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer
Basement
Other

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Listing courtesy of Real Broker, LLC. Contact: