1221 Carrollsburg Place SW Washington, DC $ 1,599,900
1221 Carrollsburg Place SW
$ 1,599,900
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1221 Carrollsburg Place SW

Washington, DC, 20024
$ 1,599,900
Baths0.0

Monthly Estimate*

$ 9,981

1221 Carrollsburg Place SW, Washington, DC 20024 - Image 1
1221 Carrollsburg Place SW, Washington, DC 20024 - Image 2
1221 Carrollsburg Place SW, Washington, DC 20024 - Image 3
Studio Multi-Family Home for sale in Washington, DC for $1,599,900. This home was built in 1909.

Exceptional and separately metered 2-unit property in pristine conditionideal for investors seeking strong rental income and long-term growth. The property features 26-bedroom, 3-bath units that are fully self-contained, each with its own HVAC system and hot water heater and separately metered for electricity. Currently, its 100% leased to Section 8 tenants, making it a steady income producer. Located in a rapidly developing neighborhood with plenty of new construction, this investment is poised to grow in value. Buyers must provide proof of funds or a lender letter. TOPA hasnt been issued, and leases, CofO, and P&L will be available during the study period.

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Multi-Family Active

Price

$ 1,599,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,251

Style

Contemporary

Year Built

1909

Town/City

Washington

County/Region

WASHINGTON

MLS | Web ID

DCDC2233722

Features
General
Living Area 3500
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession 31-60 Days CD Subject to Existing Lease
Roof Built-Up
Appliances Built-In Microwave Dishwasher Disposal Dryer Exhaust Fan Range Hood Refrigerator Stove Washer Water Heater
Zoning RF-1
Architectural Style Contemporary
Security Features Carbon Monoxide Detector(s) Smoke Detector
Construction Materials Brick
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Year Built 1909
Property Subtype Duplex
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Gross Income 158735.00
Accessibility None
County WASHINGTON
Net Operating Income 119000.00
Operating Expense 39684.00
Insurance Expense 4435.00
New Construction N
Property Type Multi-Family
MaintenanceExpense 5188.00
Subdivision Name SOUTH WEST
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions Take M Street to Carrollsburg Place. Carrollsburg is one-way from M Street to Street. Then house is on the right.
City WASHINGTON
Disclosures House Code - Inspected House Code - L&I Approval House Code - Current License Lead Based Paint - Federal Lead Based Paint - State Prop Disclosure Under Lease
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 0.00
Number of Units Leased 1
Tax Annual Amount 6251.0
Home Warranty Y/N N
Property Condition Good
Trash Expense 0.00
Two Bedroom 0
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 457.11
Acceptable Financing Cash Conventional
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type None
Standard Status Active
Year Built Source Estimated
Total Actual Rent 158736.00
Cap Rate 7.40
Association Recreation Fee N
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Interior
Heating Fuel Natural Gas
Hot Water Electric
Furnished Units None
Basement (Y/N) N
Heating Y/N Y
Window Features Double Hung Double Pane
Fireplace Y/N N
Central Air Y/N Y
Laundry Type Has Laundry Dryer In Unit Washer In Unit
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Block
Spa N
Water View Y/N N
Lot Size Acres 0.00
Lot Size Source Estimated
Waterfront Y/N N
Door Features Insulated
Pool Charge 0.00
Soil Types Urban Land-Sassafras-Chillum
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1221
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* Excluded Features
List By
Long & Foster Real Estate, Inc.

Broker

samuel@lnf.com

Email

Affordability Calculator

$10,502
Per Month
95%
5%
0%
Monthly Principal & Interest
$9,981
Monthly Property Taxes
$521
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533234 Elementary School
3533273 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/4/2025$1,599,900 Listed Price

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1221 Carrollsburg Place SW, Washington, DC, 20024 is a Multi-Family Home for sale at $1,599,900. 1221 Carrollsburg Place SW is a studio with 0.0 baths and was built in 1909. The property's zip code is 20024 which is in Washington, DC