2835 GAINESVILLE STREET SE, #102
Washington, DC 20020

2 Beds 1 Full Bath 759 sq ft 19 Days on Market HOA $400.00/yr

Open Houses

Saturday, November 7
12:00 PM to 2:00 PM

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.

Listing Courtesy of: Real Broker, LLC
240-504-5394

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Principal and Interest
Property Taxes 72
HOA Fees 33
Homeowners Insurance 37
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Property Last Updated: November 03, 2026 01:37 AM - ET