4124 AMES STREET NE, #203
Washington, DC 20019
Price Upon Request
INVESTOR ALERT! Immediate Cash Flow | Tenant in Place | Future Rent Upside **Cash purchase only**
Immediate cash flow from day one! Tenant-occupied 2BR/1BA condo generating $1,500/month with a reliable tenant in place through January. Below-market rent offers built-in upside at lease renewal, creating an opportunity to increase future revenue. Recently refreshed interior, assigned off-street parking, private storage, in-unit washer and dryer, secure building, and just minutes to Deanwood Metro. Cash purchase only.
This is an outstanding opportunity for investors seeking immediate income with long-term appreciation potential. Located in a secure, professionally managed 14-unit condominium building, this well-maintained condo offers the ideal combination of stable cash flow and low-maintenance ownership. The current tenant has an excellent payment history, allowing you to purchase with confidence and begin collecting rental income immediately.
Recently refreshed interior features a modern kitchen and renovated bathroom, along with the convenience of an in-unit washer and dryer. Additional value-added amenities include assigned off-street parking, a private storage unit, and a pet-friendly community, helping attract and retain quality tenants. The condo fee includes water, keeping operating expenses more predictable.
Ideally situated just minutes from the Deanwood Metro Station (Orange Line), Metrobus routes, Route 50, I-295, and the Baltimore-Washington Parkway, residents enjoy easy access to Downtown Washington, DC, Capitol Hill, Maryland, and Northern Virginia. Shopping, restaurants, parks, and everyday conveniences are all nearby, supporting strong rental demand in this growing Northeast DC neighborhood.
Whether you're expanding your rental portfolio, completing a 1031 Exchange, or ...
+ Read More
Listing Courtesy of: Real Broker, LLC
301-305-1113
| Listing Id: | DCDC2270570 |
|---|---|
| Property Type: | Residential |
| Status: | Active |
| Bedrooms Total: | 2 |
| Bathrooms Full: | 1 |
| Living Area: | 764 |
| Association Fee: | $465 |
| Tax Annual Amount: | $1,349 |
| Lot Size Square Feet: | 1,036.0 |
| Architectural Style: | Traditional |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Subdivision Name: | Deanwood |
| Postal Code: | 20019 |
| Year Built: | 1963 |
| Listing Agreement: | Exclusive Right |
| Frequency: | Annually |
| Vacation Rental Yn: | No |
| Financing Types: | Cash, Private |
| Client Application Edited Yn: | Yes |
| Mls List Date: | 2026-07-15 |
| Expected On Market Date: | 2026-07-22 |
| Association Amenities: | None |
| Association Fee2: | $476 |
| Association Fee 2 Frequency: | Monthly |
| Association Fee Includes: | All Ground Fee, Common Area Maintenance, Management, Trash, Water |
| Condo Yn: | Yes |
| Association?: | No |
| Association Recreation Fee Yn: | No |
| State Or Province: | DC |
| Postal Code Plus4: | 3363 |
| Legal Subdivision: | Deanwood |
| Possession: | Subject to Existing Lease |
| Directions: | Use Google or Waze |
| School District Key: | 121140357950 |
| Above Grade Finished Area: | 764 |
| Above Grade Finished Area Units: | Square Feet |
| Below Grade Finished Area Source: | Assessor |
| Basement: | Other |
| Bathrooms Total Integer: | 1 |
| Main Level Total Baths: | $1.00 |
| Main Level Bedrooms: | 2 |
| Below Grade Finished Area Units: | Square Feet |
| Cooling: | Central A/C |
| Entry Level: | 1 |
| Construction Materials: | Brick Front |
| Accessibility Features: | None |
| Garage?: | No |
| Heating: | Central |
| Heating?: | Yes |
| Above Grade Finished Area Source: | Assessor |
| Living Area Source: | Assessor |
| Levels: | 1 |
| Other Structures: | Above Grade, Below Grade |
| Year Built Effective: | 2004 |
| Year Built Source: | Estimated |
| Basement Yn: | Yes |
| Cooling Fuel: | Electric |
| Heating Fuel: | Electric |
| Hot Water: | Natural Gas |
| Story Types: | Main |
| Type: | Unit/Flat/Apartment |
| Central Air Yn: | Yes |
| Main Level Full Baths: | 1 |
| Unit Building Type: | Garden 1 - 4 Floors |
| Type Of Parking: | Parking Lot |
| Source Of Measure Bg: | Assessor |
| Area Total: | 764 |
| Source Of Measure: | Assessor |
| Assessment Year: | 2025 |
| In City Limits Yn: | Yes |
| City Town Tax: | $1.00 |
| City Tax Frequency: | Annually |
| County Tax Frequency: | Annually |
| Tax Assessment Amount: | $172,310.00 |
| Tax Total Finished Sq Ft: | 764 |
| Tax Year: | 2025 |
| Zoning: | R-1 |
| Listing Tax: | 5084//2009 |
| Auto Update Tax Data Yn: | Yes |
| Ownership: | Condominium |
| Real Estate Owned Yn: | No |
| Special Listing Conditions: | Standard |
| Pets Allowed: | No Pet Restrictions |
| Pool Types: | No Pool |
| Senior Community?: | No |
| Soil Types: | Chillum-Urban Land Complex |
| Water Access Yn: | No |
| Water Oriented Yn: | No |
| Pets Allowed Yn: | Yes |
| Tidal Water Yn: | No |
| Water View Yn: | No |
| Navigable Water Yn: | No |
| Riparian Rights Yn: | No |
| Sewer: | PrivateSewer |
| Water Source: | Public |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Unit Washer Dryer Hookup Yn: | Yes |
| Short Sales: | No |
| New Construction?: | No |
Copyright 2026 Bright MLS. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Bright MLS. Real estate listings held by brokerage firms other than the owner of this page include the name of the listing broker. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate is prohibited. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Bright MLS data last updated on October 28, 2026 03:42 AM - ET
Property Last Updated: October 28, 2026 03:42 AM - ET
