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Good Deal or Not? “Move into one unit and rent out the others” edition

by Prince Of Petworth January 2, 2014 at 1:00 pm 27 Comments

1815 16th Street Northwest

This house is located at 1815 16th Street, Northwest:


The listing says:

“Grand Victorian with 3 2-bedroom rental units with high end kitchens and bathrooms, virtually never vacant. Leases on month-to-month basis. Move into one unit and rent out the others to pay your mortgage!”

You can see a virtual tour here.

This 5 bed/4.5 bath is going for $1,599,000.


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