Property Description
Welcome to 212 Oakwood St SE, Apt 218 — a well-positioned condominium offering affordability, convenience, and long-term value in the heart of Southeast Washington, DC. This residence is ideal for buyers seeking low-maintenance living with predictable monthly costs, as well as investors looking for a stable, income-producing asset in a rental-friendly market.
Functional Living Paired with HOA Convenience
This thoughtfully designed unit features a practical layout that maximizes both comfort and usability. The living area is filled with natural light, creating a warm and inviting environment. The kitchen offers efficient workspace and storage, while the bedroom(s) provide a comfortable retreat with adequate closet space.
The condominium association enhances the ownership experience by handling many exterior and community responsibilities. HOA dues typically cover services such as building maintenance, common area upkeep, water, trash, and in some cases additional utilities (to be confirmed by buyer)—allowing for simplified budgeting and reduced day-to-day management.
Located near major commuter routes and public transportation, this property offers easy access to downtown DC, Joint Base Anacostia-Bolling, and surrounding employment hubs. Nearby shopping centers, restaurants, and neighborhood conveniences further support both owner-occupants and tenants.
Investor Opportunity: Strong Rental Demand & Scalable Returns
For investors, this property presents a compelling entry point into the DC rental market with relatively low acquisition cost and consistent tenant demand.
Estimated Rental Range:
Comparable units in the area typically lease between $1,200 – $1,600/month, depending on condition, updates, and amenities.
Projected Financial Snapshot (Illustrative):
Estimated Monthly Rent: $1,400
Estimated Annual Rent: $16,800
Expense Considerations:
HOA Fees: (Buyer to verify; estimated range common for similar condos: $400–$700/month depending on inclusions)
Property Taxes & Insurance: To be confirmed
Cap Rate Insight (Example Scenario):
With conservative assumptions, investors may see cap rates in the ~5%–7% range, with upside potential through strategic improvements or optimized tenant placement.
Investment Strengths:
- Lower price point relative to broader DC market
- Consistent rental demand from workforce tenants
- HOA-managed exterior reduces maintenance burden
- Accessible location near employment centers and transit
- Opportunity to improve value through light cosmetic updates
Contact Khari G by calling or texting (202) 487-3745 to receive a complete investment analysis on this property