Looking for house with good rental income from basement (budget upto 800K)

Asked by Jatin, 22041 Sat Dec 5, 2009

Can someone help me find a perfect house where I can rent the basement for rent of $1500 to $2000. I also want to have as much privacy as possible (like a separate entrace from back/side to the basement). I want to be close to DC and peublic transportation (to get good rent). I've been looking at lot of listings for a while but still can't find the perfect one...so maybe I'll have to custom build something! ? Greatly appreciate any any suggestions or if you're agent...pls let me know if you know of listings that will exactly suit my criteria...many thanks.

--
This question is about this property: http://www.trulia.com/property/45347293-3024-Military-Rd-NW-…

Help the community by answering this question:

+ web reference
Web reference:

Answers

5
Nora Burke, Agent, Washington, DC
Mon Dec 7, 2009
Hi Jatin, I am getting ready to list a two unit building on Capitol Hill that may suit your needs. The scond floor unit has two bedrooms and two full baths. The lower unit, which is actually a two level unit (1st fl and basement) has three bedrooms, three baths plus a den. The entire property has been completely renovated. We expect that lower unit would get around $3000 per month. Price will be under $800,000. Great Hill location lcose to Union Station and Eastern Market.

Nora Burke
McEnearney Realtors
202-494-1906
0 votes
Howard Whang, Agent, Vienna, VA
Sun Dec 6, 2009
Jatin,
It will be tough to find a house whose basement could be rented for $1500. If the purpose of rent income is for investment, you should look into buying a discounted house or townhouse in this market. Rent is becoming competitive. I hope this helps.
0 votes
Mark Meyerdi…, Agent, Washington, DC
Sat Dec 5, 2009
Jatin,
If you're not presently working with an Agent, I'd be happy to assist you. I've run a preliminary search of rowhomes with English Basement apartments. Follow this link to view the listings:

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?ID=34…

Let me know if you're interested in viewing any of these.
0 votes
Evan Johnson, Agent, Washington, DC
Sat Dec 5, 2009
Good Day Jatin,

1019 Otis will be ready for sale March 1st. This historic facade DC row house will be stunning inside with the owner's unit having 3 levels, 4 bedrooms and 2.5 baths. The lower level rental has 1 bedroom, 1 full bath with sep. washer/dryer and front and rear entrances. Rooftop deck, 2 car garage w/ deck over and additional street parking. Take a look at http://www.1349v.com for sample finishes of O.C. Development. This new home will be priced below 800K and is close to Metro.

Cheers,

Evan Johnson
Coldwell Banker Residential Brokerage
202-536-3092
evan@evanjohnson.com
Web Reference:  http://www.evanjohnson.com
0 votes
Jason Skipwo…, Agent, Washington, DC
Sat Dec 5, 2009
Hi Jatin,

As a Real Estate Agent, I would be happy to discuss with you further, to help you find the perfect home. It doesn't sound like you are currently working with an Agent. If not, then I would be happy to represent you in your potential home search/purchase. Please let me know so we can take the next steps.

Thanks,
Jason
0 votes
Search Advice
Search
Ask our community a question

Email me when…

Learn more