This 4-unit property is located in the sought-after Marshall Heights neighborhood. This is a great opportunity to supplement your mortgage by living in 1 and renting out the other units or renting all four units for more cash flow. Currently, 3 units are occupied and 1 unit is vacant. All units have similar floor plans and conditions. Show the vacant unit only. DO NOT DISTURB Tenants. Arrangements will be made for interested buyers to see other units during contract negotiations. Long-term tenants. Consistent monthly payments (2 are voucher recipients). All units are individually metered for gas and electricity. Newly installed roof and hot water heaters. Hardwood floor throughout units. Big enclosed backyard for residents to enjoy. Property is very accessible to Benning Road Metro. Great Opportunity for further upgrades to units for more cash flow. Property sold as is. Huge unfinished basement can be converted to Laundry and/or Storage Area for additional income. Great Investment. Opportunity Knocks!!!
ESTATE MOTIVATED An outstanding opportunity to build ones rental portfolio in Washington DC. 4 large 2 bedroom apartments waiting for your vision as to what this location could look like next. This is a completely detached brick building that is vacant and all units are free of any personal property and ready to go. Generous sized lot provides for a significant opportunity. All four units have a similar layout as to the pictures provided. Each unit has 2 bedrooms with closets, living room, dining room kitchen and sleeping porch. The common utilities are housed below the 1st floor sleeping porches. A new WASA water line was run to the bldg in May of 2024.
Here is your rare opportunity to own a well maintained, renovated multi-family building, w/ central HVAC, brand new hot water heater, 4 units (3 vacant units) w/ large rear and front yards, onsite laundry, updated electric, only 1 mile to the Benning Road Metro. There are value ad's with this property as basement has a bathroom, two bonus rooms that can be used as an office or bedrooms. Seller is offering closing assistance with purchase.
***Significant price improvement*** This 6-unit residential multi-family building in Southeast Washington, DC, is a rare gem that offers both immediate cash flow and long-term appreciation potential. With its prime location, well-maintained units, and impressive cap rate, this property is an ideal addition to any real estate portfolio. Donât miss out on this unique opportunity to invest in one of the most stable and lucrative markets in the country. Units have their own forced air heat systems and Hot water heaters as well as separate gas and electric metering. side yard presents the potential for more improvement but the building is performing as it is right now. For more information or to schedule a viewing, contact us today!
CHRISTMAS HAS COME EARLY!!!! THIS IS A BEAUTIFULLY CONSTRUCTED TURN KEY 2 UNIT BUILDING READY TO FOR YOU. PURCHASE TODAY, LEASE TOMORROW, AND WATCH THE RESIDUAL START TO FLOW!!! BOTTOM UNIT IS CURRENTLY LEASED AND OCCUPIED. RENTED FOR $3200/MONTH THROUGH THE HCVP. THERE ARE 3 BRS IN EACH UNIT. LOTS OF WINDOWS TO WELCOME ALL THE NATURAL LIGHT INTO THE OPEN CONCEPT KITCHEN AND LIVING AREA. NEW PLUMBING, NEW HVAC, ALL NEW ELECTRICAL, STAINLESS STEEL APPLIANCES, GRANITE COUNTERS, GLEAMING LAMINATE WOOD FLOORING; LITERALLY NOTHING WAS LEFT UNTOUCHED. THIS PROPERTY IS PERFECT FOR AN OWNER OCCUPANT LOOKING TO LIVE IN ONE UNIT AND RENT OUT THE OTHER OR THE SAVVY INVESTOR WHO WANTS TO HONE IN ON SOME RESIDUAL INCOME IN THE GROWING NATIONS CAPITAL. EITHER WAY THIS PROPERTY WILL NOT LAST. SEIZE THE MOMENT!!! OPPORTUNITY HAS ARRIVED. ****ONLY THE TOP UNIT CAN BE SHOWN!!!!!! BOTTOM UNIT IS OCCUPIED AND TO BE SHOWN ONLY AFTER RATIFIED CONTRACT****
5 unit renovation in progress - estimated delivery June 2024. Unit 1: 604 SF 2 bed, 1 bath; Unit 2: 637 SF 2 bed, 1 bath; Unit 3: 700 SF 2 bed, 1 bath; Unit 4: 732 SF 2 bed, 1 bath; Unit 5: 1163 SF, 3 bed, 2 bath w/ roof deck. 2 off street parking spaces. Estimating $11,500 in monthly rent from finished units. Located 2 blocks from Deanwood metro station.
IGNORE DOM. Previous Contract fell through. Back on the market buyer financing fell through. huge price improvement!!Amazing location not far from two metro stations bus line near by totally remodeled recently. EACH UNIT IS SEPARTELY METERED Well maintained building All four unit have Central AC. UNIT 1 and 2 are handicap accessible. UNIT ONE AND 4 ARE VACANT. All four units have WASHER AND DRYER HOOK UP AND UNIT 3 HAS WASHER AND DRYER. Great tenants unit 2 and 3 are on section 8. YOU HAVE TWO UNITS VACANT U CAN LIVE IN ONE AND RENT THREE OF THEM. Premium title and escrow preferred as they have done work on the property.
Calling all investors; the election is over and it is time to move forward boldly; interest rates are coming down again.! . This lovely, 4-unit, semi-detached property should be your next project! The property receives lots of natural light and is located within a charming community. Development continues along Minnesota Ave. and this property is located near the Minnesota Ave. Metro. Tucked away nearby is Eastland Gardens, with lots of deer, turtles, hawks, eagles and foxes, including current plans to build a pedestrian bridge over the Anacostia River. The community is a yes and this potential project could be your new home; this is a perfect condo conversion project or simply spruce up each unit and maintain the current layout and rent This property is a must see and is vacant; NO TOPA! Opportunity is knocking! Get your contractor and take a look at this stately, end of row, 4-unit building. Zoned R3, which means you can go up to 40 feet (three stories) by right and get up to 70% lot coverage. The property is an end of row, 4-unit with a very large side and rear yard, which you can use to expand the building footprint or a build a parking lot.
4 units, (3) 2-beds, (1) 1- bed. Unit 1 and 2 are vacant
Great Opportunity! Two unit Duplex with the option of buying next door 513 45th St NE to make it a 4 unit building. One vacant & one occupied. Being Sold with an existing tenant in one of the apartments. Good Income producing property. Building is a two unit apartment (1 Bedroom & 1 Bath on each level). Total of 2 Bedrooms & 2 Baths. Lower level unit is vacant and remodeled. New kitchen cabinets, countertop and appliances, new bathroom, new flooring and new paint. Opportunity to live in one apartment and rent the other. Separately Metered Gas & Electric. Legal 2 Unit Bldgs. Not Subject to Rent Control. Conv to shopping, Public Transp (Benning RD & Minn Ave Metro Stations nearby), Park & Biking Trails (1 block).
Great Opportunity! Two unit Duplex with the option of buying next door 515 45th St NE to make it a 4 unit building. One vacant & one occupied. Being Sold with an existing tenant in one of the apartments. Good Income producing property. Building is a two unit apartment (1 Bedroom & 1 Bath on each level). Total of 2 Bedrooms & 2 Baths. Lower level unit is vacant and remodeled. New kitchen cabinets, countertop and appliances, new bathroom, new flooring and new paint. Opportunity to live in one apartment and rent the other. Separately Metered Gas & Electric. Legal 2 Unit Bldgs. Not Subject to Rent Control. Conv to shopping, Public Transp (Benning RD & Minn Ave Metro Stations nearby), Park & Biking Trails (1 block).
The median home value in Washington, DC is $644,900. This is higher than the county median home value of $640,500. The national median home value is $338,100. The average price of homes sold in Washington, DC is $644,900. Approximately 37.39% of Washington homes are owned, compared to 52.68% rented, while 9.93% are vacant. Washington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Washington real estate agent to arrange a tour today!
Washington, District of Columbia 20019 has a population of 683,154. Washington 20019 is more family-centric than the surrounding county with 26.44% of the households containing married families with children. The county average for households married with children is 24.14%.
The median household income in Washington, District of Columbia 20019 is $93,547. The median household income for the surrounding county is $93,547 compared to the national median of $69,021. The median age of people living in Washington 20019 is 34.3 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 26.5 degrees. The average rainfall is approximately 43.3 inches per year, with 13.7 inches of snow per year.