Washington DC Multi Family for Sale
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1929
- Baths:
- MLS#:
- DCDC2162178
- Subdivision:
- Anacostia
ADDITIONAL INFORMATION
INVESTMENT OPPORTUNITY!!! Looking to enhance your rental portfolio? Discover the potential of this 4-unit, 1-bedroom, 1-bathroom quadruplex in Anacostia. This property is ideal for investors seeking cash flow or developers eyeing a condo conversion, with potential rents of $1,500 per month per unit. Conveniently located near the upcoming Anacostia Arts & Business District and I-295, this property is being sold as-is. There is ample space for expansion, allowing for increased rental potential. Additionally, the property holds a Certificate of Occupancy as a four-unit building, ensuring compliance and legal status. This is a perfect opportunity for creative redevelopment or renovation to meet diverse investment goals. Donât miss your chance to unlock value in a growing area!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 2021
- Baths:
- MLS#:
- DCDC2162120
- Subdivision:
- Deanwood
ADDITIONAL INFORMATION
Introducing a turnkey investment property in the heart of Northeast Washington. This newly constructed duplex offers a fantastic opportunity to generate steady rental income. Property Highlights: Fully Occupied: Both units are currently leased, providing immediate cash flow. Income-Producing: The duplex generates a total monthly rental income of $5,036. Assumable FHA Mortgage: Benefit from an attractive 3.624% interest rate on the existing mortgage. Prime Location: Located in a desirable neighborhood with excellent access to amenities and transportation. Unit Details: Unit #1 (Lower Levels): 4 bedrooms, 3 bathrooms, renting for $1,736 per month. Unit #2 (Upper Levels): 4 bedrooms + den (can be used as a bedroom), 3 bathrooms, renting for $3,300 per month. Investment Potential: Steady Rental Income: Enjoy consistent cash flow from both units. Appreciation: Benefit from the potential for property value appreciation in the Northeast Washington market. Tax Advantages: Explore potential tax benefits associated with owning rental property. Seller's Terms: Seller Prefers Worldwide Settlements: Please be prepared to close the transaction using a worldwide settlement company. Don't miss this opportunity to invest in a prime piece of real estate in Washington, DC. House is being sold AS-IS.
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- DCDC2162870
ADDITIONAL INFORMATION
Once every couple decades a tall front gardened VINTAGE box bay VICTORIAN from the late 19th c. comes to market. Here are four self-contained units, each with fireplace, clothes washer, externally vented clothes dryer and range hood, individual unit gas heat and electric air conditioning : 1 two(2) Bedroom with one bath and a dishwasher., 3 one (1) Bedroom with one bath , one of which has a walled private terrace with high garden gatefor privacy and easy biker or guest party entry, to walking alley. Tenants in #1,3 &4 are all month to month, # 2 just vacated and is being held vacant for showings . When fully rented monthly income for 2024 = $9100. Premier location midway between Eastern Market and Union Station Metros across from a delightfully maintained pocket park and backing to the Verizon (Block long singly manned) building easing parking pressure and show casing a beautifully bricked alley with unusual, converted carriage houses. This is a truly a gem in the crown of Capitol Hill just blocks from all the urban village delights markets, shopping, restaurants, services as well as the Supreme Court, Library of Congress, congressional offices, Federal Agencies and always the Smithsonian surrounded Mall. 1031's are welcomed and renting just available #2 while awaiting timetable to close will be considered. !AGENT OWNER!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1941
- Baths:
- MLS#:
- DCDC2161672
ADDITIONAL INFORMATION
PRICE REDUCED, MOTIVATED SELLER. Low-maintenance 4-unit multifamily property in Deanwood, NE. This recently updated property features two 2 BR/1 BA units and two 1 BR/1 BA + Den units that live like two bedrooms, making it an ideal, reliable, and stable investment opportunity for a buy and hold and/or 1031 exchange investor. With strong rental demand in the area, this building has solid income and room for value-add improvements. Donât miss your chance to capitalize on this multifamily property and grow your portfolio!
$1,249,900
332 11TH Street SE Washington, DC 20003
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1908
- Baths:
- MLS#:
- DCDC2161188
- Subdivision:
- Capitol Hill
ADDITIONAL INFORMATION
For Sale: Prime Investment Opportunity in Capitol Hill- A savvy investment in the heart of Capitol Hill! Whether you're a buyer looking to live in one unit and rent the others, or a full-time investor seeking a strong rental property, 332 11th St SE offers a fantastic opportunity. Rent all three units or occupy one and let the rental income cover your mortgage! Originally converted in 2010-2011, this townhome was meticulously transformed into three stylish, fully modernized one-bedroom apartments, all while maintaining the buildingâs original architectural charm. Prime Location â Capitol Hill â¢
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1914
- Baths:
- MLS#:
- DCDC2161864
- Subdivision:
- Columbia Heights
ADDITIONAL INFORMATION
House Hackers Dream! The is the lowest priced multi-family home in NW DC right now! Upper unit is a 2 bed 1 bath unit with 3 private exterior spaces - 2nd floor balcony, amazing roof deck & a front porch. Kitchen and bathroom recently renovated. Lower unit is a full-light lower level studio space with kitchenette & full bathroom. Utility room is separate/accessible by both units. Lower level has access to a shared fenced rear patio. Current owner used lower level as short term rental (w/ license). Perfect use case for visiting University family (Catholic U, Howard U, and Trinity U all within a mile), travel medical staff (Washington Hospital Center, Childrens Hospital, VA, and National Rehab hospital all .5 miles away). Easy to live in upper level & rent out lower level, or get an C of O and rent out both.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- DCDC2161846
ADDITIONAL INFORMATION
Presenting a rare opportunity for savvy investors: a 2-unit, income-generating property strategically located in the heart of prime Capitol Hill. Unit #1 boasts a generously-sized one bedroom, one bathroom layout, spanning nearly 800 sq ft. On the top floor, Unit #2 offers two bedrooms, one bath, and a charming deck for outdoor relaxation. Outside, residents can enjoy the balcony or private patio with a fenced yard, and potential parking adds to the property's convenience. Each unit is separately metered, equipped with in-unit washers and dryers, gas appliances, and individual central HVAC systems. Whether you're looking for a steady income stream or a strategic real estate investment, this property presents limitless potential. Schedule a private showing today to explore the unmatched opportunities offered by this prime Capitol Hill residence.
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1926
- Baths:
- MLS#:
- DCDC2161842
- Subdivision:
- Fort Dupont Park
ADDITIONAL INFORMATION
Rental Income Potential up to 6000.00 monthly Seller open to adding a second kitchen in the basement SELLER OPEN TO PROVIDING CLOSING COST HELP, OR HELP WITH A RATE BUY-DOWN, DON'T MISS THIS OPPORTUNITY TO OWN IN THE NATIONS CAPITAL! Introducing 4412 Bowen Road Southeast, an exceptional residence that offers a modern and spacious living experience. Boasting 6 bedrooms and 3 bathrooms spread across 2800 square feet, this home provides ample space for comfortable living. The interior exudes a smart and contemporary feel, featuring luxury vinyl flooring, recessed lights, and an abundance of natural light throughout. The kitchen is a chef's dream, equipped with stainless steel appliances and elegant quartz countertops, perfect for both meal preparation and casual dining. The property also includes a spacious basement, offering great potential for a variety of uses, from a separate living area to a play area. Outside, the large yard provides a wonderful space for outdoor activities and relaxation. With 5 car parking spaces on the lot, convenience is at the forefront. Additionally, the inclusion of a washer and dryer adds further modern convenience to this already impressive home. With new systems throughout (hot water heater, hvac, etc.), this residence presents a unique opportunity to own a contemporary gem in a sought-after location. Don't miss the chance to make this modern oasis your own.
$1,220,900
521 17TH Street NE Washington, DC 20002
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- DCDC2161828
- Subdivision:
- Kingman Park
ADDITIONAL INFORMATION
LOCATION, LOCATION, LOCATION Don't miss this opportunity. This charming Four - 1 Bedroom, 1 Bathroom Unit investment property is back on the market with fresh updates. This investment property has been well maintained and is ready to generate income for the owner-occupant, investor or developer! It features stainless steel appliances, jacuzzi tub and contemporary washer/dryer combo units. Walking distance to the H Street Entertainment Corridor, Capitol Hill, Metro and shopping. Located adjacent to a beautiful multi-million dollar renovated recreation center with a pool, exercise room, athletic field, playground and Library. Don't miss this great investment opportunity.
$3,250,000
1711 Riggs Place NW Washington, DC 20009
- Type:
- Townhouse
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1895
- Baths:
- MLS#:
- DCDC2161326
ADDITIONAL INFORMATION
Welcome to this rare multi-family row-home, situated on one of the most picturesque blocks in Dupont Circle. This charming 4-level Victorian boasts 3 beautifully renovated apartments, combining classic architecture with modern comforts. With 3,692 sq ft of living space, each unit is thoughtfully designed, spacious, and collectively generates $150,000 in annual income. The recently renovated English basement unit features a stylish blend of exposed brick and contemporary finishes. This 1-bedroom apartment offers a washer/dryer, a large walk-in closet, a newly updated kitchen, a Waterworks bathroom, and ample natural light. Currently rented for $2,500/month. Unit 2, located on the main level, greets you with a stunning picture window overlooking Riggs Place, a cozy fireplace, eat-in kitchen, dining area, 2 bedrooms, full bath, and a powder room. This unit is currently rented at $4,600/month. Unit 3, the owner's penthouse, is flooded with natural light through bayfront windows that overlook the tree-lined street. The living room features a fireplace, while the updated kitchen leads upstairs to 2 bedrooms, a home office/zoom room, and a rooftop deck perfect for cool fall evenings. The primary bedroom boasts a cozy loft, and the luxurious bathroom is a true retreat with floor-to-ceiling marble, Waterworks fixtures, dual shower heads, and a steam room. This unit is rented at $5,400/month. The property also includes two off-street parking spacesâa rare find in this prime location. Just a few blocks from Dupont Circle, Adams Morgan, 14th Street, the Metro, and the weekend Farmer's Market, you'll have easy access to a wide selection of restaurants and grocery stores. Plus, it's just one block from the popular S Street Dog Park. This property is an ideal opportunity for both an end-user, and investors. The possibilities are endless: rent out all units, use Airbnb, or live in the penthouse while generating income from the other apartments. Don't miss out on this exceptional investment in the heart of Dupont!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- DCDC2160812
ADDITIONAL INFORMATION
VACANT 2-unit. NO TOPA . Zoning allows a building Hights of 50 ft, unlock the potential of a unique opportunity in this thriving area that has witnessed drastic developments. The property is positioned few blocks from DC Streetcar, providing easy access to the city Please contact listing agent with all the questions
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- DCDC2158872
ADDITIONAL INFORMATION
*** Prime Investment Opportunity in the Trinidad neighborhood in Washington, DC *** Discover this exceptional recently updated four-unit building in the heart of Washington, DC, featuring four spacious one-bedroom units with hardwood floors throughout. Each unit includes a galley kitchen, living room, one bed-room and a rear entrance. Separate utilities with the exception of water, makes management easy. Apt 1 has been recently renovated with new appliances, updated kitchen and bathroom. Apt 3 was also fully renovated two years ago. This property offers versatile optionsâlive in one unit while renting out the others, or consider expanding into a larger condominium complex. Currently, three units are occupied on a month-to-month basis, and one is vacant and ready for immediate occupancy. Conveniently located just a two-minute walk from Aldi and Safeway, as well as a variety of shops and restaurants, this property is perfect for urban living. The nearby DC Trolley, only three minutes away, provides quick access to Union Station and the US Senate in just 14 minutes. Plus, the vibrant H Street Corridor, known for its entertainment, dining, and cultural events, is a short stroll away. Donât miss this incredible opportunity to invest in a valuable piece of Washington, DC real estate. Act now to make thisÂpropertyÂyours!
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- DCDC2160532
ADDITIONAL INFORMATION
Great investment opportunity in Hillbrook. Welcome to this well-maintained four-unit building. All 4 units have 2 bedrooms and 1 bath, three of which has their own washer and dryer. Private parking for up to 4 cars. Separately metered. Two of the units have been recently renovated. Conveniently located near Minnesota Ave. Metro, 295 and other major arteries, making it convenient to downtown DC, Maryland, and Virginia.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1916
- Baths:
- MLS#:
- DCDC2161046
- Subdivision:
- Columbia Heights
ADDITIONAL INFORMATION
Incredible development opportunity! Single with double width. The previous building has been fully demolished and only the front facade remains. This is an ideal opportunity for a high-end, two-unit condominium, each home with a separate entry. Plans are drafted for a three-level structure featuring two spacious 2 BR + 2 BA with two parking spaces. The process of obtaining permits is underway. Contact the listing agent for more information, plans, renderings, and status information.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1938
- Baths:
- MLS#:
- DCDC2158670
ADDITIONAL INFORMATION
ATTENTION; ASUMABLE LOAN AT 2.75% !!! Disregard the asking price and concentrate on the savings, FIRST-TIME HOME BUYERS CAN ASSUME THE EXISTING $779,285 PRINCIPAL AT A 2.75% INTEREST RATE AND MONTHLY PITI OF $4,839.91 PER MONTH Welcoming 4 unit Multi Family property located in beautiful Fairlawn Community in Southeast Washington DC! This truly is a great investment opportunity with potential for immediate cash flow as all 4 units are currently occupied. All units are 2 bedrooms and 1 bathroom and have similar floor plans. A spacious living room with hardwood flooring throughout. A one wall style kitchen that includes a dishwasher, refrigerator, stove, and ample cabinet/counter space. A rear den room perfect for a home office or recreation room. There are also convenient, washer and dryer hookups in every unit. Easy access to commuter routes Minnesota Ave SE, SR-295, & I-695 and metro/bus routes close by. Enjoy the Anacostia River views, Anacostia Recreation Center, and park near-by. Other points of interests are Joint Base Anacostia-Bolling, Washington Navy Yard, and Nationals Park! Donât wait and miss out on this amazing opportunity, it wonât last long. Book your showing online today!
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1931
- Baths:
- MLS#:
- DCDC2159650
- Subdivision:
- Trinidad
ADDITIONAL INFORMATION
Value add Quadruplex - 100% occupied - 2-two bedrooms /one bath * 2-one bedrooms/one bath - month-month tenants - below market rents -
$1,100,000
511 16TH Street SE Washington, DC 20003
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1908
- Baths:
- MLS#:
- DCDC2158410
ADDITIONAL INFORMATION
Four units located just off of Potomac ave. Steps from the Potomac Ave metro station. Featuring one vacant unit, perfect for an owner occupant. RF-1 zoning.
$1,600,000
1613 Lincoln Road NE Washington, DC 20002
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1905
- Baths:
- MLS#:
- DCDC2159242
- Subdivision:
- Eckington
ADDITIONAL INFORMATION
Great investment opportunity in Eckington. Multi Family zoned MU-4, 4 Bedrooms and 4 bathrooms. Contains 2,678 sq ft. Showing by appointment only.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1936
- Baths:
- MLS#:
- DCDC2157274
ADDITIONAL INFORMATION
Well maintained 3 units with sturdy brick exterior! Each unit has one bedroom, one full bathroom, kitchen and eating area, spacious living room with hardwood floor, and a large enclosed back porch. Move in ready! Walk to shops, restaurants, and Walmart Supercenter. Public transportation and Metro near by. Please call owner for showing. Owner lives on premise and works from home. Showings around noon time or after 5pm are better for Owner, but she will accommodate other times listed on showing times.
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- DCDC2158866
ADDITIONAL INFORMATION
Charming Quadruplex in vibrant Congress Heights â Perfect Investment Opportunity! Welcome to 735 Alabama Ave SE, a beautifully renovated quadruplex nestled in the up-and-coming Congress Heights neighborhood. This property boasts four 1-bedroom, 1-bath units, 3 rented and cash-flowing with several long-term tenants in place. This offers the flexibility for a new owner to occupy one unit and benefit from the income generated from the other 3. A value-add opportunity Key highlights of this property include a full renovation completed in 2013, featuring modern upgrades such as new plumbing, electrical, and HVAC systems in two units. The renovation also covered gas lines, the main sewage line, new siding, a roof, and updated flooring, making this a hassle-free investment with minimal maintenance needs. With over 3,400 sqft of living space, each unit offers a comfortable layout perfect for tenants seeking cozy, low-maintenance living. The property also includes three parking spots at the rear, a rare find in this sought-after area. Don't miss out on this income-generating opportunity with the potential for an owner-occupant arrangement, all while benefiting from the growth of Congress Heights.
$1,995,000
1835 Mintwood Place NW Washington, DC 20009
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- DCDC2156660
ADDITIONAL INFORMATION
Discover this exceptional 4-unit building located in the prime Adams Morgan neighborhood of DC. The property features two 3-bedroom and two 1-bedroom units, each boasting granite countertops, stainless steel appliances, hardwood floors, a cozy fireplace, a washer/dryer, and a dishwasher, with central air conditioning for year-round comfort. The building also includes a balcony and offers two-car parking, with tenants responsible for all utilities. Viewings are available by appointment only with a minimum of 24 hours' notice. Lease expiring in December with an option to renew. This property is TOPA exempt.
$1,250,000
6232 Georgia Avenue NW Washington, DC 20011
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1927
- Baths:
- MLS#:
- DCDC2158170
ADDITIONAL INFORMATION
Excellent investment opportunity to own a mixed-use property in the rapidly growing Brightwood submarket in NW Washington D.C., just one mile from the coming Parks at Walter Reed Development. The property features 1,140 square feet of leasable retail space below, with a separate front entrance for 2,605 square feet of residential space above (currently 4 units). The propertyâs favorable MU-4 zoning will allow you to execute a condo conversion easily. Reach out today to learn more about this rare investment opportunity!
$3,000,000
424 Missouri Avenue NW Washington, DC 20011
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 2023
- Baths:
- MLS#:
- DCDC2158544
ADDITIONAL INFORMATION
This multi-family property, offers a unique and impressive opportunity. Everything is New! There's so much income-generating potential here â traveling Nurses, traditional rentals, AirBNB opportunities. Don't miss out on the chance to make it yours! Stunning Luxury penthouse units featuring two Large private Rooftop Deck, the lower units have private patios. Each unit has smart home technology. You'll appreciate the attention to detail in the building's construction, from the high-quality materials used to the expert craftsmanship throughout. Inside you'll find 4 spacious units. Each unit has 2 levels and has 3 bedrooms. Each unit features an open concept living and dining area that flows seamlessly into a modern kitchen, complete with top-of-the-line stainless steel appliances and quartz countertops. Two units includes rooftop decks. Units feature high ceilings, hardwood floors, and large windows that offer stunning views. Located in the heart of Washington DC, offers easy access to everything the city has to offer, including restaurants, shopping, and entertainment. This is a once-in-a-lifetime opportunity to own a truly exceptional property in one of DC's most sought-after neighborhoods. Don't miss out on this rare opportunity â schedule your showing today! 4 separately deeded Parking Spaces included. Please schedule showings via showing-time online.
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1939
- Baths:
- MLS#:
- DCDC2158494
- Subdivision:
- Randle Heights
ADDITIONAL INFORMATION
Limitless possibilities for the lucky future homeowner of this fully renovated, fully vacant, duplex; each unit featuring 2 expansive bedrooms in the sought after quiet neighborhood of Randall Heights. The meticulous owner invested in a new roof, fully paid for solar panels that generate approximately $3,000 in SREC cashflow in addition to lower electric bills, and many other high end qualities that makes this home turn-key ready for a homeowner or investor alike. Each unit, separately metered, with an active 2-unit C of O and BBL, has updated hardwood floors, updated kitchens and bathrooms, and access to a deep private backyard which offers a world of options to enjoy the outdoors, or expand the footprint of the house. In close proximity to historic Anacostia, numerous bus lines, yet on a quiet residential street, the best of urban livng and peaceful enjoyment both inside and out makes this the best of urban living.
$1,200,000
325 V Street NE Washington, DC 20002
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- DCDC2157870
- Subdivision:
- Eckington
ADDITIONAL INFORMATION
**Investment Opportunity in Eckington, DC** Seize this rare chance to invest in the highly desirable Eckington neighborhood with this recently updated two-unit building, featuring a total of 8 bedrooms and 3 full baths. Boasting stunning hardwood floors and brand-new appliances, this property harmoniously blends classic charm with modern comfort. Perfectly located within walking distance of McKinley Tech High School, Howard University, and the vibrant Union Market, this building offers exceptional convenience. It comes with an approved certificate of occupancy and is fully rent-ready, making it ideal for both investors and homeowners. The financial potential is impressive, with proformas indicating a possible gross revenue of over $102,000 annually, providing an attractive cap rate when fully rented. If you decide to occupy the upper unit and rent out the lower unit, you can still anticipate a solid annual minimum rental income of $60,600, translating to $5,050 per month (with potential increases once current tenants vacate in January 2025). Whether your goal is to generate significant passive income or to live in one unit while renting out the other, this property presents endless possibilities for financial growth. Donât miss your chance to secure a prime investment for your future. Please note that Unit #1 is currently occupied and requires 48 hours' notice for showings. Contact the listing agent for all showing requests.
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Washington Real Estate
The median home value in Washington, DC is $650,000. 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 $650,000. 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 has a population of 683,154. Washington is less family-centric than the surrounding county with 24.14% 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 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 is 34.3 years.
Washington Weather
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.