VACANT 4-Unit multifamily property. NO TOPA!
**This home is eligible for a $10k Welcome Home GRANT toward an eligible buyer's down payment. This is what you've been waiting for as your start to build wealth in the developing neighborhood of Deanwood. This property is investor friendly or for a first-time homebuyer. This is an opportunity to buy a cash flowing property with room to increase the value as the neighborhood progresses. The top unit and building hallway has just been updated and ready to rent or move into as the owner, while the other units pay your mortgage. The property can bring in $4,560 a month fully occupied. TOPA process is complete. All offers will be considered.
SEEKING BACKUP OFFERS - 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.
208 T St NE offers an incredible opportunity to own a four-unit building in one of DC's most sought-after neighborhoods รข Eckington. This prime location provides residents with the best of both worlds: tranquil, tree-lined streets and easy access to the city's vibrant amenities. Beyond the property's boundaries, you'll find a wealth of attractions just blocks away. The neighborhood boasts locally-owned grocery stores and restaurants, offering a diverse food and dining experience. Within minutes, you can savor the best rigatoni in DC at The Red Hen. Street parking is always available, and a prestigious STEM magnet school is conveniently located less than a block away. This remarkable quadplex promises a worry-free lifestyle in DC. It features two furnished units with rents that consistently exceed the market rate. The impeccably renovated four-unit property is situated in a prime downtown DC location, ensuring great income potential and significant equity growth. Each unit is equipped with its own central AC and heat, as well as in-unit washers and dryers, making it a hassle-free, turnkey investment. The kitchens in each unit boast granite countertops and stainless steel appliances, adding a touch of modern elegance. Additionally, the two top-level units have high ceilings, enhancing their spacious feel. Each unit is thoughtfully designed with one bedroom and one bathroom, ensuring comfort and functionality for tenants. You have the flexibility to either invest immediately or live in one unit while renting out the other three. Currently, two units are rented as short-term rentals, one unit is owner-occupied, and one unit is occupied by a tenant. This setup provides a unique opportunity to tailor your investment according to your goals. While the units are typically always occupied, the seller has left two units as short term rentals/vacant to offer additional flexibility. Be sure to check zoning for potential add-on possibilities as well. Opportunities like this are rare in DC, making this property a must-see. Enjoy the benefits of living in one unit while renting out the others, all in an incomparable location. 208 T St NE is more than just a property; it's a gateway to experiencing the best of DC living.
NEW LISTING - Charming Two Unit Residential Home with strong annual income at an Amazing Capitol HILL location In-bounds for Maury Elementary and walking distance to Metro, Trolley, Langston Links, Lincoln Park, Fields at RFK, Bike Trails and More! Run the numbers, this one works as a lucrative long term investment with good cash-flow and asset diversification! Well-maintained building on a deep lot with private outdoor space and possible parking, plus in-unit laundry in each unit, newer double pane windows, efficient radiator heating, upgraded kitchen (lower unit), refurbished classic kitchen (upper unit), and refinished hardwood floors throughout! Certificate of Occupancy, Separately Metered. Call Today, Schedule Your Private Tour!
Turnkey rental opportunity in Trinidad! Building is undergoing a full renovation and conversion to five units. Finished property to consist of approximately 4,700 gross square feet over three floors with a cellar, a penthouse, and two off-street parking spaces. Project to be delivered fully completed with C of O for turnkey investment! Two bedroom voucher rents in the zip code are $3,087/month per AffordableHousing.com. Pro forma 6.7% cap at the purchase price.
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.
Multi-Family investment opportunity in the heart of the emerging Union Market / Trinidad development. This 4-unit building uniquely spans 1520, 1522 and 1524 Queen Street NE on one of the quietest blocks in Trinidad. Each of the buildings 4 units is over 600 square feet and have Central Air Conditioning. Two of the units convey with parking. The prior owner used one of the units as their personal residence and the building has been exceptionally well managed which presents a unique opportunity for a thoughtful owner-occupant/investor to live in one of the units while the income from the other rentals cover the cost of ownership. The South facing building is semi-detached which floods each apartment natural light while also creating options for future development and vertical expansion.
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Friday, October 4th and ends Wednesday, October 9, 2024 at 12:00pm. A great opportunity to purchase an end-of-row brick apartment townhouse building with 4 units. All units are currently vacant. Description: The building has 2 units on both levels 1 & 2. There is a fire escape stairs in the back of the building from units 3 & 4. Both main level units have a short walk-down to the backyard. There are enclosed porches in the rear of all the units. There are 5 electric meter; 1 electric meter is for each unit and 1 for the common area. There is a lower level. Unit Description: Each unit has a living area, 1 bedroom, a full bath and a kitchen. In each unit there is a hot water heater, a heating system and central A/C. Location: The property has a convenient location near the MD/DC line. There is plenty of dining, shopping, schools, recreational facilities, and access to transportation routes. Roadways nearby include I-495, I-295, Suitland Parkway and more. The Ronald Reagan Washington National Airport is across the Potomac River. Zoning: The property is zone RA-1 according to the DC zoning map. Per the DC Zoning Handbook, the purpose of the RA-1 are to Permit flexibility of design by permitting all types of urban residential development if they conform to the height, density, and area requirements established for these districts; an Permit the construction of those institutional and semi-public buildings that would be compatible with adjoining residential uses and that are excluded from the more restrictive residential zones. The RA-1 zone provides for areas predominantly developed with low- to moderate-density development, including detached dwellings, rowhouses, and low-rise apartments. Note: furniture and washer/dryer will be removed before settlement.
Welcome to 1324 Bryant St NE, a well-maintained four-unit building in the vibrant Brentwood community. All units are one bedroom, one bathroom with a den that could be converted to a second bedroom. Each unit includes a spacious living room, separate dining room, and galley kitchen. Expansive backyard and off street parking in the rear. Walking distance to Rhode Island Avenue Metro Station, shopping and dining. This income producing property is a great opportunity for all investors! Schedule a tour today!
***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. Donรขt 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!
This multi-family property presents an excellent investment opportunity in the vibrant neighborhood of Mount Pleasant, DC. Comprising a total of six units, the building consists of five large efficient and functional studio apartments, ideal for young professionals or students seeking a comfortable living space in a prime location. Additionally, there is one generously-sized large, loft style one bedroom unit, perfect for an individual seeking more space and privacy. Currently with leased tenants with rental income accruing $8000 total. Prime location in Mount Pleasant, known for its eclectic mix of dining, shopping, and cultural attractions. Well-maintained building with potential for value-add improvements. Stable rental history with strong tenant demand. Close proximity to public transportation, parks, and major thoroughfares. Don't miss out on owning a piece of Mount Pleasant's dynamic real estate market. Schedule a viewing and explore the potential of this multi-family investment property!
Price Adjustment on this 4-Plex in the heart of Hill Crest. Prime opportunity for an owner-occupant to live virtually free and house hack to add value or that investor looking to add to their investment portfolio. Ask me how you can buy this home for little to no money. Do not miss your opportunity to own a piece of DC.
Shovel-ready project in Glover Park! Existing four-unit structure delivered with full permits and plans for four large units ideal for condo sale. Both lower level and upper-level units are permitted for 1050รข1150 square-foot multi-level units with a combined square footage of 4,354. Units will include gourmet kitchens with large kitchen islands and expansive living spaces. Upper units will feature private rooftop decks and lower units include den/office/flex space. Seller is open to joint venture and creative deal structuring with buyers/developers. The projected sales price of finished condos is $3,400,000+
DON'T MISS THIS INCREDIBLE OPPORTUNITY!! Unit 2 is currently listed for rent. Each unit consists of 1 room bedroom, 1 full bath, a cozy combination living/dining space, galley kitchen, gas cooking, fully carpeted, and lots of natural light. The galley kitchen and living dining room combo provide a perfect setup for relaxing and entertaining, while the fenced rear patio area offers a private outdoor retreat. Enjoy the roof-top deck at the Cleveland Park Bar & Grill or great pub fare and patio dining at Walter's Sports Bar. There are lots of activities and entertainment at the Congress Heights Arts and Culture Center. Enjoy the gallery of local artists, attend cultural events, and enroll in dance, yoga, sewing, heat pressing, or just Sip and Paint. There are many choices for commuters. Congress Heights Metro Station is less than a mile away. Quick access to major commuter routes on I295, Alabama Avenue SE, and Malcolm X Avenue SE. Overall, 351 Parkland SE is a fantastic option for anyone seeking a comfortable, convenient, and well-located apartment in Washington, DC. Don't miss out on the opportunity to make this your new home! Seller financing possibilities a low-interest rate with a good down payment.
Rare Opportunity to own a Mixed Use Row House at the corner of 17th & U Streets NW, close to Adams Morgan, Dupont Circle, Ground Floor Retail, Second floor Commercial, plus One 2 Bedroom 1.5 Bath. 2 Parking Spaces. See flyer for additional details.
Rare Opportunity to own a Mixed Use Row House at the corner of 17th & U Streets NW, close to Adams Morgan, Dupont Circle, Ground Floor Retail, plus One 2 Bedroom and One 1 Bedroom (Vacant). See flyer for additional details.
Sold as a package 2000-2008 17th Street NW (See additional listings for pricing). Rare Opportunity to own 5 Mixed Use Row Houses at the corner of 17th & U Streets NW, close to Adams Morgan, Dupont Circle, Ground Floor Grocery could potentially Lease Back the 1st Floor. Plus one 3 bedroom and One 2 bedroom Apartment. See flyer for additional details.
This house looks amazing after a big renovation! Itรขs a great choice for people who want to rent out part or all of it. There are two separate apartments, each with its own parking spot and electricity meter. This means you could make a lot of money from renting it out. The main part of the house is hugeรขit has almost 1,600 square feet spread over two floors. There are three bedrooms and two and a half bathrooms. The smaller part of the house is about 800 square feet with tall ceilings. It has one bedroom and one full bathroom. Both parts of the house have been completely fixed and look super fancy and modern. This house is in a cool neighborhood called Columbia Heights. Itรขs super close to the Metro station, so itรขs easy to get around. There are lots of great restaurants, parks, schools, and other fun stuff nearby. Itรขs priced lower than other houses like it, so itรขs a great investment. You could make a lot of money from renting this place. Plus, youรขll get a certificate of occupancy with the sale, which means itรขs ready to rent out right away.
Rare opportunity to purchase a fully-tenanted, pretty bayfront Victorian 4 unit property in PRIMO location steps to Stanton Park, Union Station Metro, Eastern Market, US Capitol Complex and everything the Hill has to offer. Walk Score of 92, Bike Score of 97. All 4 units offer tall ceilings, beautiful original mantels and tilework on decorative fireplaces, nice original doors and trim throughout, including the main hallway staircase banister and spindles. The upper 3 units have pretty pine floors, their living areas at front get good light from large bay windows, their updated kitchens have a single run of upper and lower cabinets w/formica countertops, bathrooms are updated and each includes a linen closet. The upper 2 units have quite large screened-in porches providing 3-season additional space to relax and unwind. On the main level unit that porch space has been enclosed w/windows and incorporated into the unit as an un-conditioned sun room, along w/private stairs to backyard. The spacious-feeling lower level studio unit is carpeted, has 8รข tall ceilings, a large walk-in closet, an updated bathroom, newer L-shaped open kitchen w/formica countertops, and direct access to the spacious shared fully-fenced backyard patio where tenants enjoy relaxing and entertaining, sheltered by a large tree. There is a gate for pedestrian access to the alley, making it easy for bikes/strollers. Well-maintained building: screened-in rear porches were recently re-built and re-supported; brickwork was repointed on sides and at rear; the main hallway was recently repainted and re-carpeted; and the newish metal roof was recoated in the past 5 years. There is a single boiler for heat to the building, a single 75 gallon water heater for the building. These systems are located in a separate space on lower level, accessed from outside the building through pedestrian gate to alley. Each unit has 1 window unit A/C that conveys w/sale. Each unit has its own electric meter and electricity is paid individually by each unit. Gas is paid by owner. The 3 1BR/1BA units on upper floors are each month to month, the lease on the lower level studio unit ends 12/31/24. Subject to rent control, the 2023 annual rent was $72,223 and the 2024 monthly rent roll totals $6502 ($78,024 per year). TOPA notice will be given. This property has had VERY little turnover, 3 are long-term tenants. Property conveys with tenants in place. Property offers possibilities for investor looking to take over a fully-tenanted 4-unit property, or for a savvy owner-occupier who might wish to occupy one or more units for themselves and continue renting out the others. All prospective buyers are advised to run numbers w/a financial advisor knowledgeable about DC TOPA regarding 4 unit buildings, and see how this may work financially BEFORE attempting to see the property. To avoid unnecessarily inconveniencing tenants, seller is requiring proof of funds or lenders letter before scheduling all showings. Shown strictly by appointment during business hours, w/minimum 24 business hour advance notice. Initial showings are likely to be for just one of the 4 units, arrangements to view other units would be made w/submission of an offer to purchase the property. Tenants convey w/sale of property. Note that sf figures are not to be used for valuation purposes.
Amazing Investor Opportunity! 4 unit fully renovated building . All units 2 bedroom/1 bath. Ideal for condo conversion or buy and hold for a long term immediate cash generating investment. 4 parking lots in the back of the building. Stacked washer and dryer in each unit, central HVAC. Units are renting for $1800 - 1900 sturdy. Currently 3 units are occupied. The building has been always well maintained over the years. Located near Union Market, Gallaudet University, H Street corridor, shops and restaurants. Agent is related to the seller.
This four-unit building offers a compelling investment opportunity with significant rental income potential. It appeals to a diverse tenant base, including young professionals, families and retirees. The area's robust rental market guarantees consistent cash flow, making this property an excellent long-term asset for investors. Currently all 4 units are rented and yet owner can deliver one of the units vacant for owner occupied buyers
This exceptional property features two fully renovated units, each designed with modern amenities and stylish finishes, making it a perfect opportunity for both owners and investors. Each unit offers 3 spacious bedrooms and 2 full bathrooms, providing ample space for comfortable living. Both units have been meticulously updated to include new carpet, fresh paint, and contemporary fixtures. Enjoy cooking in brand-new kitchens with stainless steel appliances, sleek new cabinets, and elegant countertops. Each unit comes equipped with its own washer and dryer for added convenience. Recessed lighting throughout the units ensures a bright and welcoming atmosphere. Benefit from four secure private parking spaces, a rare find in the city. This property is ideal for those looking to live in one unit and rent out the other to offset their mortgage, or for investors seeking a lucrative opportunity to rent both units. Nestled in the vibrant Trinidad neighborhood, you'll have easy access to H Street Corridor, Union Market, and public transportation, making it a convenient base for all your city adventures. Don't miss this unique opportunity to own a versatile and beautifully updated property in one of DC's most sought-after neighborhoods.
The median home value in Washington, DC is $632,000. This is higher than the county median home value of $589,800. The national median home value is $219,700. The average price of homes sold in Washington, DC is $632,000. Approximately 37.58% of Washington homes are owned, compared to 52.63% rented, while 9.79% 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 youโre interested in, contact a Washington real estate agent to arrange a tour today!
Washington, District of Columbia has a population of 672,391. Washington is less family-centric than the surrounding county with 23.67% of the households containing married families with children. The county average for households married with children is 23.67%.
The median household income in Washington, District of Columbia is $77,649. The median household income for the surrounding county is $77,649 compared to the national median of $57,652. The median age of people living in Washington is 33.9 years.
The average high temperature in July is 88.8 degrees, with an average low temperature in January of 27.5 degrees. The average rainfall is approximately 43.5 inches per year, with 13.3 inches of snow per year.