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 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 8’ 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 occupied units, arrangements to view other units would be made w/submission of an offer to purchase the property. TENANTS CONVEY WITH THE SALE OF THE PROPERTY. Note that sf figures are not to be used for valuation purposes.
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.
1625 21st Pl SE represents an exceptional investment opportunity in a burgeoning market. The approved plans for a 20-unit condominium development in the rapidly transforming Anacostia neighborhood provide a clear path to high returns. With strong market fundamentals, a prime location, and robust neighborhood amenities, this property is well-positioned to meet the growing demand for quality housing in Washington, DC. The property's value is significantly enhanced by the pre-approved development plans for a 20-unit condominium building. This approval mitigates much of the initial development risk and expedites the construction timeline, allowing investors to capitalize on the market demand more quickly poised to deliver substantial returns in one of the city's most promising real estate markets. The 20 units are a mixture of one (1) beds / one (1) bath & two (2) beds / two (2) baths and ranging from 550 sqft to almost 800 sqft. Offering Memorandum and full financial analysis are provided in the documents section. The approved plans and permits will be provided by agents to any interested party for proper due diligence.
New Price...State-of-the-Art Apartment Rentals Ready for Immediate Occupancy! New constructed masonry building restoration with four 2 BR, 1.5 BA contemporary style apartments have gleaming wood floors throughout: white soft close cabinetry with designer countertops, custom backsplash, stainless-steel GE and Whirlpool appliance and fixtures packages in the kitchen, and full-sized washer and dryer. ADT Security Alarm system and secured off-street paved parking spaces with remote controlled overhead gate. Each unit has private rear entrances and is individually metered for electricity, heating, and cooling systems (HVAC). Exceptional opportunity for astute investor to own state-of-the-art multi-unit building in an emerging market nearby to the planned Hechinger Mall redevelopment. Major investment in redeveloping surrounding neighborhoods, Benning Road revitalization is projected for significant future growth. Competitively priced apartments demanding $2800/monthly, $11,200 ($2800 X 4) income potential. Building is located on DC Streetcar route with free daily runs, convenient to grocers including Whole Foods, Trader Joe’s, and H Street Corridor top rated restaurants, cafes, and shops.
PRICE REDUCTION! Where opportunity meets the prepared investor or anyone looking for a great investment property. 4 units - 2 upstairs and 2 downstairs - 2 beds - one bath each. One is vacant for immediate move in by the new owner or to rent out. Multiple owners could share this property as a joint venture. A family of four could easily afford this building and use as a family home. Pictures show one unit downstairs and one upstairs. Notice the balconies on the back for relaxing and enjoying the beautiful back yard. A unique property located in a historic district with plenty of amenities and continued growth. Close proximity to Washington Navy Base. Seller asks that pre-approval documents or proof of funds are provided to the LA prior to showing. The occupied units will be shown when an offer is being considered. Great investment. Seller will consider all offers. PROPERTY IS SOLD "AS IS." Property shows very well.
Rare opportunity to purchase a 4-unit in an excellent location close to Union Station Metro, Eastern Market, US Capitol Complex, and all the attractions on the Hill. The property has a Walk Score of 92 and a Bike Score of 97. Each unit has 1 bedroom and 1 bathroom, making it ideal for condo conversion or as a long-term cash-generating investment. Additionally, the property has parking spaces in the rear. The owners are asking for proof of funds or a lender letter from potential buyers. Please take caution when walking through the property as the seller does not guarantee the condition of the property, one unit is fire-damaged. The property is located on the DC Streetcar route, which offers free daily rides, and is close to grocery stores like Whole Foods, Trader Joe’s, and top-rated restaurants, cafes, and shops in the H Street Corridor. The property offers an awesome location, location, location!
***TENANTS ARE NOT TO BE DISTURBED*** **Multi-Family Investment Opportunity in Prime Location!** **Property Overview:** Discover an exceptional investment opportunity with this 4-unit multi-family building, perfectly situated within close proximity to local shopping and transportation. This well-maintained property features four charming 1-bedroom apartments, two of which have been recently remodeled to offer modern living spaces that attract quality tenants. **Unit Details:** - **Unit 1:** Tenant-occupied, viewings available for serious inquiries only. Currently renting for $1129. Log-Term tenant wishes to continue lease. - **Unit 2:** Recently remodeled, vacant, and ready for immediate occupancy. - **Unit 3:** Recently remodeled, vacant, and ready for immediate occupancy. - **Unit 4:** Tenant-occupied, viewings available for serious inquiries only. Currently renting for $800/month. **Additional Features:** - **Potential Income:** The basement, formerly used for storage, presents an excellent opportunity for conversion into a money-making laundromat, providing additional income for the property owner. - **Viewings:** Two of the units are currently vacant and can be viewed at your convenience. For the occupied units, viewings can be scheduled for serious inquiries with proof of funds. **Location Highlights:** - Convenient access to local shopping centers, making everyday errands a breeze. - Close proximity to public transportation, ensuring easy commutes for tenants. **Contact Information:** For more details or to schedule a viewing, please reach out via EMAIL ONLY. We are happy to answer any questions and provide further information to interested parties. Don't miss out on this lucrative investment opportunity in a prime location!
4- unit building with all 2 bedrooms. Landlord recently labeled circuit breakers, replaced smoke detectors and carbon monoxide monitors, and fixed defective GFCI in several units per DC's proactive inspection. 2 units are vacant and 2 units have tenants paying 1250 per month. Landlord has not raised rents since they bought in 2012 and the building shows very well. Under professional management.
Well maintained 4 unit property. All units 2 beds, 1 bath. One unit vacant. Move in-ready and available to show. Occupied units will be shown only upon ratified contract with inspection contingency. Please do not disturb tenants.
A gem 1 block from Metro 4 well-maintained units ready for a new owner. Please do not disturb current tenants. You can only visit units 2/3 They are identical
Truly the centerpiece of the entire block, the historic Cain-Roth property is only one block from the Metro Playground and Metro Station, and one block further to Trader Joe's, Eastern Market and Barracks Row. Certified as a contributing property in the Capitol Hill Historic District it's hardwood floors and hand-crafted woodwork preserve the traditional charm and warmth of the original, unlike so many modern renovations. It boasts two single-family 3-bedroom townhomes, plus a bonus lofted carriage house hidden in an ENORMOUS rear garden where it is shaded by a tranquil vineyard, removed from Capitol Hill's buzz. Multiple use options, now and in the future. Live in one large home and enjoy top rents from the other. Easily join the two into a multi-generational residence, with separate entrances, or seamlessly unite them into a single grand residence. Add excellent bonus income from a possible carriage house unit. CofO for three units, and zoning would permit a fourth. (To confirm official records please refer to 1001 South Carolina Ave., the recorded address.) Or even operate your business, corner store, cafe, bookstore, etc., or B&B with up to SIX sleeping rooms (vs. the standard two), or any combination. Inquire about these and other possible uses, plus the property's superb rental history. Previously $130,000+/year. Do not miss this once-in-a-generation opportunity.
This property is fully framed and ready to be finished, it has all the infrastructure in place plumbing, electrical wiring, heavy up, HV/AC etc, with parking in the rear
Price Improvement! Welcome to 1321 Orren St NE, a 4 unit building in Trinidad. 3 of the units are 2 bedroom/1 bath that have been updated throughout with gourmet galley kitchens, in unit stacked washer and dryer, central a/c and heat. One unit has had some updates recently, with a new furnace added, and new bedroom carpeting being put in. Please note unit #1 does not have laundry or central a/c. All units are currently leased with great tenants. The building has been well maintained over the years. Floorplans are available. Conveniently located near Union Market, Galludet University, H Street corridor, shops and restaurants. TOPA Assignments to the seller have been completed, Seller prefers KVS Title.
WOW!!!! This is an Amazing Opportunity to Own a great home, in a great neighborhood, and have two 2 units for you to supplement the Mortgage. Use a DSCR loan and use the rental units' income to help you pay for the property!! Or turn the spacious upstairs Owner's Suite unit into 2 units, live in one, and rent out 3 units. Either way, you win! Sooooo many options. This Apartment Building is well maintained and features Central Air Conditioning, Gas Hot Water Radiator Heating, a Washer and Dryer in each unit, a Covered Carport with Off-Street parking for two cars, a storage shed, a small yard, and most of all AN AWESOME LOCATION, LOCATION, LOCATION!!! ***Showing will be by Appointment only, with the Listing agent.***** As per standard procedure, Buyer(s) must provide Proof of Funds and an approval letter from a local, reputable lender, before the appointment will be set. There is no lockbox. This building has great tenants with short-term Leases. This is a fantastic opportunity to create generational wealth and City living. This property is a short distance from H St, Gallaudet, Hechinger Mall and so much more. I look forward to the excitement on your face, once you see this place! No Hard Money deals please. Buyer must show Proof of Funds in the Bank under their name!!! Please contact me, or your Realtor, to schedule an appointment. 2 of the units are rented, so I must be with you for the showing. No Appointment, No Access!! Note the 3rd unit is the entire top level. This home may have been a 4 unit at one time.
EXCLUSIVE INVESTMENT OPPORTUNITY: THE MAYFAIR RESIDENCES AT LOGAN CIRCLE ++ We are excited to unveil a stellar investment opportunity in the multifamily asset class: The Mayfair Residences at 1335 11th Street NW, Washington, DC. Offered at $21,500,000 with a projected delivery in late Summer 2024, this exclusive offering encompasses the entire property, comprising 22 high-end units, totaling 29,733 square feet in one of Washington, DC's most sought-after neighborhoods. INVESTMENT OVERVIEW: The Mayfair Residences provide a unique chance to acquire a complete multifamily complex, brand new, with no existing leases and exempt from the Tenant Opportunity to Purchase Act (TOPA), facilitating straightforward management and significant investment potential. This property is poised to cater to the upscale rental market, offering elegance and sophistication in a prime urban location. INVESTMENT HIGHLIGHTS: FULL OWNERSHIP: Control the entire property with 22 high-end units totaling 29,733 sq ft. -- EXCLUSIVITY: No existing leases, complete exemption from TOPA, allowing for smooth management and exceptional investment flexibility. -- PRIME LOCATION: Situated in a highly desirable area known for its constant demand from affluent professionals. -- LUXURY DESIGN: Inspired by the opulent Mayfair district in London, ensuring attraction and retention of high-end tenants. INVESTMENT BENEFITS: IMMEDIATE REVENUE: Start generating income as soon as you acquire the property. -- VALUE APPRECIATION: Invest in an area known for its long-term growth in both popularity and property value. -- TAX INCENTIVES: Benefit from potential tax advantages through property depreciation and other investment deductions. INTERIOR AND DESIGN FEATURES: INTERIORS BY BOXWOOD: A homage to affluence and artistry with luxurious materials and bespoke details. -- CUSTOM FEATURES: Kitchens with Forno appliances, Character Grade White Oak Hardwood flooring, substantial crown and base moldings, high-quality Anderson windows, and solid core doors. -- ADVANCED HOME TECHNOLOGY: Includes surround sound systems, smart home hubs, video doorbell cameras, and more. -- PENTHOUSES: Featuring private roof decks, additional dens, direct private elevator access, and reserved parking spaces. YOUR INVITATION TO LUXURY LIVING: The Mayfair Residences invite you to be part of an address as unique as it is timeless. For a private tour and to experience firsthand the remarkable craftsmanship and visionary design, please reach out to our team. We believe The Mayfair Residences represent a strategic, lucrative asset that complements the sophisticated investment portfolio. This opportunity is not just an investment in real estate but a stake in a lifestyle sought after by many yet available to only a few. We invite you to delve deeper into this investment opportunity and consider the benefits it holds for your portfolio. We look forward to discussing this exclusive offering with you and exploring the possibilities it unfolds for wealth generation.
This property is fully gutted. It is undergoing permits. Any investors who are interested in buying as-is, please feel free to reach out.
TOPA completely taken care of w/ 1 current tenant and 2 that just vacated on this Trinidad Quadplex ready for new owner! Current tenant in process of vacating, all other units vacant and available to see. Four 2 bedroom 1 bath units- only 1 to clean up for tenants. Units are metered separately for electric and water. Washer and dryer in each unit, fenced rear shared yard. Could be a buy and hold or condo conversion- they are all over the street! Easy access to Gallaudett, H Street Corridor, Union Market, Cap Hill and all major local roads+highways. Bus route at bottom of street.
Introducing 473 M Street NW, a re-imagined 4 story Federal Townhome combining unique architectural features and today’s most sought-after modern amenities. Spanning 4,000+ sq feet, this Grand Dame was meticulously renovated into Two Units (with separate Tax IDs) and is being offered together providing a unique investment or multi-generational living opportunity. Soaring ceilings, sweeping hardwoods and two gorgeous Gourmet Kitchens are just a few details of this home. The main level unit features an open floor plan with a south-facing Bay window and a wood-burning fireplace. The Eat-In Kitchen adjoins the Dining Room with wet bar and features top of the line Bosch appliances, a gas cooktop, granite countertops, and an expansive Island with seating. Two Bedrooms and Two Baths are positioned off the back of the home and provide access to a private patio area perfect for outdoor entertaining. The Two-Level Penthouse Unit features an open floor plan with high ceilings, a generous Living Room with fireplace, Gourmet Center Island Kitchen with Bosch appliances and Breakfast Bar with wine fridge. Two Bedrooms are set privately down the Hall with Bathroom and Laundry. The Top level offers a one-of a-kind Owner’s Suite with soaring ceiling, fireplace and a wall of windows overlooking mature trees along M St. An additional Bedroom or entertainment area is set down the hallway and provides access to a large rooftop deck with great views. A lower level Studio with Kitchenette and private entrance complete this rare offering. 473 M Street is ideally located on a quiet one-way street, convenient to the city’s best amenities, Mt Vernon Square Metro, China Town and easy access in and out of the city via 395.
Incredible 4 unit in wonderful Trinidad NE. Totally vacant building! So much development going on in the immediate area. This is a gem for sure. Permits are underway and will be ready upon settlement to convert this into four 2 bedroom, 2 bath units with parking for 2 cars in the rear along with a rooftop deck. The 4 unit next door is also under major construction. Bring owner occupants and investors. This is a true game changer! Call Randy with questions.
PRICE PERFECTED! Explore a premier investment opportunity in Dupont Circle. This detached property offers an expansive area of over 6,000 square feet, complete with six parking spaces and four exquisitely maintained units. The centerpiece of this estate is a luxurious, sun-drenched two-level corner unit, embodying the pinnacle of upscale living. As an owner, you can enjoy the splendor of this distinguished mansion as your residence while capitalizing on substantial rental income from the other three units. Alternatively, fully leasing the property can yield a significant yearly income. This property is more than a residence; it is a strategic, high-value investment in sought-after Dupont Circle.
Experience luxurious living in this meticulously renovated duplex located in the heart of Washington DC. The entire building has undergone a stunning transformation, offering two fully upgraded units (1BR, 1BA). Each unit boasts new energy-efficient windows, recessed lighting, fresh paint, new flooring, and plush carpeting. The kitchens shine with stainless steel appliances and granite countertops. The bathrooms feature new ceramic tile, sinks, and toilets. The inclusion of energy-efficient stacked washers and dryers adds convenience. Unlock the potential for vertical expansion, a unique opportunity in this thriving area that has witnessed drastic development. The property is positioned just 2 blocks from the DC Streetcar, providing easy access to the city's charm. Furthermore, enjoy proximity to RFK Stadium and the Hechinger Mall Redevelopment, promoting entertainment and recreation. *Seller has an assumable loan at 4.5% interest*
The property was severely damaged by fire. Showing the interior is not possible. Showings must be conducted from the exterior ONLY.
Also Listed as Residential on the mls DCDC212576 Perfect condominium conversion or multi family opportunity in the Trinidad neighborhood. Building has two 1 bedroom, 1 bathroom units with enclosed rear porches. Parking is possible in the back. Due diligence should be conducted in advance . Both units are occupied. Sold AS IS . All offers to include Pre Approval Letter, Copy of EM and proof of funds. Prime development opportunity-many buildings in the neighborhood have been expanded and converted into luxury condominium residences. Building is conveniently located near Gallaudet University and easy access to routes to Capitol Hill and bustling H Street.
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.
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.