Washington DC Multi Family for Sale

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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 8â 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.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

PRICE REDUCTION!! Owner is motivated!! Welcome to this fully renovated 4-unit apartment building in Kingman Park. Own a piece of this up-and-coming neighborhood with a ton of construction going on and it will only increase in value.! It has 2-2-bedroom 1 bath units and 2â3-bedroom 1 bath units. They are fully self-contained, and each unit has its own HVAC and hot water heaters. It is separately metered for electric. This building is rented out to Section 8 tenants and is fully leased. TOPA has NOT been issued but won't be an issue.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

Conveys with with buildable vacant lot zoned for multifamily development(See documents for zoning and drawings). Discover an exceptional investment opportunity at 1471 Bangor Street SE, Washington, DC. This versatile 4-unit building features three spacious 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit, ideal for both investors and future homeowners. The property boasts zoning approval for vertical expansion, allowing you to build up and down, maximizing your investment potential. Units 1 and 3 are the only unit's available for viewing. Units 2 and 4 will be made available upon contract submission. Included with the sale is a buildable lot next door, approved for an additional 3-unit building, offering even more opportunities for development and income generation. Located in a thriving and rapidly developing area of Washington, DC, 1471 Bangor Street SE provides a prime location with easy access to public transportation, local amenities, and vibrant community life. Don't miss this unique opportunity to invest in a property with significant growth potential and secured tenant agreements in one of DC's most promising neighborhoods. Contact us today to schedule a viewing and explore the endless possibilities this property has to offer.

ADDITIONAL INFORMATION

Take advantage of this prime development opportunity in DC's thriving Anacostia/Randle Heights neighborhood which has been undergoing revitalization in recent years. This property is tenant occupied but TOPA has been complete. Ready for your plans to expand as a larger apartment building or condo conversion project. See next door property being advertised with plans in place. Contact Listing Agent for showings.

ADDITIONAL INFORMATION

Nestled in the Old City 1 subdivision, this property enjoys the location near the vibrant H Street Corridor, Ivy City, and Union Market, offering residents both convenience and charm. Spanning 3,270 square feet on a 0.07-acre parcel, the building comprises 2 two-bedroom/one-bath units, and 2 one-bedroom/one bath units, with two of the units being recently renovated. Recent updates include new flooring, two new water heaters, and an updated roof in 2021. The property also benefits from ample street parking, adding to its attractiveness for tenants. Currently, two units are occupied by voucher tenants, with the DC government paying $2,637 per month for each unit. The owner covers the utilities. The remaining units present an excellent opportunity for immediate lease-up, projecting a potential CAP rate of over 10% once fully occupied! Situated at 1515 Isherwood St NE, Washington, DC 20002, the property boasts excellent connectivity. The closest metro stations, Stadium-Armory (Blue, Orange, and Silver lines) and Minnesota Ave (Orange line), along with multiple WMATA bus routes, provide seamless access throughout the city. The neighborhood is pedestrian-friendly, with well-maintained sidewalks and crosswalks facilitating easy walking access to nearby amenities and transit options. This offering presents a rare chance to acquire a well-located, updated property with strong income potential in a thriving Washington, DC neighborhood. This is a SHORT SALE. All offers are contingent upon third-party approval from the lender. Please submit your offers by Friday, June 21st or before. For more information and to schedule a showing, please contact the showing contact only!

ADDITIONAL INFORMATION

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****

ADDITIONAL INFORMATION

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 Joeâs, and H Street Corridor top rated restaurants, cafes, and shops.

ADDITIONAL INFORMATION

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. 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.

ADDITIONAL INFORMATION

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 Joeâs, and top-rated restaurants, cafes, and shops in the H Street Corridor. The property offers an awesome location, location, location!

ADDITIONAL INFORMATION

***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!

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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

ADDITIONAL INFORMATION

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

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

This property is fully gutted. It is undergoing permits. Any investors who are interested in buying as-is, please feel free to reach out.