Great multi-unit investment opportunity! Potential for 4 units waiting for your vision. Sold as-is, with lots of great space and potential to work with, plus existing features like the welcoming front porch, wood floors, and a reserved off-street parking space. Located in one of DCâs hottest neighborhoods, Eckington is the place to be! Tree-lined, leafy, residential block with easy access to Brookland, Capitol Hill, NOMA, Ledroit/Bloomingdale, U Street and beyond. Access to transportation & retail is just .5 mile away: Rhode Island Row, with dining and retail (Carolina Kitchen, Sala Thai, Home Depot, Giant and more). Harry Thomas Recreation Center for public tennis courts, playground, ball field, basketball courts and outdoor pool also nearby. So much to love!
SAVVY INVESTORS: Bring your vision and capitalize! This property is vacant (no TOPA), has been partially renovated, and is ready for the right investor to continue to add value and bring it back to life. Units 2, 3 and 4 have been renovated completely with new drywall and electrical wiring and box; Units 2 and 4 have half of plumbing done in their kitchens; the Entire Building has new energy efficient windows installed and MORE! Please see reach out to the showing contact for a full list of already completed renovations. All units can be turned into two bedrooms, or a parking lot can be added. The seller is also open to a joint venture - let's talk!
Fantastic 3-unit investment opportunity. Fully updated and leased, but with flexibility for an owner-occupant or "house hack" investor with a low down payment FHA loan. One unit will free up this summer. Recently renovated, these 1BR/1BA & 1BR/1.5BA units each have their own floor and outdoor space, plus there is a 2-car garage and yard. The location on Upshur Street in Petworth is closet to Green/Yellow Line Metro, bus lines and driving access to North Capitol and just steps from local bars and restaurants like Slash Run, Hitching Post and Timber Pizza. Current NOI is $49K which puts it at a 5.75% CAP rate at list price. Perfect location with Petworth's best amenities within walking distance including green/yellow line metro, Slash Run, Timber Pizza, Cinder BBQ and the Petworth Farmer's Market, Street parking is easy and income from the 2-car garage can be further optimized. Showings will be accompanied and are available for those with significant interest and advance notice.
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 2 unit duplex is to be purchased with 2513 22nd St NE totaling 6 units! This building is located a few blocks from Langdon Park (Green space, rec center, pool, etc) and in close proximity to commuter routes BW Parkway and Route 50. Neighborhood favorites Zeke's Coffee, Provost Restaurant, Woodridge Neighborhood Library, and more are just a short distance from the property. This opportunity doesn't come around often, so don't miss your chance to purchase an asset like this!
Perfect opportunity to acquire a development project for a luxury 2 unit project to be delivered with plans and permits. Extra deep back yard for parking and potential outdoor space to enhance the value for resale .
Rare find. 4313-4315 Hunt Place NE Washington DC presents a compelling investment opportunity. Live in one and rent the other or rent both for a great investment. Favorable location, income potential, possibilities for growth. Expand or start your portfolio in the DC market. Two 1 bedroom 1 full bath units, One ground level the other above that unit, living room, and dining area. Walk out the rear to your own off-street parking. Loads of street parking. Marvin Gay walking trail next store. Minutes to 295 and downtown.
This property is fully gutted. It is undergoing permits. Any investors who are interested in buying as-is, please feel free to reach out.
4 unit apartment building vacant. Ready for rehab. Lots of options, 2 townhouses or 4 condos a 2 unit with multiple bedrooms.
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.
Multiple Development Possibilities. Multi Family Potential or Condo Conversion. for 16+ Units. Current plans reflect 17,000+ sqft of building. Many successful projects have been completed in the area. Property has desirable RA-2 zoning. Raze permit has been applied for and permitting is in process. Call listing agent for more information.
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.
Photos are of the one vacant unit (#2). The average rent of the 4 occupied units is $958/month. The building has been family-owned for over 20 years. We believe that the hot water heater was replaced around 2008 and the boiler around 2006. Please contact the agent for more information or for the rent roll.
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*
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.
Three separately metered apartments. Apartment 1 has 2 beds and 1 bathroom. It is roughly 1,500 sqft according to the tax record. Apartment 2 has 3 bedrooms and 1 bathroom. It is roughly 1,300 sqft according to the tax record. Apartment 3 has two levels with 3 bedrooms and a den with 2.5 bathrooms. It is roughly 3,000 sqft according to the tax record. There is a new deck and parking space out back. Some new renovations have been completed and some are in process. Unit three is ready for your complete renovation. ***Please call listing agent for detailed description***
The property was severely damaged by fire. Showing the interior is not possible. Showings must be conducted from the exterior ONLY.
5 unit renovation in progress - estimated delivery June 2024. Unit 1: 604 SF 2 bed, 1 bath; Unit 2: 637 SF 2 bed, 1 bath; Unit 3: 700 SF 2 bed, 1 bath; Unit 4: 732 SF 2 bed, 1 bath; Unit 5: 1163 SF, 3 bed, 2 bath w/ roof deck. 2 off street parking spaces. Estimating $11,500 in monthly rent from finished units. Located 2 blocks from Deanwood metro station.
IGNORE DOM. Previous Contract fell through. Back on the market buyer financing fell through. huge price improvement!!Amazing location not far from two metro stations bus line near by totally remodeled recently. EACH UNIT IS SEPARTELY METERED Well maintained building All four unit have Central AC. UNIT 1 and 2 are handicap accessible. UNIT ONE AND 4 ARE VACANT. All four units have WASHER AND DRYER HOOK UP AND UNIT 3 HAS WASHER AND DRYER. Great tenants unit 2 and 3 are on section 8. YOU HAVE TWO UNITS VACANT U CAN LIVE IN ONE AND RENT THREE OF THEM. Premium title and escrow preferred as they have done work on the property.
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.
Calling all investors; do not allow political shifts to keep you from doing what you do best! Seller will consider all reasonable submissions. This lovely, 4-unit, semi-detached property should be your next project! The property receives lots of natural light and is located within a charming community. Development continues along Minnesota Ave. and this property is located near the Minnesota Ave. Metro. Tucked away nearby is Eastland Gardens, with lots of deer, turtles, hawks, eagles and foxes, including current plans to build a pedestrian bridge over the Anacostia River. The community is a yes and this potential project could be your new home; this is a perfect condo conversion project or simply spruce up each unit and maintain the current layout and rent This property is a must see and is vacant; NO TOPA! Opportunity is knocking! Get your contractor and take a look at this stately, end of row, 4-unit building. Zoned R3 and ready for your vision. The property is an end of row, 4-unit with a very large side and rear yard.
Incredible condo conversion opportunity. Plans have been submitted for a 4 unit building. Each unit will be 1,500 sqft with 3 beds/3 baths. Upper units will have private roof decks. Off street parking for 2 cars. Total out sale is around $2.8M. Do your own due diligence. Demo has been completed. Being sold as-is. Plans are currently under review.
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 you’re 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.