Positioned in the heart of Truxton Circle, 11 N Street NW presents a fully stabilized, income-producing two-unit asset offering immediate cash flow and long-term upside within one of Washington, DC's most sought-after submarkets. This classic brick rowhome spans approximately 1,770 square feet above grade across three thoughtfully configured levels and… Read More is delivered with in-place tenancy, ensuring day-one income continuity. The property is comprised of two distinct residential units: a well-proportioned one-bedroom, one-bath unit totaling approximately 590 square feet, and a larger three-bedroom, one-and-a-half-bath unit spanning approximately 1,180 square feet. Both units are currently leased, with tenants in good standing and no history of delinquency. Rental income is supported through the Housing Choice Voucher (HCV) program, providing a highly reliable and consistent revenue stream. Operational efficiency is enhanced through separately metered gas and electric systems, minimizing owner expense exposure. Architecturally, the building retains the character of classic Washington rowhome construction, featuring original masonry, high ceilings, and abundant natural light through generous window lines. A rear outdoor area further enhances livability and tenant appeal. The property benefits from a highly walkable location, just steps from neighborhood amenities including the New York Avenue Playground and a curated mix of local dining options such as King's Oyster Bar, Republic Cantina (Tex-Mex), Amy Grill & Graze (Asian fusion), along with a variety of neighborhood cafe9;s. Just minutes away, Union Market offers a dynamic destination featuring an extensive collection of restaurants, retail, cafe9;s, and entertainment, further reinforcing the area's strong lifestyle appeal and sustained rental demand. Located with convenient access to public transportation, major commuter routes, Shaw, and downtown Washington, DC, the asset is well positioned within a rapidly evolving corridor with strong long-term fundamentals. This offering is ideally suited for investors seeking a stabilized, low-management asset with dependable income and exposure to continued neighborhood appreciation. Tenancy will remain in place, providing a seamless transition for ownership. Read Less
Courtesy of Kenneth N Brown, Quasar Property Management And Real Estate LLC 301-279-0494
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