Exceptional, separately metered 4-unit property in pristine condition - ideal for investors seeking strong rental income and long-term appreciation in one of DC's most exciting neighborhoods. It also works for an owners-unit with 3-additional income producing units. The property includes four spacious 4-bedroom, 2 bath units, each with separate HVAC,… Read More hot water heaters, and electric meters, making management simple and efficient. With a projected hefty $145,000 NOI at full capacity, the numbers speak for themselves. The building is 100% occupied by Section 8 tenants, providing dependable, guaranteed rental income. Located just two blocks from Nationals Park and The Wharf, you're surrounded by new development, dining, entertainment, and major city attractions. Don't miss this chance to own a high performing property in a rapidly growing area. Read Less
Courtesy of Samuel R Davis, Long & Foster Real Estate, Inc. 202-483-6300
Listing Snapshot
Days Online
9
Last Updated
Property Type
Quadruplex
Square Ft.
3,131
Lot Size
0.06 Acres
Year Built
1948
MLS Number
DCDC2289534
Additional Details
Appliances & Equipment
Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan
Building
Built in 1948, Built in 2020 (effective), Living area: 3131, Construction Materials: Brick
Cooling
None
Accessibility Features
None
Floors
Carpet, Ceramic Tile
Foundation
Block
Heating
Hot Water
Income
Gross Income: $223,000, Gross ScheduledIncome: $223,000, Net Operating Income: $145,000
Lot
0.06 acres
Parking
Concrete Driveway
Property
Excellent, Other structures: Above Grade, Below Grade, City
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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