We are proud to present a rare investment opportunity with this fully vacant turn-key multi-family building, recently renovated and ready for immediate move-in. This property is ideal for a variety of investment strategies. Option 1: Buy as a primary residence, live in one unit, and rent out the rest. Option 2: Buy & hold, and rent out all four units at a good Cap Rate. All units are separately metered with their own Certificate of Occupancy. The Voucher Assistance Program pays $1680 per unit. Non-Voucher Market rent is $1500 per unit. Option 3: Purchase and redevelop as a condo conversion. There is room to build up, and allow for two-car parking in the back. The location is great, and in close proximity to new developments, Union Market, Gallaudet University, The National Arboretum, KIPP Academy, H Street Corridor, and Capitol Hill. The street is quiet and lined with mostly renovated and redeveloped homes and apartments. Off-Street Parking is possible.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $1,099,000 | $416 | Compass |
Elementary School Webb Wheatley Elementary School | 0.1 miles away | PK - 07 | |
Elementary School Miner Elementary School | 0.6 miles away | PK - 05 | |
Middle School Friendship - Blow Pierce | 0.6 miles away | 04 - 08 |