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. The property includes four spacious 4-bedroom, 2 bath units, each with separate HVAC, hot water heaters, and electric meters, making management simple and efficient. With a projected hefty $169,600 NOI at full capacity, the numbers speak for themselves. The building is 75% occupied by Section 8 tenants, providing dependable, guaranteed rental income. This is a perfect first-time buyer who wants to live in one unit and rent the rest out to offset the mortgage payment. 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.
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Listing Snapshot
Price
$2,300,000
Days On Site
22 Days
Bedrooms
12
Inside Area (SqFt)
3,131 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.06 Acres
Year Built
1948
MLS® Number
DCDC2263898
Status
Active Under Contract
Property Tax
$7,298
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
2 weeks ago
Status changed to Active Under Contract
2 weeks ago
Listing updated with changes from the MLS®
3 weeks ago
Listing first seen on site
General Features
Acres
0.06
Foundation
Block
Parking
ConcreteOff Street
Parking Spaces
2
Property Sub Type
Quadruplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
3131
SqFt Total
3131
Style
Federal
Water Source
Public
Zoning
RF1
Interior Features
Appliances
Electric Water HeaterDishwasherDisposalDryerExhaust FanMicrowave
Cooling
NoneElectric
Flooring
CarpetCeramic Tile
Furnished?
None
Heating
Exhaust FanElectricHot Water
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Exterior Features
Construction Details
Brick
Pool Features
None
Roof
Built-Up
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City
Waterview
City
Community Features
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Schools
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Long & Foster Real Estate, Inc.
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