This fully renovated 7-unit building, partially leased multifamily asset presents a compelling opportunity to acquire a stabilized income-producing property with subsidized, guaranteed rental income already in place. The property offers a flexible mix of self-contained apartment units ranging from four bedrooms to six bedrooms, each updated to meet modern residential standards and fully self-contained. It has 2-6bedroom 4-5 bedroom and 1–4-bedroom units. With occupancy secured from day one, the asset is positioned to deliver immediate cash flow, durable income stability, and long-term investment upside. Situated on a large lot with rear parking, the property enjoys convenient access to the Rhode Island Avenue Metro station, Union Market, nearby retail, restaurants, and neighborhood amenities along 12th Street. This offering is well suited for investors seeking a renovated, cash-flowing multifamily asset in a well-connected and desirable neighborhood.
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Listing Snapshot
Price
$4,750,000
Days On Site
95 Days
Bedrooms
21
Inside Area (SqFt)
3,570 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.16 Acres
Year Built
2023
MLS® Number
DCDC2271010
Status
Active
Property Tax
$8,121
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
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Recent Activity
3 months ago
Listing first seen on site
3 months ago
Listing updated with changes from the MLS®
General Features
Acres
0.16
Foundation
Block
Number Of Stories
3
Parking
On Street
Property Sub Type
Multi Family
Security
Smoke Detector(s)Carbon Monoxide Detector(s)
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
3570
SqFt Total
4185
Style
Other
Utilities
Cable AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater AvailableElectricity Available
Water Source
Public
Zoning
R4
Interior Features
Appliances
CooktopGas Water HeaterRefrigerator
Cooling
Ceiling Fan(s)Window Unit(s)Electric
Electric
Circuit Breakers
Flooring
WoodHardwood
Heating
Natural GasHot Water
Interior
Ceiling Fan(s)
Window Features
Double Pane Windows
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Exterior Features
Construction Details
Brick
Pool Features
None
Roof
Flat
Windows/Doors
Double Pane Windows
Community Features
Community Features
Sidewalks
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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