Exceptional value! Rare opportunity to purchase one or both side-by-side two-unit buildings offering immediate income potential, multiple ownership strategies, and long-term investment value. This well-maintained two-unit property is ideal for investors, first-time investors, or owner-occupants seeking immediate cash flow, long-term appreciation, and flexible ownership options.
Currently generating $2,000 per month in rental income with one vacant unit, providing immediate upside potential through additional rental income or owner occupancy. The well-appointed apartments feature bright, spacious living areas filled with abundant natural light, luxury vinyl plank flooring, neutral finishes, generously sized bedrooms, updated bathrooms, and large eat-in kitchens with abundant cabinet and countertop space. A separate utility and mechanical room offers additional storage, while separate gas and electric meters simplify property management and tenant utility responsibility.
The flexible two-unit configuration offers exceptional versatility for a variety of living arrangements and investment strategies, including owner occupancy with rental income or full investment ownership. For qualified owner-occupants, potential rental income may enhance purchasing power, subject to individual lender guidelines.
The adjacent property at 4737 South Capitol Terrace SW is also available, presenting a rare opportunity to acquire one or both side-by-side buildings and create a four-unit investment portfolio with neighboring ownership. Ideally located near Joint Base Anacostia-Bolling, National Harbor, Capitol Hill, Downtown Washington, DC, Metro, shopping, dining, parks, and major commuter routes.
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Listing Snapshot
Price
$399,900
Days On Site
92 Days
Bedrooms
4
Inside Area (SqFt)
1,992 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.11 Acres
Year Built
1953
MLS® Number
DCDC2271426
Status
Active
Property Tax
$3,854
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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