Great investment opportunity in the heart of Southeast Washington, DC! This well-maintained all-brick four-unit apartment building offers four spacious 2-bedroom, 1-bathroom residences, each with separate utilities, providing a true turnkey investment with minimal owner responsibilities. Four units are occupied by long-term tenants, providing immediate, stable rental income. However, one unit could be delivered vacant—offering the perfect opportunity for an owner-occupant to live in one unit while generating income from the other three, or lease the renovated unit at current market rents to maximize cash flow.
The property has been meticulously maintained, with all occupied units in excellent condition, making it an attractive addition to any investor's portfolio. Whether you're a first-time investor utilizing owner-occupant financing or a seasoned multifamily buyer seeking a solid income-producing asset, this property checks all the boxes.
Conveniently located, the property offers easy access to the vibrant amenities of Southeast Washington, DC. Residents will enjoy nearby shopping and dining at the Skyland Town Center, neighborhood conveniences at the Good Hope Marketplace, and abundant outdoor recreation at Fort Dupont Park, Anacostia Park, and the Frederick Douglass National Historic Site. Commuters will appreciate quick access to Pennsylvania Avenue SE, Suitland Parkway, I-295, and I-695, with multiple Metrobus routes nearby and convenient connections to the Potomac Avenue, Anacostia, and Congress Heights Metro stations for easy travel throughout the Washington metropolitan area.
Whether you're looking to build long-term wealth through rental income or secure a property that allows you to offset your mortgage with tenant income, this is a rare opportunity to own a quality multifamily asset in one of Washington, DC's growing neighborhoods.
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Listing Snapshot
Price
$724,900
Days On Site
52 Days
Bedrooms
8
Inside Area (SqFt)
2,968 sqft
Total Baths
4
Full Baths
4
Partial Baths
N/A
Lot Size
0.17 Acres
Year Built
1941
MLS® Number
DCDC2274934
Status
Active
Property Tax
$4,586
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
2 days ago
Price changed to $724,900
2 days ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
0.17
Levels
Two
Parking
On Street
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2800
SqFt Below
168
SqFt Total
3140
Style
Traditional
Water Source
Public
Zoning
MULTIFAMILY
Interior Features
Appliances
Gas Water Heater
Cooling
Window Unit(s)Electric
Heating
Natural GasRadiant
Main Level Bedrooms
4
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Exterior Features
Construction Details
Brick
Pool Features
None
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 Cosmopolitan Properties Real Estate Brokerage
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