PRICED TO SELL — 7.82% cap on actual collected income, 9.13% cap rate on pro forma.
Five furnished 1BR/1BA units, renovated in 2025, all five occupied. Every unit includes washer/dryer, smart TV, queen bed and a dedicated workspace, rented all-inclusive on flexible mid-term terms to the military, medical-resident and government-contractor demand DC generates year-round. Dedicated furnished inventory in this submarket is close to nonexistent — national operators price comparable units at $2,900–$3,300/month.
Mid-term furnished tenancies turn over on defined terms, keeping the rent roll current with the market rather than locked to legacy rates. All-electric, individually metered, brick, 3,780 SF.
At $139,800 per unit this prices below the $148,682 submarket average, with Skyland Town Center Phase 3 (0.3 mi) and the Barry Farm redevelopment (0.9 mi) underway. Government agency leasing at $2,000/unit takes the cap rate to roughly 10.6%.
Seller motivated and will review all reasonable offers. Contact listing agent for Offering Memorandum.
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Listing Snapshot
Price
$699,000
Days On Site
6 Days
Bedrooms
5
Inside Area (SqFt)
3,780 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1 Acres
Year Built
1943
MLS® Number
DCDC2281998
Status
Active
Property Tax
$5,863
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
Invite
Recent Activity
6 days ago
Listing updated with changes from the MLS®
7 days ago
Listing first seen on site
General Features
Acres
0.1
Foundation
Brick/Mortar
Number Of Stories
2
Parking
On Street
Property Sub Type
Townhouse
Security
Smoke Detector(s)Security System
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
3780
SqFt Total
3780
Style
Colonial
Utilities
Water AvailableSewer AvailableElectricity Available
Water Source
Public
Zoning
R-5-A
Interior Features
Appliances
Electric RangeElectric OvenElectric Water HeaterDryerWasherWater HeaterDisposalMicrowave
