PRICE IMPROVEMENT! Fully renovated 5-unit multifamily in Naylor Gardens, 100% occupied and producing income from day one. Five furnished 1BR/1BA units, each with in-unit washer/dryer, smart TV and dedicated workspace. Comprehensively renovated in 2025; roof replaced in 2018. All-electric with separate meters for each unit; utilities are currently included in rent, giving a new owner flexibility. Current NOI $54,635 on actual trailing-12-month collections (8.35% cap rate at list price); pro forma NOI $63,802 (9.76% cap) with all units at $1,800/month. Priced at $130,800 per unit, below the recent 20020 multifamily sales average. Located in a Federal Opportunity Zone and HUBZone. Safeway is 0.1 mile away, and Skyland Town Center, with Lidl and new retail and housing under construction, is 0.3 mile away. Offering Memorandum with full financials available to qualified buyers.
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Listing Snapshot
Price
$654,000
Days On Site
48 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
3 days ago
Listing updated with changes from the MLS
2 weeks ago
Price changed to $654,000
2 months 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
