Exceptional multifamily investment opportunity in the Brookland neighborhood of Northeast Washington, DC, at 120 Taussig Street, offering the ideal combination of quality renovations, established rental income, and future upside. This well-maintained two-unit building features a spacious three-bedroom, two-and-a-half-bath residence and a comfortable two-bedroom, one-and-a-half-bath residence. One unit is currently leased for $4,500 per month, providing established rental income of $54,000 annually, while the second unit offers additional income potential with a projected rent of $2,000 per month. If fully leased at the stated rental rates, the property has the potential to generate $6,500 per month, or $78,000 annually. The interiors have been thoughtfully updated with quality finishes, modern kitchens, well-appointed bathrooms, attractive flooring, and improvements throughout. Each residence offers a polished, functional living environment designed to appeal to quality tenants while providing an attractive investment opportunity for the owner. The combination of a strong existing lease, a second unit available for lease-up, and meaningful future income potential creates an exceptional opportunity for both seasoned investors and those seeking to enter the Brookland multifamily market. With one income-producing residence already generating reliable rental revenue and the second unit offering immediate upside, 120 Taussig Street presents the opportunity to acquire a well-positioned multifamily asset with both current cash-flow potential and long-term investment appeal. A compelling property for investors seeking quality, functionality, and multiple avenues for future value creation.
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$1,000,000
Days On Site
14 Days
Bedrooms
5
Inside Area (SqFt)
2,160 sqft
Total Baths
5
Full Baths
3
Partial Baths
2
Lot Size
0.05 Acres
Year Built
1951
MLS Number
DCDC2286764
Status
Active
Property Tax
$7,295
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Recent Activity
2 weeks ago
Listing updated with changes from the MLS
2 weeks ago
Listing first seen on site
General Features
Acres
0.05
Foundation
Other
Levels
Three Or More
Parking
On Street
Property Sub Type
Townhouse
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1440
SqFt Below
720
SqFt Total
2160
Style
Traditional
Water Source
Public
Zoning
RESIDENTIAL
Interior Features
Appliances
CooktopGas Water HeaterDishwasherDisposalDryerIce MakerStainless Steel Appliance(s)WasherMicrowave
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.