Exceptional multifamily investment opportunity in the Brookland neighborhood of Northeast Washington, DC, at 121 Victor Street, offering the ideal combination of turnkey condition, quality renovations, established rental income, and future upside. This well-maintained property features three beautifully updated residential units, including two spacious two-bedroom, one-bath residences and one one-bedroom, one-bath residence. Two of the three units are currently leased, providing a proven and established revenue stream of $3,800 per month, or $45,600 annually, with additional income potential available from the remaining unit or the potential to owner occupy. The interiors have been impeccably renovated with a sophisticated attention to detail, featuring elegant quartz countertops, new kitchen appliances, beautifully appointed quartz bathrooms, high-end flooring, and premium finishes and updates throughout. Each residence offers a polished, contemporary living environment designed to appeal to quality tenants while providing an attractive, low-maintenance investment for the owner. The combination of substantial renovations, strong existing rental performance, and an additional unit available to lease creates an exceptional opportunity for both seasoned investors and those seeking to enter the multifamily market. With two income-producing residences already generating reliable rental revenue and meaningful upside through the lease-up of the third unit, 121 Victor Street offers the rare opportunity to acquire a turnkey, income-producing asset with both immediate cash-flow potential and long-term investment appeal. A truly compelling property for investors seeking quality, functionality, and multiple avenues for future value creation.
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Listing Snapshot
Price
$1,099,000
Days On Site
14 Days
Bedrooms
5
Inside Area (SqFt)
2,256 sqft
Total Baths
3
Full Baths
3
Partial Baths
N/A
Lot Size
0.05 Acres
Year Built
1949
MLS Number
DCDC2286774
Status
Active
Property Tax
$8,602
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
2 weeks ago
Listing first seen on site
2 weeks ago
Listing updated with changes from the MLS
General Features
Acres
0.05
Foundation
Other
Levels
Three Or More
Parking
On Street
Pets
Yes
Property Sub Type
Townhouse
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1516
SqFt Below
740
SqFt Total
2256
Style
Other
Water Source
Public
Zoning
5
Interior Features
Appliances
CooktopElectric Water HeaterDishwasherDryerWasherRefrigeratorMicrowave
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