This exceptional four-unit investment property, offering 1 bedroom and 1 bathroom units each with its own parking space, is back on the market with fresh updates and tremendous income potential. All systems well-maintained by a property manager and can be delivered vacant, this property is ideal for owner-occupants, investors, or developers alike. Situated in a prime location, this property is positioned for appreciation and increased rental demand. With a prior appraisal of $1.4M and potential rental income up to $2,400 per unit, the investment prospects and income potential are outstanding.
Each unit features stainless steel appliances, jacuzzi tubs, hardwood floors, modern washer/dryer combo units and a dedicated parking space. Situated just 3 blocks from the vibrant H Street Entertainment Corridor, the property is also conveniently located near Amtrak Union Station, Capitol Hill, Whole Foods, Metro, and shopping. Additionally, it sits across the street from a beautifully renovated multi-million-dollar recreation center with a pool, exercise room, athletic field, playground, and library.
Boasting a prime corner lot location with parking, a substantial land survey, and excellent income potential, this property is a rare opportunity. Don’t miss your chance to own a lucrative investment in one of Northeast D.C.’s most sought after neighborhoods!
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List Price | $1,079,000 |
Property Type | Fourplex (4-units) |
Usable Sqft | 2,228 |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1950 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 4537//0844 |
MLS # | DCDC2170542 |
Property ID | 293500846 |
Lot Sqft | 2,272 |
Zoning | R4 |
Total Units | 4 |
Date Updated | January 20, 2025 |
Date Created | December 08, 2024 |
Ryan Butler an agent of .
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT