Welcome to 1425 Q Street Northwest, an enchanting and smart opportunity with an A+ location nestled in the vibrant heart of Washington, DC. This impressive 3-unit building boasts a gross annual rent of over $115k, with a remarkable 16.8 gross rent multiplier, making it a savvy addition to any portfolio.
Situated on a 2,090 square foot lot, this property offers the convenience of two-car parking—an invaluable asset in the bustling city. Each unit is equipped with essential amenities, including a dryer, washer, and air conditioning, ensuring comfort and convenience for tenants. All units are multi-level with functional floor plans and superb flow.
The location is unparalleled, placing you just steps away from the lively 14th Street and P Street retail corridors. Enjoy the culinary delights of renowned eateries such as Le Diplomate and Barcelona, or take advantage of the proximity to the Dupont Metro and Circulator buses for seamless city commuting. The iconic Logan Circle is also nearby, offering a charming urban oasis.
Whether you're an investor seeking a high-performing asset or a homeowner looking to capitalize on rental income, 1425 Q Street Northwest presents a compelling opportunity. Embrace the dynamic lifestyle of Washington, DC, with this strategically positioned property that combines modern living with smart investment potential. Don't miss the chance to own a piece of this thriving community.
The income description goes here to explain
List Price | $1,940,000 |
Property Type | Triplex (3-units) |
Usable Sqft | 3,380 |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1880 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 0208//0008 |
MLS # | DCDC2168924 |
Property ID | 321057874 |
Lot Sqft | 2,090 |
Zoning | RA-2 |
Total Units | 3 |
Days on Market | 8 |
Original List Price | Unknown |
Date Updated | November 19, 2024 |
Date Created | November 14, 2024 |
Renee M Peres an agent of Compass. Lic #SP98359821
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