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6-unit (3BR/1BA each unit) Multi-Family - PROJECTED CAP RATE 10%. Five Units vacant and turn key. One unit occupied with long-term tenant currently on a month to month lease. TOPA has been served. An exceptional investment opportunity awaits with this well-maintained, standalone six-unit apartment building, ideally located near Naylor Road Metro (Green Line). Each unit features a spacious 3-bedroom, 1-bath layout, offering generous living space for tenants. Originally remodeled in 2007, the building includes two ADA-compliant units, centralized heating and air conditioning, and shared, income producing laundry facilities. With one unit currently occupied and five units vacant, there's immediate potential to increase cash flow. The property also boasts a large front yard and rare off-street parking for up to 10 vehicles, an attractive feature for residents. Ideally situated near shopping centers like Good Hope Marketplace and Skyland Town Center, and proximity to parks such as Fort Circle and Oxon Cove, this location combines convenience with lifestyle. Public transit is seamless with nearby Metro and multiple bus routes. Perfect for both seasoned and new investors seeking solid cash flow and future appreciation in a growing market. Don't miss this value-added opportunity in a rapidly developing corridor.
| DAYS ON MARKET | 1 | LAST UPDATED | 10/31/2025 |
|---|---|---|---|
| TRACT | RANDLE HEIGHTS | YEAR BUILT | 1944 |
| COUNTY | WASHINGTON | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
|---|---|
| High School | BALLOU |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| CONSTRUCTION | Brick |
| HEAT | Central, Natural Gas |
| LOT | 7405 sq ft |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| SUBDIVISION | RANDLE HEIGHTS |
| TAXES | 6941 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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