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This detached, self-contained six-unit multifamily building, comprised of six 3BR/1BA apartments, presents a compelling opportunity for both seasoned and first-time investors. The property offers a strong 8% cap rate, delivering immediate and reliable cash flow, with one vacant unit providing a built-in opportunity for lease-up, rental upside, or renovation to further enhance returns. Operations are supported by an on-site property manager, ensuring efficient day-to-day management. Ideally situated near major retail hubs including Good Hope Marketplace and Skyland Town Center, residents enjoy convenient access to shopping, dining, and essential services. The property is also close to outdoor amenities such as Fort Circle and Oxon Cove, offering a desirable balance of urban convenience and green space. Public transportation is easily accessible with nearby Metro stations and multiple bus routes, enhancing tenant appeal and long-term occupancy stability. Located within a rapidly developing corridor, this asset offers both current income and meaningful value-add and appreciation potential. A rare opportunity to acquire a stabilized multifamily asset with upside in a growing market"”don't miss this one.
| DAYS ON MARKET | 0 | LAST UPDATED | 2/7/2026 |
|---|---|---|---|
| YEAR BUILT | 1944 | COUNTY | WASHINGTON |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Gas Water Heater |
| CONSTRUCTION | Brick |
| HEAT | Natural Gas, Radiant |
| LOT | 7841 sq ft |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 5243 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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