$ 849,000
-
$849,000
Price -
8
Bed - Bath
-
3,440
SqFt
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About the Listing RMAX34 - 3057713
3919 R Street SE, Washington, D.C. ( Fort Dupont Park) Nestled in the heart of the Fort Dupont Park community, 3919 R Street SE presents a rare opportunity to own a well-maintained, fully detached four-unit apartment building ideal for both investors and owner-occupants alike. The property features four spacious 2-bedroom, 1-bathroom units, with two currently vacant, offering immediate flexibility for new tenants or an owner looking to occupy a unit. Each unit is separately metered, and the building has benefited from several recent upgrades, including: New windows Updated countertops and flooring Renovated bathrooms Fresh interior and exterior paint Situated on a generous 6,190 SF lot with approximately 3,400 SF of living space, this property offers multiple investment strategies: Buy and hold for long-term rental income Live in one unit and rent out the others for supplemental income Condo conversion potential (subject to required approvals) Rental Potential: Based on current D.C. fair market rents, gross rental income is estimated between $72,000 – $76,800 annually (Section 8 rates range from $1,500 to $1,620 per unit, including utilities). Current Rent Roll: Two occupied units generating $34,080 annually. One additional unit expected to be leased in November or December, increasing annual income to approximately $52,080. Tenants pay gas and electric. With its strong income potential, flexible occupancy options, and desirable Fort Dupont Park location, 3919 R Street SE stands out as an excellent investment opportunity whether you’re expanding your portfolio or seeking a property that generates income while you live in it.
Listing Highlights for 3919 R St SE
Status
Active
Days on Site
48
Property Type
Multi-Family
MLS ®
DCDC2223022
Year Built
1942
Total Square Footage
3,440
Lot/Acreage
0.14
County
Washington
School District
District Of Columbia Public Schools
Interior Details
- Bedrooms: 8
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Radiator
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3440
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: 3,243.00
- Roof:
- Others:
- Sewer: Public Hook/Up Avail
- Parking Features: On Street
Financial Details
- Tax Amount: $5,552
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
3919 R St SE Washington, DC 20020
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