$ 4,750,000
-
$4,750,000
Price -
21
Bed -
14
Bath -
3,570
SqFt
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About the Listing LNG44 - 2039
This fully renovated 7-unit building, partially leased multifamily asset presents a compelling opportunity to acquire a stabilized income-producing property with subsidized, guaranteed rental income already in place. The property offers a flexible mix of self-contained apartment units ranging from four bedrooms to six bedrooms, each updated to meet modern residential standards and fully self-contained. It has 2-6bedroom 4-5 bedroom and 1–4-bedroom units. With occupancy secured from day one, the asset is positioned to deliver immediate cash flow, durable income stability, and long-term investment upside. Situated on a large lot with rear parking, the property enjoys convenient access to the Rhode Island Avenue Metro station, Union Market, nearby retail, restaurants, and neighborhood amenities along 12th Street. This offering is well suited for investors seeking a renovated, cash-flowing multifamily asset in a well-connected and desirable neighborhood.
Listing Highlights
Status
Active
Days on Site
10
Property Type
Multi-Family
MLS ®
DCDC2271010
Year Built
2023
Total Square Footage
3,570
Lot/Acreage
0.16
Interior Details
- Bedrooms: 21
- Bathrooms: 14 Full
- Appliances: Refrigerator, Stove
- Air Cond: Window Unit(s)
- Heating: Hot Water
- Fireplaces:
- Floor: Hardwood
- Above Ground Sq Ft: 3570
- Below Ground Sq Ft: 0
- Basement: Space For Rooms
- Other: Ceiling Fan(s),Wood Floors
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R4
- Roof: Flat
- Others: Sidewalks,Excellent
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $8,121
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2021
Payment Calculator
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Questions About..
1944 3rd St NE Washington, DC 20002
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