$ 890,000
-
$890,000
Price -
9
Bed -
4
Bath -
3,360
SqFt
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About the Listing KWCP1 - 3109753
Prime Opportunity for 1031 Exchange and DSCR Investors — Fully Stabilized 4‑Unit Asset with Strong Program‑Backed Income. This well‑maintained four‑unit building is delivered 100% occupied, with all units currently leased through the voucher program and producing a total actual gross rent of $9,257 per month. The unit mix includes two 3‑bedroom units, one 2‑bedroom unit, and one 1‑bedroom unit, offering a diversified rent roll supported by long‑term demand in this submarket. Operational responsibilities for the owner are limited to water, trash, and common‑area electric, allowing investors to maintain predictable expense ratios and straightforward DSCR underwriting. With program‑backed rents already in place, the property provides immediate in‑place cash flow and a stable income profile suitable for 1031 exchange investors seeking to preserve and reposition capital, as well as DSCR‑focused investors prioritizing consistent rent streams. The building’s existing voucher rent structure, combined with its fully occupied status, offers investors a reliable foundation for long‑term hold strategies, future compliance modernization, or incremental operational improvements. All financial information is based on current leases and program participation; no future performance is represented or guaranteed.
Listing Highlights
Status
Active
Days on Site
19
Property Type
Multi-Family
MLS ®
DCDC2260526
Year Built
1942
Total Square Footage
3,360
Lot/Acreage
0.07
County
Washington
School District
District Of Columbia Public Schools
Interior Details
- Bedrooms: 9
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Window Unit(s),Wall Unit
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3360
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R-3
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $8,312
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
1313 Adams St NE Washington, DC 20018
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