Whether you're looking to establish a primary residence with built-in income or expand your real estate portfolio, this property offers exceptional flexibility and long-term value. Currently yielding 6%+ per annum this well-maintained four-unit property is ideally located just one-half block from the U Street Metro, one block from Trader Joe's on 14th Street, and three-and-a-half blocks from Logan Circle Park. The building consists of three two-bedroom, one-bathroom units and one studio apartment. The property includes tandem surface parking for two vehicles in the rear and benefits from long-term tenant occupancy, providing immediate and stable rental income. Meticulously maintained and held by the same owner for the past 25 years, this is a rare opportunity to acquire a proven income-producing asset in a premier urban location with strong rental demand and exceptional walkability.
| MLS # | DCDC2268800 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Pending-bright |
| Year | 1898 |
| Days On Site | 103 |
| Listing Provided By | TTR Sotheby's International Realty | Brian Smith |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,411 |
| Basement | Y |
| Story(s) | 4 |
| Zoning | RF-1 |
| Acreage | 0.04 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Heat Pump(s) |
| Construction Materials | Brick, Stone |
|---|---|
| Foundation Details | Permanent |
| Garage Yes / No | No |
|---|---|
| Parking Features | Surface |
| Tax Annual Amount | 14853 |
|---|
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20009 |
| Area | WASHINGTON DC |
| Community Name | U STREET CORRIDOR |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in U STREET CORRIDOR) | |
Price: $1,995,000 low | high Med: $410,000 sqft: 3,411 low | high Med: 618 $ / sqft: $585 low | high Med: $663 On site: 103 low | high Med: 8 | |
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20009 |
| Area | WASHINGTON DC |
| Community Name | U STREET CORRIDOR |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in U STREET CORRIDOR) | |
Price: $1,995,000 low | high Med: $410,000 sqft: 3,411 low | high Med: 618 $ / sqft: $585 low | high Med: $663 On site: 103 low | high Med: 8 | |
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