$4,000,000
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1311 R Street NW Washington, DC 20009
Townhouse
Residence
6
Beds
8
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
A rare investment opportunity in the heart of one of the most sought-after neighborhoods in all of Washington, DC. Located on a gorgeous tree-lined street just steps to bustling 14th Street and U Street corridors, this offering comprises of two newly built attached properties that were developed as... luxury condos in 20018. The current owner has operated both buildings as corporate and/or short term rentals. The buildings collectively are earning an Annual NOI (Net Operating Income) of $583,000. The Cap Rate is just over 12%. This assemblage is an ideal turn-key investment opportunity for a first-time or seasoned investor, and/or Landlord Occupant.
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MLS#
DCDC2190918
Property Type
Townhouse
Bedrooms
6
Bathrooms
6 Full/2 Half
Year Built
2018
Lot Size
0.04
Stories
4.0
Sewer
Public Sewer
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