Truly the centerpiece of the entire block, the historic Cain-Roth property is only one block from the Metro Playground and Metro Station, and one block further to Trader Joe's, Eastern Market and Barracks Row. Certified as a contributing property in the Capitol Hill Historic District it's hardwood floors and hand-crafted woodwork preserve the traditional charm and warmth of the original, unlike so many modern renovations. It boasts two single-family 3-bedroom townhomes, plus a bonus lofted carriage house hidden in an ENORMOUS rear garden where it is shaded by a tranquil vineyard, removed from Capitol Hill's buzz. Multiple use options, now and in the future. Live in one large home and enjoy top rents from the other. Easily join the two into a multi-generational residence, with separate entrances, or seamlessly unite them into a single grand residence. Add excellent bonus income from a possible carriage house unit. CofO for three units, and zoning would permit a fourth. (To confirm official records please refer to 1001 South Carolina Ave., the recorded address.) Or even operate your business, corner store, cafe, bookstore, etc., or B&B with up to SIX sleeping rooms (vs. the standard two), or any combination. Inquire about these and other possible uses, plus the property's superb rental history. Previously $130,000+/year. Do not miss this once-in-a-generation opportunity.
Price Improvement! Welcome to 1321 Orren St NE, a 4 unit building in Trinidad. 3 of the units are 2 bedroom/1 bath that have been updated throughout with gourmet galley kitchens, in unit stacked washer and dryer, central a/c and heat. One unit has had some updates recently, with a new furnace added, and new bedroom carpeting being put in. Please note unit #1 does not have laundry or central a/c. All units are currently leased with great tenants. The building has been well maintained over the years. Floorplans are available. Conveniently located near Union Market, Galludet University, H Street corridor, shops and restaurants. TOPA Assignments to the seller have been completed, Seller prefers KVS Title.
WOW!!!! This is an Amazing Opportunity to Own a great home, in a great neighborhood, and have two 2 units for you to supplement the Mortgage. Use a DSCR loan and use the rental units' income to help you pay for the property!! Or turn the spacious upstairs Owner's Suite unit into 2 units, live in one, and rent out 3 units. Either way, you win! Sooooo many options. This Apartment Building is well maintained and features Central Air Conditioning, Gas Hot Water Radiator Heating, a Washer and Dryer in each unit, a Covered Carport with Off-Street parking for two cars, a storage shed, a small yard, and most of all AN AWESOME LOCATION, LOCATION, LOCATION!!! ***Showing will be by Appointment only, with the Listing agent.***** As per standard procedure, Buyer(s) must provide Proof of Funds and an approval letter from a local, reputable lender, before the appointment will be set. There is no lockbox. This building has great tenants with short-term Leases. This is a fantastic opportunity to create generational wealth and City living. This property is a short distance from H St, Gallaudet, Hechinger Mall and so much more. I look forward to the excitement on your face, once you see this place! No Hard Money deals please. Buyer must show Proof of Funds in the Bank under their name!!! Please contact me, or your Realtor, to schedule an appointment. 2 of the units are rented, so I must be with you for the showing. No Appointment, No Access!! Note the 3rd unit is the entire top level. This home may have been a 4 unit at one time.
EXCLUSIVE INVESTMENT OPPORTUNITY: THE MAYFAIR RESIDENCES AT LOGAN CIRCLE ++ We are excited to unveil a stellar investment opportunity in the multifamily asset class: The Mayfair Residences at 1335 11th Street NW, Washington, DC. Offered at $21,500,000 with a projected delivery in late Summer 2024, this exclusive offering encompasses the entire property, comprising 22 high-end units, totaling 29,733 square feet in one of Washington, DC's most sought-after neighborhoods. INVESTMENT OVERVIEW: The Mayfair Residences provide a unique chance to acquire a complete multifamily complex, brand new, with no existing leases and exempt from the Tenant Opportunity to Purchase Act (TOPA), facilitating straightforward management and significant investment potential. This property is poised to cater to the upscale rental market, offering elegance and sophistication in a prime urban location. INVESTMENT HIGHLIGHTS: FULL OWNERSHIP: Control the entire property with 22 high-end units totaling 29,733 sq ft. -- EXCLUSIVITY: No existing leases, complete exemption from TOPA, allowing for smooth management and exceptional investment flexibility. -- PRIME LOCATION: Situated in a highly desirable area known for its constant demand from affluent professionals. -- LUXURY DESIGN: Inspired by the opulent Mayfair district in London, ensuring attraction and retention of high-end tenants. INVESTMENT BENEFITS: IMMEDIATE REVENUE: Start generating income as soon as you acquire the property. -- VALUE APPRECIATION: Invest in an area known for its long-term growth in both popularity and property value. -- TAX INCENTIVES: Benefit from potential tax advantages through property depreciation and other investment deductions. INTERIOR AND DESIGN FEATURES: INTERIORS BY BOXWOOD: A homage to affluence and artistry with luxurious materials and bespoke details. -- CUSTOM FEATURES: Kitchens with Forno appliances, Character Grade White Oak Hardwood flooring, substantial crown and base moldings, high-quality Anderson windows, and solid core doors. -- ADVANCED HOME TECHNOLOGY: Includes surround sound systems, smart home hubs, video doorbell cameras, and more. -- PENTHOUSES: Featuring private roof decks, additional dens, direct private elevator access, and reserved parking spaces. YOUR INVITATION TO LUXURY LIVING: The Mayfair Residences invite you to be part of an address as unique as it is timeless. For a private tour and to experience firsthand the remarkable craftsmanship and visionary design, please reach out to our team. We believe The Mayfair Residences represent a strategic, lucrative asset that complements the sophisticated investment portfolio. This opportunity is not just an investment in real estate but a stake in a lifestyle sought after by many yet available to only a few. We invite you to delve deeper into this investment opportunity and consider the benefits it holds for your portfolio. We look forward to discussing this exclusive offering with you and exploring the possibilities it unfolds for wealth generation.
Welcome to the Roosevelt - This recently renovated semi-detached grand townhouse offers an array of possibilities for the astute investor or homeowner. Configured as a 3-unit townhouse, which consists of a 4BD & 3BA duplex unit with over 2,200 sq. ft. of living area as well as two large 2BD/2BA rental units and an oversized PARKING space. Rents for all 3 units individually on long term leases could bring in over $12,000/mo. Could also potentially make more renting them as short term rentals. Step into the main unit with a sun-soaked living and dining areas are adorned with soaring ceilings, a working fireplace, and charming exposed brick accents, creating an ambiance of timeless sophistication. Next up is the large chefs kitchen, with great counter & storage space you can cook for any size party. A large first floor bedroom and full bathroom complete the first floor. One the 2nd floor you have three additional bedrooms & 2 full bathrooms on the upper level. Units #1 and #2 stand ready for personal occupancy or rental. Each unit has their own washer and dryer, fireplace and recently renovated kitchen and bathrooms. Whether you choose to embrace the role of landlord or reclaim these units for personal use, the options are as boundless as your imagination. Mere blocks from the pulse of H Street, Union Station, Union Market, Stanton Park, Lincoln Park and Eastern Market, convenience, culture and public transportation are always at your fingertips. Donât miss this fantastic 1031 opportunity or live in the large owners unit and bring in the cash flow with 2 rental units & parking! Also listed under MLS # DCDC2161118
This property is fully gutted. It is undergoing permits. Any investors who are interested in buying as-is, please feel free to reach out.
TOPA completely taken care of w/ 1 current tenant and 2 that just vacated on this Trinidad Quadplex ready for new owner! Current tenant in process of vacating, all other units vacant and available to see. Four 2 bedroom 1 bath units- only 1 to clean up for tenants. Units are metered separately for electric and water. Washer and dryer in each unit, fenced rear shared yard. Could be a buy and hold or condo conversion- they are all over the street! Easy access to Gallaudett, H Street Corridor, Union Market, Cap Hill and all major local roads+highways. Bus route at bottom of street.
Introducing 473 M Street NW, a re-imagined 4 story Federal Townhome combining unique architectural features and todayâs most sought-after modern amenities. Spanning 4,000+ sq feet, this Grand Dame was meticulously renovated into Two Units (with separate Tax IDs) and is being offered together providing a unique investment or multi-generational living opportunity. Soaring ceilings, sweeping hardwoods and two gorgeous Gourmet Kitchens are just a few details of this home. The main level unit features an open floor plan with a south-facing Bay window and a wood-burning fireplace. The Eat-In Kitchen adjoins the Dining Room with wet bar and features top of the line Bosch appliances, a gas cooktop, granite countertops, and an expansive Island with seating. Two Bedrooms and Two Baths are positioned off the back of the home and provide access to a private patio area perfect for outdoor entertaining. The Two-Level Penthouse Unit features an open floor plan with high ceilings, a generous Living Room with fireplace, Gourmet Center Island Kitchen with Bosch appliances and Breakfast Bar with wine fridge. Two Bedrooms are set privately down the Hall with Bathroom and Laundry. The Top level offers a one-of a-kind Ownerâs Suite with soaring ceiling, fireplace and a wall of windows overlooking mature trees along M St. An additional Bedroom or entertainment area is set down the hallway and provides access to a large rooftop deck with great views. A lower level Studio with Kitchenette and private entrance complete this rare offering. 473 M Street is ideally located on a quiet one-way street, convenient to the cityâs best amenities, Mt Vernon Square Metro, China Town and easy access in and out of the city via 395.
Incredible 4 unit in wonderful Trinidad NE. Totally vacant building! So much development going on in the immediate area. This is a gem for sure. Permits are underway and will be ready upon settlement to convert this into four 2 bedroom, 2 bath units with parking for 2 cars in the rear along with a rooftop deck. The 4 unit next door is also under major construction. Bring owner occupants and investors. This is a true game changer! Call Randy with questions.
BACK ON THE MARKET DUE TO BUYER FINANCING FALLING THROUGH ***Rare Opportunity for savyy investor: Live in one unit and Rent the second one or Rent both units! Beautifully renovated 2-unit building with central A/C, separate utilities, and fully-fenced backyard.*** Each unit offers 1-bd, 1-bath, living space, and is completely move-in ready: Freshly painted and renovated, tankless water heaters, separate metered utilities, new flooring, new oven/range, Roof has been professionally serviced in 2022. Parking in the back. Located in trendy Trinidad, close to restaurants, bars, coffee shops, Union Market, and transportation (D3, D4, D8 buses, H st. trolley) .. not to mention being one of the most walkable neighborhoods in Washington D.C. *SELLER HAS AN ASSUMABLE FHA LOAN (3.49% interest rate) + Property is located in a low-moderate income census tract, which makes it eligible for the Truist's Community Homeownership Incentive Program (CHIP): prospective buyers with a minimum credit score of 660 can qualify for up to 100% financing on this property, with no mortgage insurance (PMI).
Multiple Development Possibilities. Multi Family Potential or Condo Conversion. for 16+ Units. Current plans reflect 17,000+ sqft of building. Many successful projects have been completed in the area. Property has desirable RA-2 zoning. Raze permit has been applied for and permitting is in process. Call listing agent for more information.
Investment Opportunity in Prime Location Welcome to a prime investment opportunity nestled in the heart of Washington, DC. This four-unit property presents an exceptional chance for savvy investors to capitalize on its potential. Boasting a coveted location and promising possibilities, this property is a diamond in the rough waiting to be polished. Property Details: Unit Configuration: Four units, each featuring two bedrooms Potential for Expansion: Ample space available to comfortably rebuild units into three bedrooms, offering increased rental potential and appeal. Certificate of Occupancy: The property holds a Certificate of Occupancy for a four-unit building, ensuring compliance and legal status. Neighborhood Dynamics: The neighboring building has secured a permit for an eight-unit apartment complex, indicating growth and development potential in the area. Housing Demand: With housing in DC at a premium and Howard University facing shortages in student accommodations, this property offers a timely solution to a pressing need. Opportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals. Important Note: Fire Damage Alert: Please be advised that this property has incurred fire damage and is currently deemed unsafe for entry. Exercise caution when exploring the premises. Home Harmless Agreement: For safety reasons, all individuals entering the property must sign a Home Harmless Agreement, acknowledging the risks associated with the property's current condition.
PRICE PERFECTED! Explore a premier investment opportunity in Dupont Circle. This detached property offers an expansive area of over 6,000 square feet, complete with six parking spaces and four exquisitely maintained units. The centerpiece of this estate is a luxurious, sun-drenched two-level corner unit, embodying the pinnacle of upscale living. As an owner, you can enjoy the splendor of this distinguished mansion as your residence while capitalizing on substantial rental income from the other three units. Alternatively, fully leasing the property can yield a significant yearly income. This property is more than a residence; it is a strategic, high-value investment in sought-after Dupont Circle.
Experience luxurious living in this meticulously renovated duplex located in the heart of Washington DC. The entire building has undergone a stunning transformation, offering two fully upgraded units (1BR, 1BA). Each unit boasts new energy-efficient windows, recessed lighting, fresh paint, new flooring, and plush carpeting. The kitchens shine with stainless steel appliances and granite countertops. The bathrooms feature new ceramic tile, sinks, and toilets. The inclusion of energy-efficient stacked washers and dryers adds convenience. Unlock the potential for vertical expansion, a unique opportunity in this thriving area that has witnessed drastic development. The property is positioned just 2 blocks from the DC Streetcar, providing easy access to the city's charm. Furthermore, enjoy proximity to RFK Stadium and the Hechinger Mall Redevelopment, promoting entertainment and recreation. *Seller has an assumable loan at 4.5% interest*
For Sale- Three one bdrm units nestled in the quiet nook of Pleasant Hills and directly on the edge of Petworth! This amazing three unit is currently generating approximately $60k/year with only two units rented (via airbnb) and the owner occupying the third unit. This home is nearby to Brookland metro, Catholic U, Washington Hospital Center, and steps from the prestigious Yu Ying Charter School. And best of all, the zoning in this neighborhood allows you to add an additional level on top if you decide to expand down the road. A truly unique opportunity in Brookland!
Three separately metered apartments. Apartment 1 has 2 beds and 1 bathroom. It is roughly 1,500 sqft according to the tax record. Apartment 2 has 3 bedrooms and 1 bathroom. It is roughly 1,300 sqft according to the tax record. Apartment 3 has two levels with 3 bedrooms and a den with 2.5 bathrooms. It is roughly 3,000 sqft according to the tax record. There is a new deck and parking space out back. Some new renovations have been completed and some are in process. Unit three is ready for your complete renovation. ***Please call listing agent for detailed description***
The property was severely damaged by fire. Showing the interior is not possible. Showings must be conducted from the exterior ONLY.
5 unit renovation in progress - estimated delivery June 2024. Unit 1: 604 SF 2 bed, 1 bath; Unit 2: 637 SF 2 bed, 1 bath; Unit 3: 700 SF 2 bed, 1 bath; Unit 4: 732 SF 2 bed, 1 bath; Unit 5: 1163 SF, 3 bed, 2 bath w/ roof deck. 2 off street parking spaces. Estimating $11,500 in monthly rent from finished units. Located 2 blocks from Deanwood metro station.
Calling all investors for this 6 TH-style units in a brand new building with views of the Wash Monument and the Capitol! Located in bustling NE DC, in Langston-Carver, where H St Corridor, Union Market and Ivy City are all easily accessible, you can now add this boutique 6-unit residence to the mix. The Dezy Condominiums has an expansive rooftop with 360 degree views of DCâs skyline for the penthouse units. There is a clear shot of the Capital from the all six units and spectacular sunsets. In addition, each unit has its own private outdoor space, 3 bedrooms and 2.5 baths over two floors. Each unit has a spacious, open concept living & dining area which is graced by an oversized picture window at each end of the home that offers ample natural light throughout the main level. The stunning white oak wide plank flooring create an inviting and warm atmosphere throughout the home. The chic L-shaped kitchen has quartz countertops, matching backsplash, white shaker cabinetry with black metal hardware, an oversized island with storage and an 7.5ft wide deep pantry. The brand-new SS appliances offer functionality and style. All the bedrooms have morning or sunset views and are on the same floor as the laundry. Both full baths have spa-like features and feel. Full-size washer and dryer in every unit. The secured 6-car parking area has a quick roll up door and each unit comes with 1 parking space. The building is fully equipped with a secured entry, while the unit has a smart home security system installed. These SIX condos run from 1640-1800 sq ft each. Within walking distance to H Street Corridor, Aldi, Safeway and the Arboretum. This is an amazing opportunity for early entry into a transitioning area while building equity for years to come. . Average rentals for each unit currently goes for $3800-4000/mo. When renting out the 6 units, that's roughly a 6.825% cap rate!
***See Virtual Tour for photos*** â¢Three-story mixed-use building is zoned to allowed a varied mix of residential, employment, retail, service, and other related uses. ⢠Fully leased to a cannabis retailer with one and a half years remaining on their lease, allowing a new owner to chart the course for success moving forward. ⢠Strong 2-mile demographics with over 167,900 residents, an average household income above $133,200 annually, and total consumer spending above $2.6B. ⢠Nearby retailers include Aldi, Chick-fil-A, CVS, Safeway, and Starbucks, Whole Foods as well as venues like the National Arboretum & Atlas Performing Arts Center. ⢠Exceptional H Street Corridor location near Hechinger Mall, Union Station, NoMa-Gallaudet U - New York Ave Station, Gallaudet University, & more. ⢠Walk ScoreTMï¸ of 95 with multiple DC Streetcar and Metrobus locations nearby. Conveniently situated with easy access to 295 or Rte. 50. Additionally, it is within a 15-minute walk to Gallaudet University.
IGNORE DOM. Previous Contract fell through. Back on the market buyer financing fell through. huge price improvement!!Amazing location not far from two metro stations bus line near by totally remodeled recently. EACH UNIT IS SEPARTELY METERED Well maintained building All four unit have Central AC. UNIT 1 and 2 are handicap accessible. UNIT ONE AND 4 ARE VACANT. All four units have WASHER AND DRYER HOOK UP AND UNIT 3 HAS WASHER AND DRYER. Great tenants unit 2 and 3 are on section 8. YOU HAVE TWO UNITS VACANT U CAN LIVE IN ONE AND RENT THREE OF THEM. Premium title and escrow preferred as they have done work on the property.
Also Listed as Residential on the mls DCDC212576 Perfect condominium conversion or multi family opportunity in the Trinidad neighborhood. Building has two 1 bedroom, 1 bathroom units with enclosed rear porches. Parking is possible in the back. Due diligence should be conducted in advance . Both units are occupied. Sold AS IS . All offers to include Pre Approval Letter, Copy of EM and proof of funds. Prime development opportunity-many buildings in the neighborhood have been expanded and converted into luxury condominium residences. Building is conveniently located near Gallaudet University and easy access to routes to Capitol Hill and bustling H Street.
Calling all investors; the election is over and it is time to move forward boldly; interest rates are coming down again.! . This lovely, 4-unit, semi-detached property should be your next project! The property receives lots of natural light and is located within a charming community. Development continues along Minnesota Ave. and this property is located near the Minnesota Ave. Metro. Tucked away nearby is Eastland Gardens, with lots of deer, turtles, hawks, eagles and foxes, including current plans to build a pedestrian bridge over the Anacostia River. The community is a yes and this potential project could be your new home; this is a perfect condo conversion project or simply spruce up each unit and maintain the current layout and rent This property is a must see and is vacant; NO TOPA! Opportunity is knocking! Get your contractor and take a look at this stately, end of row, 4-unit building. Zoned R3, which means you can go up to 40 feet (three stories) by right and get up to 70% lot coverage. The property is an end of row, 4-unit with a very large side and rear yard, which you can use to expand the building footprint or a build a parking lot.
Washington is located in District of Columbia. Washington, District of Columbia has a population of 683,154. Washington is less family-centric than the surrounding county with 24.14% of the households containing married families with children. The county average for households married with children is 24.14%.
The median household income in Washington, District of Columbia is $93,547. The median household income for the surrounding county is $93,547 compared to the national median of $69,021. The median age of people living in Washington is 34.3 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 26.5 degrees. The average rainfall is approximately 43.3 inches per year, with 13.7 inches of snow per year.
